Commodity Price Volatility Risks: Natural gas and NGL prices can fluctuate significantly, directly impacting DEC's revenue, cash flow, and profitability. While hedging strategies are employed, they do not fully eliminate exposure to price movements.

Regulatory and Environmental Compliance Risks: DEC operates mature assets subject to evolving and potentially more stringent environmental regulations, particularly concerning methane emissions, well abandonment obligations, and water management. Non-compliance could lead to fines, operational restrictions, and increased costs for remediation or plugging and abandonment.

Well Decline and Production Management Risks: Operating mature wells means inherent natural decline in production. DEC's strategy relies on active well management and optimization to mitigate this, but failure to effectively manage decline rates or replace reserves through new acquisitions or development could negatively impact future production and cash flow.