Operator · Tuscaloosa Marine Shale (TMS)
Denbury Inc.
53 articles mentioning Denbury Inc. · Page 1 of 3
Denbury Inc., First Quarter 2023 Results
Denbury Inc., announced first quarter 2023 results. Highlights First quarter 2023 net cash flows provided by operating activities totaled $89 million, and adjusted cash flows from operations(1) totaled $140 million. Net income for the quarter was...
Denbury Inc. First Quarter 2022 Results
Denbury Inc. provided its first quarter 2022 financial and operating results. 1Q Highlights: First quarter 2022 cash flows provided by operating activities totaled $90 million. Adjusted cash flows from operations(1) of nearly $131 million represent a...
Denbury Inc. Fourth Quarter, Full Year 2021 Results
Denbury Inc. provided its fourth quarter and full-year 2021 financial and operating results. Full Year 2021 Highlights: Set a fifth consecutive Company annual record for employee and contractor safety, achieving a Total Recordable Incident Rate of...
Denbury Inc. First Quarter 2021 Results
Denbury Inc. reported its Q1 2021 results. Q1 Highlights: Net cash provided by operating activities was $53 million; Adjusted cash flow from operations(1) (non-GAAP measure) was $81 million. Development capital expenditures totaled $20 million; Free cash...
Denbury Taps New Exec to Head Carbon Solutions Team
Denbury Inc. has announced the appointment of Nikulas Wood as Senior Vice President. This appointment is related to its new Carbon Capture, Use and Storage (CCUS) business. Mr. Wood will head the Denbury Carbon Solutions team...
Denbury Adds Former Noble Energy VP to Board
Denbury Inc. announced that Brad Whitmarsh has joined Denbury as Executive Director, Investor Relations. About Whitmarsh Mr. Whitmarsh has worked in the oil and gas industry for over 20 years and brings significant investor relations experience...
Denbury Adds Carbon Capture Expert to Board
Denbury Inc. announced the appointment of Cindy A. Yeilding to its Board of Directors effective March 16, 2021. Yeilding brings extensive energy and technical expertise to Denbury's Board, including a deep understanding of the emerging Carbon...
Denbury Inc. 2021 Capital Plan; Fourth Quarter, Full Year 2020 Results
Denbury Inc. announced its fourth quarter and full-year 2020 financial and operating results, along with its 2021 capital budget and projected 2021 production. 2021 Capital Plan - Capex: $250-270 million - down 11% at the midpoint...
Denbury Resources Third Quarter 2020 Results
Denbury Inc. announced its third quarter 2020 financial and operating results. Highlights: Successfully completed financial restructuring and emerged from Chapter 11 reorganization on September 18, 2020, with a strong balance sheet and strong liquidity position: Reduced...
Denbury Exits Bankruptcy
Denbury Inc. has successfully completed its financial restructuring and emerged from Chapter 11. The company eliminated $2.1 billion of bond debt as a result of the restructuring. Additionally, Denbury has changed its corporate name from Denbury...
Denbury's Stock Delisted from NYSE Following Bankruptcy Filing
Denbury Resources Inc. received notice that the NYSE will be delisting its common stock from trading on the NYSE and, as of July 31, 2020, indefinitely suspended trading of the stock. This suspension and delisting is...
Denbury Resources Files Chapter 11 Bankruptcy
Denbury Resources has entered into a Restructuring Support Agreement with funded debtholders holding 100% of revolving credit facility loans, approximately 67.2% of second lien notes and approximately 70.8% of convertible notes in a "pre-packaged" plan that...
Denbury Skips Interest Payment; Draws Down Credit Facility by $200MM
Denbury Resources Inc. has reported two financial developments, according to its most recent SEC filing (dated June 30, 2020). Skips Out on Interest Payment Denbury will not be making its $8 million interest payment on its...
Denbury Resources First Quarter 2020 Results
Denbury Resources Inc. announced its first quarter 2020 financial and operating results. Q1 Highlights Net income of $74 million, or $0.14 per diluted share Adjusted net income(1) (a non-GAAP measure) of $27 million, or $0.06 per...
Denbury Axes 2020 Capex by 44%; Defers CO2 Project
Denbury Resources Inc. reported an update in the wake of the market uncertainty. 2020 Changes Denbury has reduced its 2020 capital budget by ~$80 million, or 44%. As a result, Denbury's revised 2020 capital budget, excluding...
Denbury Receives Low Stock Price Warning from NYSE
Denbury Resources Inc. received formal notice from the NYSE that the average closing price of the Company's shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which...
Denbury Q4 2019 Financial and Ops Results
Denbury Resources today announced its fourth quarter and full-year 2019 financial and operating results, along with its 2020 capital budget and currently estimated 2020 production. 2019 FOURTH QUARTER AND FULL-YEAR HIGHLIGHTS Financial Delivered net income of...
Denbury Resources Details Q3 2019 Results
Denbury Resources Inc. reported its Q3 2019 results. Highlights: Generated cash flow from operations of $131 million and free cash flow(1) (a non-GAAP measure) of $44 million after considering development capital expenditures, capitalized interest and interest...
Denbury Adds Consulting Firm CEO to Board
Denbury Resources Inc. has appointed Mary M. VanDeWeghe to its Board of Directors on March 27, 2019. Ms. VanDeWeghe has been appointed to the Audit Committee and Reserves and Health, Safety and Environmental Committee of the...
Penn Virginia, Denbury Scrap Merger Deal
Penn Virginia and Denbury Resources have mutually agreed to terminate their pending merger agreement. The companies signed the $1.7B deal in late October 2018. Neither Penn Virginia nor Denbury will be responsible for any payments to...