Inactive Instrument

Denbury Inc.

Equities

DEN

US24790A1016

Oil & Gas Exploration and Production

Denbury Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 03, 2023 at 04:30 pm

Denbury Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 328.98 million compared to USD 482.16 million a year ago. Net income was USD 67.28 million compared to USD 155.49 million a year ago. Basic earnings per share from continuing operations was USD 1.3 compared to USD 3 a year ago. Diluted earnings per share from continuing operations was USD 1.25 compared to USD 2.83 a year ago.
For the six months, revenue was USD 670 million compared to USD 894.02 million a year ago. Net income was USD 156.48 million compared to USD 154.62 million a year ago. Basic earnings per share from continuing operations was USD 3.03 compared to USD 2.99 a year ago. Diluted earnings per share from continuing operations was USD 2.9 compared to USD 2.81 a year ago.

Latest news about Denbury Inc.

Denbury Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-21	CI
Denbury Inc.(NYSE:DEN) dropped from S&P Global BMI Index	11-06	CI
Denbury Inc.(NYSE:DEN) dropped from S&P TMI Index	11-06	CI
Denbury Inc. Announces Executive Changes	11-02	CI
Exxon Mobil Corporation completed the acquisition of Denbury Inc. from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc., The Vanguard Group, Inc., FMR LLC and others.	11-01	CI
Denbury shareholders approve merger with Exxon Mobil	23-10-31	RE
Denbury Inc. Enters into A Fourth Amendment to Its Senior Secured Revolving Credit Facility with Jpmorgan Chase Bank, N.A	23-10-30	CI
Exxon posts $9.1 billion net, down from year-ago, up 15% from 2Q	23-10-27	RE
US energy M&A slows in Q3, but October's mega deals to spark activity - Enverus	23-10-24	RE
Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters	23-10-24	RE
Pioneer's mega-sale to Exxon will trigger $71 mln in exec windfalls	23-10-11	RE
Exxon secures lead in top US oilfield with $60 bln buy of shale rival Pioneer	23-10-11	RE
Sector Update: Energy Stocks Stocks Sharply Higher Late Afternoon	23-09-12	MT
Sector Update: Energy Stocks Sharply Higher in Afternoon Trading	23-09-12	MT
Sector Update: Energy Stocks Gain Pre-Bell Tuesday	23-09-12	MT
Sector Update: Energy	23-09-12	MT
Denbury, Exxon Mobil Hart-Scott-Rodino Waiting Period Expires	23-09-12	MT
Investors have China and central banks on their mind	23-08-28
Jefferies Downgrades Denbury to Hold From Buy, Cuts Price Target to $91 From $117	23-08-28	MT
ANALYST RECOMMENDATIONS : Abrdn, Meta, Netflix, Nvidia, Tetra Tech...	23-08-28
Denbury Downgraded by KeyBanc to Sector Weight From Overweight, $102 Price Target Removed Amid Pending Acquisition by Exxon Mobil	23-08-17	MT
Stifel Adjusts Price Target on Denbury to $93 From $86, Maintains Hold Rating	23-08-11	MT
Tranche Update on Denbury Inc.'s Equity Buyback Plan announced on May 5, 2022.	23-08-04	CI
Denbury Inc. Announces Production Results for the Second Quarter and the Six Months Ended June 30, 2023	23-08-03	CI
Earnings Flash (DEN) DENBURY Reports Q2 EPS $1.06, vs. Street Est of $1.31	23-08-03	MT

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Company Profile

Denbury Inc. is an independent energy company. The Company is focused on developing its properties through a combination of exploration, exploitation, drilling, and practices, with an emphasis relating to carbon dioxide enhanced oil recovery (CO2 EOR) operations. The Company's operations are operations focused on the Gulf Coast and Rocky Mountain regions of the United States. The Company's properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, and Louisiana, and in the Rocky Mountain region are situated in Montana, Wyoming, and North Dakota. It owns and operates over 1,300 miles of CO2 transportation pipelines. The CO2 pipeline infrastructure in the Gulf Coast and Rocky Mountain regions delivers CO2 from its natural and industrial CO2 sources for use in its CO2 EOR fields, as well as to deliver CO2 to its customers who are industrial end-users of CO2 or EOR customers.

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Oil & Gas Exploration and Production

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