Denbury (DEN)

Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions. The Company's goal is to increase the value of its properties through a combination of exploitation, drilling and proven engineering extraction practices, with the most significant emphasis relating to CO2 enhanced oil recovery operations.

Company profile

Ticker

DEN, DNRRW

Exchange

NYSE

Website

www.denbury.com

CEO

Christian Kendall

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Crude Petroleum and Natural Gas Extraction

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Occidental Petroleum • Anadarko Petroleum • Apache • Chesapeake Energy • Devon Energy • Marathon Oil • EOG Resources • Pressburg • Ovintiv ...

Former names

DENBURY RESOURCES INC

SEC CIK

0000945764

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Denbury Operating Company • Denbury Onshore, LLC • Denbury Pipeline Holdings, LLC • Denbury Holdings, Inc. • Denbury Green Pipeline – Texas, LLC • Greencore Pipeline Company, LLC • Denbury Gulf Coast Pipelines, LLC ...

IRS number

752815171

DEN stock data

1M 1Y 5Y

News

From Benzinga Pro

Stocks That Hit 52-Week Lows On Thursday

23 Jun 22

On Thursday, 216 stocks hit new 52-week lows.

Benzinga's Top Ratings Upgrades, Downgrades For May 10, 2022

10 May 22

Upgrades

Citigroup Initiates Coverage On Denbury with Buy Rating, Announces Price Target of $83

10 May 22

Citigroup analyst Scott Gruber initiates coverage on Denbury (NYSE:DEN) with a Buy rating and announces Price Target of $83.

Recap: Denbury Q1 Earnings

5 May 22

Denbury Q1 EPS $1.69 Beats $1.53 Estimate

5 May 22

Press releases

From Benzinga Pro

EnerCom Announces Preliminary Presentation Times and Schedule for Participating Companies at EnerCom Denver - The Energy Investment Conference Hosted in Denver, August 7-10, 2022

28 Jun 22

Registration is Open Now for EnerCom Denver with One-on-One Meeting Requests Opening for Qualified Investors on July 1st DENVER, June 28, 2022 /PRNewswire/ -- EnerCom, Inc. announced today that it has published the

Denbury to Present at J.P. Morgan Energy, Power & Renewables Conference

15 Jun 22

Denbury Inc. (NYSE:DEN) ("Denbury" or the "Company") today announced that Chris Kendall, President and Chief Executive Officer, will present at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday,

EnerCom Announces Preliminary Line-Up of Presenting Companies for EnerCom Denver - The Energy Investment Conference Hosted in Denver, August 7-10, 2022

8 Jun 22

EnerCom Denver - The Energy Investment Conference will celebrate its 27th year of bringing a broad group of public and private energy companies, energy analysts, industry leaders and investors to Denver, Aug. 7-10,

Denbury and Nutrien Announce Agreement for Transportation and Storage of CO2 to be Captured from Nutrien's Planned Clean Ammonia Project in Geismar, Louisiana

18 May 22

Denbury Reports First Quarter 2022 Results

5 May 22

Analyst ratings and price targets

Last 3 months

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

6 May 22

29 Jun 22

31 Dec 22

Financial summary

Financial statements Chart DEN financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	47.21M	47.21M	47.21M	47.21M	47.21M	47.21M
Cash burn (monthly)	1.04M	(no burn)	2.46M	(no burn)	(no burn)	(no burn)
Cash used (since last report)	3.1M	n/a	7.29M	n/a	n/a	n/a
Cash remaining	44.12M	n/a	39.92M	n/a	n/a	n/a
Runway (months of cash)	42.3	n/a	16.2	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Denbury earnings reports.

Recent insider trades

DEN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
1 Jun 22	David E Sheppard	Common Stock	Grant	Acquire A	No	No	1,672	142,796
7 Mar 22	Kendall Christian S	Common Stock	Grant	Acquire A	No	No	22,907	754,901
7 Mar 22	Allen Mark C	Common Stock	Grant	Acquire A	No	No	9,745	284,193
7 Mar 22	Matthews James S.	Common Stock	Grant	Acquire A	No	No	4,747	148,789

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

DEN institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

(1)Includes a pre-tax full cost pool ceiling test write-down of our oil and natural gas properties of $14.4 million during the first quarter of 2021.
(2)Barrel of oil equivalent using the ratio of one barrel of oil to six Mcf of natural gas (“BOE”).
(3)See also Commodity Derivative Contracts below and Item 3. Quantitative and Qualitative Disclosures about Market Risk for information concerning our derivative transactions.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: assessed, assessment, attached, authorization, carryback, carryforward, coinciding, cumulative, cyclicality, deemed, degree, discontinued, dollar, engineering, equipment, experience, extend, extended, extent, flexibility, frequency, geopolitical, Grieve, groundwater, heightening, imposed, inclusive, interruption, invasion, judgment, LIBOR, long, longer, maintenance, margin, metric, modify, offered, Overnight, phase, rapidly, replace, road, Russia, Russian, Salt, site, specific, store, subsurface, suspended, taxable, text, Ukraine, unlimited, upper, version, virtue, war, worth

Removed: absorb, affecting, al, annually, applied, approving, assigned, ASU, banking, book, caption, captioned, chapter, charge, closed, comparability, comparable, compensated, competition, conditioned, Confirmation, confirming, convertible, coupled, Court, covering, created, decade, decree, Delhi, depletable, depreciation, determinant, dilution, discount, Distributable, District, Dome, downturn, East, emerged, evaluated, extension, extinguishment, finance, flood, footnote, Free, GAAP, gain, global, Greencore, impaired, impairment, implementation, improve, installment, intend, issuing, Jackson, joint, July, legislation, lien, Manvel, mature, NEJD, objective, offsetting, pandemic, partially, payable, Petition, positioned, predecessor, prepackaged, prospective, provision, pursuant, reassessed, reflect, refunded, relieving, removing, restructuring, resulted, return, semiannual, simplify, Simplifying, Southern, statement, step, subordinated, successor, system, tested, Thompson, transferred, treated, Troubled, unevaluated, unexpected, unrestricted, usage, voluntary, weakened, Webster

From filing 10-Q 2022 Q1

Financial reports

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