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Denbury Resources

OverviewSuggest Edit

Denbury is a growing, dividend-paying, domestic oil and natural gas company. Our primary focus is on enhanced oil recovery utilizing carbon dioxide (CO2 EOR), and our operations are focused in two key operating areas: the Gulf Coast and Rocky Mountain regions. Currently our properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region in Montana, North Dakota and Wyoming. Our goal is to increase the value of acquired properties through a combination of exploitation, drilling and proven engineering extraction practices, with the most significant emphasis on CO2 EOR. Our headquarters are located in Plano, Texas.
TypePublic
Founded1999
HQPlano, TX, USMap
Websitedenbury.com
Employee Ratings3.3More
Overall CultureCMore
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Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)806(-2%)
Revenue (FY, 2019)$1.3 B(-13%)
Share Price (Sept 2020)$0 (-4%)
Cybersecurity ratingBMore

Key People/Management at Denbury Resources

Chris Kendall

Chris Kendall

Director, President and Chief Executive Officer
Mark C. Allen

Mark C. Allen

Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary
Anthony Abate

Anthony Abate

Director
David Sheppard

David Sheppard

Senior Vice President – Operations
Jim Matthews

Jim Matthews

Executive Vice President, Chief Administrative Officer, General Counsel and Secretary
Caroline Angoorly

Caroline Angoorly

Director
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Denbury Resources Office Locations

Denbury Resources has offices in Plano, Brentwood and Heidelberg
Plano, TX, US (HQ)
5320 Legacy Dr
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Denbury Resources Financials and Metrics

Denbury Resources Revenue

Denbury Resources's revenue was reported to be $1.27 b in FY, 2019
USD

Revenue (Q2, 2020)

117.9m

Net income (Q2, 2020)

(697.5m)

Market capitalization (23-Sept-2020)

122.1m

Closing stock price (23-Sept-2020)

0.0

Cash (30-Jun-2020)

209.3m

EV

2.5b
Denbury Resources's current market capitalization is $122.1 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

975.6m1.1b1.5b1.3b

Revenue growth, %

(22%)16%30%

Cost of goods sold

50.0m

Gross profit

1.4b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

497.2m466.7m514.2m601.4m576.5m645.1m601.8m600.4m573.7m194.8m255.1m254.0m275.5m261.2m266.6m353.2m387.1m395.0m305.5m343.4m315.5m242.2m117.9m

Sales and marketing expense

9.8m

General and administrative expense

31.2m37.1m43.8m30.9m28.9m36.6m34.8m38.2m41.9m33.9m22.5m24.6m28.2m25.8m27.3m20.2m19.4m21.6m18.9m17.5m18.3m9.7m23.8m

Operating expense total

31.2m37.1m43.8m30.9m28.9m47.3m47.4m38.2m51.7m475.2m858.8m293.1m233.0m236.5m280.3m299.6m347.4m300.9m341.9m17.5m18.3m9.7m23.8m
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Annual
USDY, 2009Y, 2010FY, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

20.6m381.9m381.9m18.7m18.7m98.5m98.5m12.2m23.2m2.8m1.6m58.0k38.6m516.0k

Accounts Receivable

114.1m164.4m82.0m78.3m157.0m87.1m45.2m27.0m18.3m

Inventories

Current Assets

864.3m684.1m1.5b414.6m812.7m344.7m181.1m202.3m296.3m180.6m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

67.5m86.3m127.9m121.8m24.4m77.4m28.1m24.0m62.3m26.5m7.9m12.0m19.4m6.0m4.4m12.2m8.3m2.5m3.3m1.7m3.5m57.0k85.0k116.0k66.7m5.7m341.0k514.0k6.9m209.3m

Accounts Receivable

120.1m103.3m138.0m153.0m176.7m150.4m170.5m149.1m92.1m83.9m72.7m66.0m85.4m139.9m98.9m118.5m87.2m70.7m45.0m55.7m60.4m55.3m43.6m44.8m43.5m28.6m28.5m27.9m41.5m34.4m

Current Assets

458.0m459.0m721.7m659.5m664.7m758.0m545.8m508.8m499.8m439.8m423.6m423.0m416.5m768.7m558.4m465.6m273.0m212.8m162.7m188.3m186.2m187.6m214.9m224.2m288.2m206.0m203.9m222.8m256.9m389.4m

PP&E

7.8b7.9b6.9b7.2b7.7b8.1b8.8b9.0b9.3b9.6b9.9b10.1b10.2b10.2b8.5b6.7b5.1b4.6b4.5b4.0b4.1b4.1b4.2b4.2b4.3b4.3b4.4b4.4b4.2b3.5b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

271.7m573.3m525.4m409.6m635.5m(4.4b)(976.2m)163.2m322.7m217.0m

Depreciation and Amortization

434.3m409.2m507.5m509.9m593.0m531.7m846.0m207.7m216.4m233.8m

Accounts Payable

48.5m(35.5m)5.8m91.8m501.0k(55.2m)(34.2m)(24.7m)13.0m(3.3m)

Cash From Operating Activities

855.8m1.2b1.4b1.4b1.2b864.3m219.2m267.1m529.7m494.1m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

232.3m261.4m(14.2m)245.1m520.7m113.5m211.9m410.7m87.6m319.6m58.3m3.1m271.9m(107.7m)(1.3b)(3.5b)(185.2m)(565.9m)(590.5m)21.5m35.9m36.4m39.6m69.8m148.2m(25.7m)121.0m193.9m74.0m(623.5m)

Depreciation and Amortization

211.1m322.7m93.6m197.1m299.1m120.9m132.3m390.1m112.9m365.4m141.1m289.3m435.9m150.0m297.9m419.3m77.4m143.9m198.9m51.2m102.3m154.4m52.5m105.4m156.7m57.3m115.6m170.6m96.9m152.3m

Accounts Payable

12.1m8.3m(90.4m)(48.5m)(65.4m)(32.9m)(30.1m)(33.3m)52.7m(52.6m)(36.2m)(7.2m)(83.2m)(71.9m)(53.1m)(53.5m)(71.8m)(57.8m)(23.9m)(26.6m)(22.7m)(19.8m)15.0m27.4m(36.0m)(33.3m)(33.2m)(72.6m)(60.3m)

Cash From Operating Activities

384.3m592.8m124.8m523.4m839.1m291.7m1.0b269.2m1.0b214.9m544.7m885.1m137.8m426.7m699.4m2.0m62.9m159.4m24.3m77.2m142.9m91.6m245.6m393.5m64.4m213.0m343.6m61.8m72.8m
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Denbury Resources Acquisitions / Subsidiaries

Company NameDateDeal Size
Penn Virginia CorporationOctober 30, 2018$1.70 b

Denbury Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about our premium products
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Denbury Resources Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Denbury Resources Online and Social Media Presence

Denbury Resources's Trends

Embed Graph

Denbury Resources Company Culture

  • Overall Culture

    C

    65/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    73/100

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Denbury Resources News and Updates

July 29, 2020

Denbury Resources files for pre-packaged Chapter 11 with plan to eliminate $2.1 billion of bond debt

Denbury Resources Inc. said Wednesday it has filed for Chapter 11 bankruptcy protection under a pre-packaged plan with its creditors that will enable it to eliminate $2.1 billion of bond debt. The Plano,Tx.-based oil and natural gas company said it has an agreement with debtholders that own 100% of…
July 20, 2020

Denbury Resources reports 'fraudulent' release of buyout deal to NYSE

Denbury Resources Inc. said Monday that the press release issued earlier regarding the buyout proposal it received was "fraudulent," and not issued by the company. "The company has no such proposal and has reported the fraudulent activity to the New York Stock Exchange," the company said in a state…
July 20, 2020

Denbury Resources Responds to Fraudulent Press Release

PLANO, Texas, July 20, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today confirmed that a press release issued earlier today regarding a purported acquisition proposal for Denbury was fraudulent and not issued by the Company.  The Company has received n…
March 06, 2020

Denbury Resources Receives Continued Listing Standard Notice From NYSE

PLANO, Texas, March 06, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that on March 5, 2020, it received formal notice from the New York Stock Exchange that the average closing price of the Company’s shares of common stock had fallen below…
March 05, 2020

Denbury Resources Closes Farm-Down of 50% of Its Working Interest in Four Texas Conventional Oil Fields

PLANO, Texas, March 05, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has closed the previously-announced farm-down transaction with a subsidiary of Navitas Petroleum (TASE: NVPT.L, “Navitas”) for the sale of half of its nearly 100…
February 13, 2020

Denbury Resources Announces Release Date for Fourth Quarter and Full-Year 2019 Results and Conference Call

PLANO, Texas, Feb. 12, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it will issue its fourth quarter and full-year 2019 financial and operating results prior to the market opening on Tuesday, February 25, 2020.  On the same day, the …
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 Denbury Resources Frequently Asked Questions

  • When was Denbury Resources founded?

    Denbury Resources was founded in 1999.

  • Who are Denbury Resources key executives?

    Denbury Resources's key executives are Chris Kendall, Mark C. Allen and Anthony Abate.

  • How many employees does Denbury Resources have?

    Denbury Resources has 806 employees.

  • What is Denbury Resources revenue?

    Latest Denbury Resources annual revenue is $1.3 b.

  • What is Denbury Resources revenue per employee?

    Latest Denbury Resources revenue per employee is $1.6 m.

  • Who are Denbury Resources competitors?

    Competitors of Denbury Resources include Carnarvon Petroleum, Barnwell Industries and Black Ridge Oil & Gas.

  • Where is Denbury Resources headquarters?

    Denbury Resources headquarters is located at 5320 Legacy Dr, Plano.

  • Where are Denbury Resources offices?

    Denbury Resources has offices in Plano, Brentwood and Heidelberg.

  • How many offices does Denbury Resources have?

    Denbury Resources has 4 offices.