Type
|
Public company |
---|---|
Traded as | NYSE: DNR S&P 600 component |
Industry | Petroleum industry |
Headquarters | Plano, Texas |
Key people
|
Christian S. Kendall, President & CEO |
Products | Petroleum Natural gas |
Production output
|
64 thousand barrels of oil equivalent (390,000 GJ) per day |
Revenue | $975 million (2016) |
Net income
|
-$976 million (2016) |
Total assets | $4.274 billion (2016) |
Total equity | $468 million (2016) |
Number of employees
|
1,058 (2016) |
Website | www |
Denbury Resources Inc. is a petroleum and natural gas exploration and production company headquartered in Plano, Texas.
The company extracts oil via enhanced oil recovery (tertiary recovery), which utilizes carbon dioxide to extract oil from fields that have been previously exploited.
The company's operations are focused in the Gulf Coast and Rocky Mountain regions.
As of December 31, 2016, Denbury had 254 million barrels of oil equivalent (1.55×10 GJ) of estimated proved reserves, of which 97.5% was petroleum and 2.5% was natural gas.
The company also has an estimated 1.3 trillion cubic feet of probable carbon dioxide reserves at Jackson Dome.
The company's largest producing property is the Cedar Creek Anticline in Montana and North Dakota, which accounted for 25% of daily production in 2016.
In March 1951, the company was incorporated in Manitoba as "Kay Lake Mines Limited (N.P.L.)".
In September 1984, the name of the company was changed to "Newscope Resources Limited".
In December 1985, the name of the company was changed to "Denbury Resources Inc."
In May 1997, the company became a public company via an initial public offering.
In 1998, the company acquired properties from Chevron Corporation for $202 million.
In August 1999, the company began its enhanced oil recovery operations with the acquisition of the Little Creek Field.
In 2001, the company acquired Matrix Oil & Gas for $138 million in cash and stock. The company also acquired the Jackson Dome carbon dioxide reserves and the NEJD Pipeline in Mississippi, providing a source of carbon dioxide and the related transportation infrastructure.
In 2009, the company sold its assets in the Barnett Shale.
In 2010, the company acquired Encore Acquisition Company in a $4.6 billion transaction.
In 2012, the company acquired Thompson Field in Fort Bend County, Texas for $360 million. The company also sold its acreage in the Bakken Formation to ExxonMobil for $1.6 billion.
In 2013, the company acquired fields in the Cedar Creek Anticline from ConocoPhillips for $1.05 billion.
In 2017, Christian S. Kendall was named chief executive officer of the company. The company also acquired assets in the Salt Creek Field of Wyoming from Linn Energy for $71.5 million.
2016-06-15 | Upgrade | Stifel Nicolaus | Sell to Hold | |
2016-04-26 | Initiated Coverage | KeyBanc | Overweight to Sector Weight | |
2016-04-26 | Initiated Coverage | KeyCorp | Overweight to Sector Weight | |
2016-03-31 | Reiterated Rating | Stifel Nicolaus | Sell | |
2016-02-22 | Downgrade | Johnson Rice | Accumulate to Hold | |
2016-02-22 | Lower Price Target | RBC Capital | Sector Perform | $2.50 to $1.50 |
2016-02-22 | Lower Price Target | Royal Bank Of Canada | Sector Perform | $2.50 to $1.50 |
2016-01-28 | Lower Price Target | Barclays | Equal Weight | $4.00 to $2.00 |
2016-01-28 | Lower Price Target | Barclays PLC | Equal Weight | $4.00 to $2.00 |
2016-01-21 | Lower Price Target | Nomura | $4.00 to $1.00 | |
2016-01-21 | Lower Price Target | Nomura Holdings Inc. | $4.00 to $1.00 | |
2016-01-19 | Lower Price Target | KLR Group | $8.00 to $4.00 | |
2016-01-11 | Upgrade | Cowen and Company | Underperform to Market Perform | $2.00 |
2015-12-22 | Lower Price Target | KeyBanc | $3.00 | |
2015-12-18 | Downgrade | Stifel Nicolaus | Hold to Sell | $1.50 |
2015-12-08 | Lower Price Target | Barclays | $6.00 to $4.00 | |
2015-10-21 | Lower Price Target | SunTrust | Neutral | $8.00 to $4.00 |
2015-10-21 | Lower Price Target | SunTrust Banks Inc. | Neutral | $8.00 to $4.00 |
2015-10-15 | Lower Price Target | KLR Group | $10.00 to $8.00 | |
2015-10-07 | Lower Price Target | BMO Capital Markets | $6.00 to $5.00 | |
2015-09-08 | Downgrade | Cowen and Company | Market Perform to Underperform | $6.00 to $3.00 |
2015-09-08 | Downgrade | Credit Suisse | Neutral to Underperform | |
2015-09-08 | Downgrade | Credit Suisse Group AG | Neutral to Underperform | |
2015-08-26 | Lower Price Target | KeyBanc | Overweight | $6.00 |
2015-08-06 | Lower Price Target | Cowen and Company | Outperform | $9.00 to $6.00 |
2015-08-06 | Lower Price Target | RBC Capital | Sector Perform | $10.00 to $8.00 |
2015-07-22 | Reiterated Rating | Credit Suisse | Neutral | $10.00 to $6.00 |
2015-07-14 | Reiterated Rating | KeyBanc | Buy | $11.00 to $7.00 |
2015-07-13 | Initiated Coverage | Cowen and Company | Outperform | $9.00 |
2015-06-03 | Boost Price Target | Barclays | Equal Weight | $5.00 to $6.00 |
2015-05-19 | Reiterated Rating | Goldman Sachs | Sell | |
2015-05-19 | Reiterated Rating | Goldman Sachs Group Inc. | Sell | |
2015-05-15 | Reiterated Rating | Robert W. Baird | Neutral | $7.00 to $8.00 |
2015-05-12 | Reiterated Rating | SunTrust | Neutral | $9.00 to $8.00 |
2015-05-10 | Reiterated Rating | RBC Capital | Sector Perform | $9.00 to $10.00 |
2015-04-22 | Initiated Coverage | Nomura | Reduce | $9.00 |
2015-04-15 | Initiated Coverage | Goldman Sachs | Sell | $6.00 |
2015-01-14 | Lower Price Target | Barclays | Equal Weight | $8.00 to $5.00 |
2015-01-06 | Downgrade | Raymond James | Underperform | |
2015-01-06 | Downgrade | Raymond James Financial Inc. | Underperform | |
2014-12-16 | Lower Price Target | Barclays | Equal Weight | $11.00 to $8.00 |
2014-12-15 | Upgrade | KLR Group | Accumulate to Buy | $13.00 |
2014-11-28 | Downgrade | Ladenburg Thalmann | Buy to Neutral | $16.00 to $10.00 |
2014-11-20 | Downgrade | Barclays | Overweight to Equal Weight | $15.00 to $11.00 |
2014-11-19 | Reiterated | UBS | Neutral | $15 to $10 |
2014-11-19 | Downgrade | Wunderlich | Buy to Hold | $22.00 to $11.00 |
2014-11-17 | Downgrade | Stifel Nicolaus | Neutral | $18.00 |
2014-11-17 | Downgrade | Credit Suisse | Outperform to Neutral | $18.00 to $16.00 |
2014-11-17 | Downgrade | Sterne Agee CRT | Buy to Neutral | $18.00 |
2014-11-07 | Reiterated Rating | Barclays | Overweight | $18.00 to $15.00 |
2014-10-27 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2014-10-22 | Reiterated Rating | Wunderlich | Buy | $24.00 to $22.00 |
2014-10-09 | Reiterated Rating | Barclays | Overweight | $24.00 to $18.00 |
2014-10-09 | Reiterated Rating | KeyBanc | Buy | $23.00 to $20.00 |
2014-10-09 | Downgrade | Robert W. Baird | Outperform to Neutral | $19.00 to $16.00 |
2014-09-18 | Downgrade | RBC Capital | Outperform to Sector Perform | $20.00 to $19.00 |
2014-08-08 | Reiterated Rating | Citigroup Inc. | Neutral | $17.90 to $17.60 |
2014-07-23 | Boost Price Target | Barclays | $20.00 to $24.00 | |
2014-07-09 | Boost Price Target | SunTrust | $17.00 to $19.00 | |
2014-05-22 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $21.50 to $21.00 |
2014-04-23 | Reiterated Rating | Barclays | Overweight | $20.00 |
2014-04-01 | Boost Price Target | SunTrust | $17.00 to $18.00 | |
2014-03-28 | Lower Price Target | Cowen and Company | $22.00 to $20.00 | |
2014-02-13 | Lower Price Target | Stifel Nicolaus | Buy | $25.00 to $21.00 |
2014-02-12 | Reiterated Rating | Wunderlich | Buy | |
2014-02-03 | Lower Price Target | Barclays | $22.00 to $21.00 | |
2014-01-30 | Downgrade | Goldman Sachs | Neutral to Sell | $16.04 to $17.00 |
2014-01-09 | Downgrade | SunTrust | Buy to Neutral | |
2013-12-11 | Initiated Coverage | KLR Group | Accumulate | |
2013-11-25 | Downgrade | Susquehanna | Positive to Neutral | |
2013-11-13 | Downgrade | Raymond James | Outperform to Market Perform | |
2013-11-12 | Reiterated Rating | SunTrust | Buy | $25.00 to $23.00 |
2013-10-02 | Boost Price Target | SunTrust | Buy | $23.00 to $25.00 |
2013-09-24 | Initiated Coverage | Howard Weil | Sector Outperform to Outperform | $28.00 |
2013-09-24 | Initiated Coverage | Goldman Sachs | Neutral | |
2012-09-24 | Reiterated | Wunderlich | Buy | $18 to $22 |
2011-04-06 | Reiterated | Stifel Nicolaus | Buy | $24 to $30 |
2011-02-24 | Reiterated | Dahlman Rose | Buy | $20 to $27 |
2010-07-02 | Initiated | CapitalOne southcoast | Add | $21 |
2010-03-09 | Upgrade | Dahlman Rose | Hold to Buy | $20 |
2010-03-01 | Upgrade | KeyBanc Capital Mkts | Hold to Buy | $19 |
2009-08-25 | Downgrade | UBS | Buy to Neutral | |
2009-06-04 | Downgrade | Argus | Buy to Hold | |
2009-05-14 | Reiterated | Credit Suisse | Neutral | $16 to $14 |
2009-03-19 | Initiated | Dahlman Rose | Hold | |
2009-03-16 | Downgrade | Credit Suisse | Outperform to Neutral |
2016-06-15 | Upgrade | Stifel Nicolaus | Sell to Hold | |
2016-04-26 | Initiated Coverage | KeyBanc | Overweight to Sector Weight | |
2016-04-26 | Initiated Coverage | KeyCorp | Overweight to Sector Weight | |
2016-03-31 | Reiterated Rating | Stifel Nicolaus | Sell | |
2016-02-22 | Downgrade | Johnson Rice | Accumulate to Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In DNR 0 funds of 2213 total. Show all
Fund name | Ticker shares |
---|
Name Relationship | Total Shares | Holding stocks |
---|---|---|
GREENE RONALD G | 1.00% (3522381) | DNR / |
RYKHOEK PHIL Chief Executive Officer | 0.44% (1543048) | DNR / |
Kendall Christian S Chief Operating Officer | 0.42% (1496781) | DNR / NBL / |
ALLEN MARK C Sr. VP/Chief Financial Officer | 0.35% (1242479) | DNR / |
Rhoades Alan VP & Chief Accounting Officer | 0.12% (431058) | DNR / |
Matthews James S. VP, General Counsel & Sec\'y | 0.12% (421925) | DNR / |
Cornelius Robert L SVP, Comm Dev/Govt/Proj Mnt | 0.08% (275630) | DNR / |
DECKER MICHAEL B | 0.07% (261934) | DNR / |
WETTSTEIN WIELAND | 0.07% (260303) | DNR / |
STEIN RANDY I | 0.07% (230852) | BBG / DNR / |
McPherson Kenneth Craig SVP, COO | 0.06% (225626) | DNR / |
Dielwart John | 0.05% (192325) | DNR / TESO / |
Meyers Kevin Omar | 0.05% (178941) | BBG / DNR / HES / HOS / |
Gibson Charles SVP, Planning/Tech/CO2 Supply | 0.05% (171214) | DNR / MHR / |
McMichael Greg | 0.04% (145290) | DNR / |
SUGG LAURA A | 0.04% (128341) | DNR / MUR / WMB / |
BEATTY MICHAEL L | 0.03% (105780) | DNR / MPLX / MWE / |
Kerr Brad SVP - Plan, Tech, CO2 S&P | 0.03% (93197) | DNR / |
Peterson Lynn A | 0.02% (71911) | DNR / KOG / SYRG / WLL / |