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home / news releases / DEN - A Post-Restructuring Look At Denbury Resources

DEN - A Post-Restructuring Look At Denbury Resources

Denbury Inc.
  • Denbury appears to be trading around its fair valuation range now based on 2021 strip prices.
  • It has shed most of its debt and reduced its breakeven level to mid-$40s WTI oil.
  • Denbury is required to add additional hedges by the end of 2020.
  • Warrants probably need mid-$50s WTI oil to be in the money.

For further details see:

A Post-Restructuring Look At Denbury Resources
Stock Information
Company Name: Denbury Inc.
Stock Symbol: DEN
Market: NYSE
Website: denbury.com
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