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DEN - Denbury Resources: Carbon Solutions Business May Provide Significant Upside
June, 17 2022 10:19 PM
Denbury Inc.
Denbury has a minimal amount of net debt and may be able to generate over $300 million in positive cash flow in 2022. Hedges should have significantly less negative impact in 2023. Denbury's upstream business alone should be worth close to its current share price in a long-term mid-to-high $60s WTI oil environment. It continues to make progress with its Carbon Solutions business. For further details see:
Denbury Resources: Carbon Solutions Business May Provide Significant Upside
Stock Information
Company Name:
Denbury Inc.
Stock Symbol:
DEN
Market:
NYSE
Website:
denbury.com
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