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DNR News and Press, Denbury Resources Inc. From 01/06/20

Stock Information

Company Name: Denbury Resources Inc.
Stock Symbol: DNR
Market: NYSE
Website: denbury.com

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DNR - U.S. E&P Debt 2020, Part 1: Borrowing Base Reviews, Maturities And The Search For Holes In The Wall

Introduction Those readers who are Wild West history buffs will undoubtedly know the story of the "Hole in the Wall Gang," actually several distinct bands of robber outlaws in the late 1800s and early 1900s that included Butch Cassidy and his Wild Bunch gang (including The Sundance Kid). The...

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DNR - Why Oil Stocks Are On Fire Today

The U.S. military executed a drone strike against one of Iran's top military leaders in Iraq. The move sparked fears that it would further escalate tensions in the Middle East, which could disrupt the flow of oil out of the region.  Crude prices shot up on the news. The U.S. oil benchma...

DNR - Denbury Resources: The Sale Of Some Texas Assets

Denbury Resources (DNR) sold half of its working interest in four oil fields for $42 million in net proceeds. This appears to be for a relatively decent multiple of cash flow. Combined with around $60 WTI oil, that would give Denbury around $200 million (based on 2020 estimated cash flow plu...

DNR - Denbury Resources to farm down 50% stakes in four Texas oilfields

Denbury Resources ( DNR -1.5% ) agrees to sell half of its nearly 100% working interest position in four southeast Texas oil fields to Israel's Navitas Petroleum for $50M in cash and a carried interest in 10 wells to be drilled by Navitas. More news on: Denbury Resources Inc., Energy s...

DNR - Denbury Resources to Farm-Down 50% of Its Working Interest in Four Texas Conventional Oil Fields to Navitas Petroleum for $50 Million; Transaction to Accelerate Conventional Drilling Opportunities Within Those Fields

PLANO, Texas, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has entered into a definitive agreement with a subsidiary of Navitas Petroleum (TASE: NVPT.L, “Navitas”) to sell ...

DNR - Best Penny Stocks To Buy Before January? 1 Up 332% This Quarter

These Penny Stocks Are On A Roll Right Now When it comes to finding the best penny stocks to buy , you really have to consider your personal approach to the stock market. Are you a day-trader, do you prefer swing trading, do you scalp trades, or are you a true investor? All of these have defi...

DNR - Denbury Resources: More Cost Cutting And Debt Reduction

Denbury Resources ( DNR ) has continued to make incrementally positive moves, including exchanging shares and cash for outstanding subordinated debt and cutting costs. Oil prices have also improved, helping the company's projected 2020 results, although it could also use a $5 further increase ...

DNR - E&P Q3 Recap And Outlook: From Bad To Worse To 'Worser'

"I cannot hate thee worser than I do..." - William Shakespeare, Antony and Cleopatra I know, right? What better way to start out an article on a review of the E&P sector than by referencing a quote from Shakespeare? I can see many readers already shaking their heads: "Worser" is not ev...

DNR - Oil Stocks: What I Got Right (and Wrong) About the Oil Market in 2019

Toward the end of each year, analysts and market watchers make bold predictions about what they believe will transpire over the next 12 months. More often than not, these are "set and forget" proclamations since few prognosticators go back and review them for accuracy at the end of the year. I,...

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