DNR News and Press, Denbury Resources Inc. From 04/08/20

Market-traded companies, such as Abbott Laboratories (NYSE: ABT ), Danaher Corporation (NYSE: DNR ), and Thermo Fisher Scientific ( TMO ), may have an important role to play in helping the U.S. to survive the COVID-19 (aka coronavirus) crisis. Emergency Use Authorization (EUA) allows USFDA t...

Denbury Resources ( DNR -1.9% ) has hired investment bank Evercore to advise on managing its $2.3B debt pile , although a debt restructuring is not imminent, Reuters reports. More news on: Denbury Resources Inc., Energy stocks news, Read more ...

Anyone who tried to sell short into the recent crude oil rally prompted by Donald Trump alluding to a 10 million barrel per day ("mmpd") coordinated cut to oil production has, at least for now, been run over by rampant market optimism. While many tend to levy criticism at Donald Trump and hi...

These 4 Penny Stocks Are Gaining Interest This Week One of the biggest drivers of penny stocks has been news. It might be general market news, company news, or even sector news. But usually, when you see penny stocks moving fiercely, there’s likely a headline that you can point to. Ri...

Denbury Resources (NYSE: DNR ) says it will reduce its previously planned 2020 capital budget by ~$80M , or 44%, to $95M-$105M in response to sharply lower oil prices and uncertainty over the impact of the coronavirus. More news on: Denbury Resources Inc., Energy stocks news, Read mor...

Actions to Preserve and Enhance Liquidity Include: -   Reducing 2020 Capital Budget by $80 Million, or 44% -   Deferring Cedar Creek Anticline Development Project -   Restructuring Hedges Intention to Seek Stockholder Approval of Reverse Stock Split ...

Denbury Resources ( DNR ) is another oil producer that is in deep trouble with the current oil price crash. I had discussed before how Denbury probably needed low-$60s WTI oil to help with its refinancing outlook. An extended spell of $20s or $30s oil will cause Denbury to tap its credit fac...

The coronavirus outbreak and the effects of COVID-19 have gone deeper and wider than most people would have expected. That applies just as much to markets as anywhere. Whether it's a tech sector that is supporting our new work from home or re-rating as expensive EV/Sales multiples make less se...

Plunging oil prices and the economic impact of the coronavirus could prompt a potential wave of debt restructurings and bankruptcies , especially in the energy and services sectors, analysts say. More news on: Oasis Petroleum Inc., Chesapeake Energy Corporation, Whiting Petroleum Corporat...

It must have taken all of 2 minutes for the news outlets and associated vehicles to pronounce Chesapeake Energy ( CHK ) on the intensive care list with a really poor outcome. The reality of the situation is not quite that simple though. The fact is that the current panic in the oil market is...