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DEN

83.97USD-2.40(-2.78%)Market Closed

Denbury Inc.

Market Summary

USD83.97-2.40Market Closed
-2.78%

DEN Stock Price

RSI Chart

Valuation

Market Cap

4.6B

Price/Earnings

12.95

Price/Sales

2.9

Price/Cashflow

11.21

MarketCap/EBT

12.28

Price/Sales

Profitability

EBT Margin

23.61%

Return on Equity

28.21%

Return on Assets

16.74%

Fundamentals

Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

59.99%

Revenue Q/Q

17.07%

Earnings

Earnings (TTM)

358.0M

Earnings Y/Y

300.13%

Earnings Q/Q

17.9K%

Price Action

52 Week Range

104.05
(Low)(High)

Last 7 days

-1.4%

Last 30 days

-6.6%

Last 90 days

-0.5%

Trailing 12 Months

12.3%

Financial Health

Current Ratio

0.52

Debt/Equity

0.03

Debt/Cashflow

11.82

Investor Care

Buy Backs (1Y)

0.77%

Diluted EPS (TTM)

6.63

Peers (Alternatives to Denbury)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
5.96% -8.87%
23.61
5.98
7.79% 5.41%
1.8T
203.1B
13.33% -21.82%
25.2
8.66
15.22% 2.81%
1.3T
282.1B
15.19% -29.93%
18.7
4.44
17.94% -5.14%
960.3B
502.2B
0.03% -46.30%
84.81
1.91
9.66% -56.89%
MID-CAP
2.5B
8.6B
5.53% -41.10%
-5.69
0.31
76.30% -20.89%
SMALL-CAP
1.9B
628.4M
22.83% -47.71%
-4.08
3.1
64.35% -18.14%
1.9B
1.6B
-1.30% 23.47%
12.45
1.23
81.91% 208.48%
1.5B
-
31.31% -56.76%
-0.54
1.95
-4.11% -144.36%
1.4B
40.0M
-9.80% -71.75%
-1.84
34.64
34.91% -55.12%
1.0B
247.8M
7.17% -13.23%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
6.58% -29.93%
-153.63
2.47
51.09% -102.33%
988.1M
439.7M
-1.58% -78.81%
-2.97
2.13
-5.64% -199.38%
861.5M
1.2B
10.79% -44.94%
2.31
0.73
7.66% 583.60%
551.2M
2.2M
-12.32% -70.02%
-1.55
343.43
-72.60% -50.32%

Financials for Denbury

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue12.7%1,6001,4191,2581,1171,031
  S&GA Expenses5.7%7066798289
Earnings Before Taxes216.6%37811957-117.95-268.08
Net Income186.9%35812556-115.29-263.99
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets5.3%2,1392,0311,9031,8121,750
  Current Assets15.4%282244175178191
    Cash Equivalents0%114214
  Net PPE4.4%1,6681,5981,5421,4451,362
  Current Liabilities1.9%539529407495494
  Long Term DebtInfinity%35-35--
    LT Debt, Non Current-100.0%-3535--
Shareholder's Equity11.5%1,2691,1381,1351,013927
  Retained Earnings3477.1%16045-115.29-197.99
  Additional Paid-In Capital0.4%1,1381,1331,1301,1281,125
Accumulated Depreciation14.1%240211181152120
Shares Outstanding0.3%52525151-
Float-3,840----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations16.7%414355317288245
  Share Based Compensation14.6%1211253138
Cashflow From Investing-27.7%-331.46-259.48-202.93-120.12-75.55
Cashflow From Financing0.0%-94.65-94.68-106.13-214.41-216.74
  Buy BacksInfinity%470
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on DEN?

98.8%


Probability that Denbury stock will be more than 20% underwater in next one year

75%


Probability that Denbury stock will be more than 30% underwater in next one year.

61.9%


Probability that Denbury stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DEN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Denbury was unfortunately bought at previous high price.

Returns

Cumulative Returns on DEN

19.1%


10-Year Cumulative Returns

63.3%


7-Year Cumulative Returns

118.4%


5-Year Cumulative Returns

337.7%


3-Year Cumulative Returns

What are the long-term rolling returns for DEN?

FIve years rolling returns for Denbury.

Which funds bought or sold DEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
19,000
19,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
467,000
467,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
1,571,000
5,446,000
0.01%
2022-11-17
Telemetry Investments, L.L.C.
REDUCED
-78.31
-475,000
216,000
0.28%
2022-11-16
Neo Ivy Capital Management
SOLD OFF
-100
-1,000
-
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-32,000
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-14.6
10,473,000
56,401,000
0.03%
2022-11-15
Neuberger Berman Group LLC
ADDED
3.59
21,578,000
65,664,000
0.07%
2022-11-15
ADVISORY RESEARCH INC
REDUCED
-31.4
-958,000
69,909,000
6.83%
2022-11-15
STATE STREET CORP
REDUCED
-14.2
31,227,000
164,805,000
0.01%

1–10 of 42

Latest Funds Activity

Are funds buying DEN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own DEN

Denbury News

InvestorsObserver

What do the Fundamentals Predict for Denbury Inc (DEN) Stock?.29 hours ago

DEN Fair Value

Recent SEC filings of Denbury

View All Filings
Date Filed Form Type Document
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for DEN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-06-01
Sheppard David E
ACQUIRED
-
-
1,672
EVP and COO
2022-03-07
Peterson Lynn A
ACQUIRED
-
-
2,119
-
2022-03-07
Jennings Nicole H.
ACQUIRED
-
-
2,402
Vice President and CAO
2022-03-07
Matthews James S.
ACQUIRED
-
-
4,747
EVP, CAO, GC & Sec'y
2022-03-07
CHAPMAN JAMES N
ACQUIRED
-
-
2,119
-
2022-03-07
Angoorly Caroline
ACQUIRED
-
-
2,119
-
2022-03-07
ABATE ANTHONY
ACQUIRED
-
-
2,119
-
2022-03-07
Yeilding Cindy A
ACQUIRED
-
-
2,119
-
2022-03-07
ALLEN MARK C
ACQUIRED
-
-
9,745
Executive VP & CFO
2022-03-07
Kendall Christian S
ACQUIRED
-
-
22,907
President and CEO

1–10 of 50

Christian S. Kendall
720
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. It holds interests in various oil and natural gas properties located in Mississippi, Texas, and Louisiana in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2019, the company had 230.2 million barrels of oil equivalent of estimated proved oil and natural gas reserves. Denbury Resources Inc. was incorporated in 2003 and is headquartered in Plano, Texas.

DEN Income Statement

2022-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and other income$ 439,487,000$ 343,735,000$ 1,333,502,000$ 896,262,000
Expenses    
Taxes other than income33,789,00024,154,000101,487,00065,499,000
General and administrative expenses21,071,00015,388,00058,998,00062,821,000
Interest, net of amounts capitalized of $1,044, $1,249, $3,177 and $3,500, respectively909,000669,0003,092,0003,457,000
Depletion, depreciation, and amortization37,680,00037,691,000108,425,000113,522,000
Commodity derivatives expense(109,248,000)41,745,000140,325,000330,152,000
Write-down of oil and natural gas properties00014,377,000
Other expenses2,726,0004,553,00011,459,0009,913,000
Total expenses147,743,000260,624,000868,793,000961,026,000
Income (loss) before income taxes291,744,00083,111,000464,709,000(64,764,000)
Income tax provision (benefit)41,321,000403,00059,664,000(135,000)
Net income (loss)$ 250,423,000$ 82,708,000$ 405,045,000$ (64,629,000)
Net income (loss) per common share    
Basic$ 4.89$ 1.62$ 7.86$ (1.27)
Diluted$ 4.66$ 1.51$ 7.43$ (1.27)
Weighted average common shares outstanding    
Basic51,18251,09451,51250,807
Diluted53,71554,71454,52450,807
Other income    
Revenues and other income$ 8,015,000$ 10,451,000$ 9,055,000$ 11,518,000
Transportation and marketing    
Operating expenses5,191,0005,985,00014,638,00022,304,000
Oil, natural gas, and related product sales    
Revenues and other income395,223,000308,454,0001,232,104,000826,607,000
Operating expenses134,464,000116,536,000376,643,000308,731,000
CO2    
Revenues and other income18,586,00012,237,00044,618,00031,599,000
Operating expenses2,066,0001,963,0006,564,0004,487,000
Oil marketing    
Revenues and other income17,663,00012,593,00047,725,00026,538,000
Operating expenses$ 19,095,000$ 11,940,000$ 47,162,000$ 25,763,000

DEN Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 519$ 3,671
Accrued production receivable176,249143,365
Trade and other receivables, net19,03519,270
Oil derivative contracts - current assets26,7820
Prepaids27,0609,099
Total current assets249,645175,405
Oil and natural gas properties (using full cost accounting)  
Proved properties1,325,8661,109,011
Unevaluated properties192,784112,169
CO2 properties187,690183,369
Pipelines219,090224,394
CCUS storage sites and related assets32,3480
Other property and equipment102,62793,950
Less accumulated depletion, depreciation, amortization and impairment(270,593)(181,393)
Net property and equipment1,789,8121,541,500
Operating lease right-of-use assets17,06519,502
Derivative assets9,0480
Intangible assets, net81,41088,248
Restricted cash for future asset retirement obligations47,63346,673
Other assets48,71831,625
Total assets2,243,3311,902,953
Current liabilities  
Accounts payable and accrued liabilities259,015191,598
Oil and gas production payable89,31175,899
Derivative liabilities33,868134,509
Operating lease liabilities4,3924,677
Total current liabilities386,586406,683
Long-term liabilities  
Long-term debt, net of current portion15,00035,000
Asset retirement obligations301,764284,238
Derivative liabilities0 
Deferred tax liabilities, net54,9401,638
Operating lease liabilities14,72617,094
Other liabilities17,43822,910
Total long-term liabilities403,868360,880
Commitments and contingencies (Note 9)
Stockholders' equity  
Preferred stock, $.001 par value, 50,000,000 shares authorized, none issued and outstanding00
Common stock, $.001 par value, 250,000,000 shares authorized; 49,793,270 and 50,193,656 shares issued, respectively5050
Paid-in capital in excess of par1,042,4381,129,996
Retained earnings410,3895,344
Total stockholders' equity1,452,8771,135,390
Total liabilities and stockholders' equity$ 2,243,331$ 1,902,953