| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | November 9, 2023 |
| Accession Number: | 0001193125-23-269454 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | November 9, 2023 |
| Accession Number: | 0001193125-23-269454 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/28/2023 | $91.00 | Buy → Hold | Jefferies |
| 8/17/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 7/24/2023 | $140.00 → $86.00 | Buy → Hold | Stifel |
| 7/21/2023 | Accumulate → Hold | Johnson Rice | |
| 6/15/2023 | $96.00 | Neutral | JP Morgan |
| 12/15/2022 | $73.00 | Underperform | BofA Securities |
| 11/22/2022 | $103.00 → $108.00 | Neutral → Buy | ROTH Capital |
| 10/25/2022 | $87.75 → $103.00 | Buy → Neutral | ROTH Capital |
SC 13G/A - DENBURY INC (0000945764) (Subject)
SC 13G/A - DENBURY INC (0000945764) (Subject)
SC 13G/A - DENBURY INC (0000945764) (Subject)
Denbury Inc. (NYSE:DEN) ("Denbury" or the "Company") today released its second quarter 2023 results. As a result of the Company's pending merger with Exxon Mobil Corporation ("ExxonMobil"), Denbury will not be hosting a webcast / conference call, which had previously been scheduled to take place tomorrow, August 4, nor posting supplemental materials regarding its quarterly results or future outlook. KEY 2Q HIGHLIGHTS Second quarter 2023 net cash provided by operating activities totaled $142 million, and adjusted cash flows from operations(1) totaled $129 million. Capital expenditures, excluding capitalized interest, totaled $132 million, and equity invest
Denbury Inc. (NYSE:DEN) ("Denbury" or the "Company") today announced it will release its financial and operational results for the second quarter of 2023 after the close of U.S. financial markets on Thursday, August 3rd. The Company will host a live webcast to review its results on Friday, August 4th, at 11:00 a.m. CDT. Denbury's earnings release, supplemental materials, and webcast will be accessible on its Investor Relations website at investors.denbury.com. A webcast replay will be accessible on the same website shortly after the live event. About Denbury Denbury is an independent energy company with operations and assets focused on Carbon Capture, Utilization, and Storage ("CCUS")
Denbury Inc. (NYSE:DEN) ("Denbury" or the "Company") today announced it will release its financial and operational results for the first quarter of 2023 after the close of U.S. financial markets on Wednesday, May 3rd. The Company will host a live webcast to review its results on Thursday, May 4th, at 11:00 a.m. CDT. Denbury's earnings release, supplemental materials, and webcast will be accessible on its Investor Relations website at investors.denbury.com. A webcast replay will be accessible on the same website shortly after the live event. About Denbury Denbury is an independent energy company with operations and assets focused on Carbon Capture, Utilization, and Storage ("CCUS") and
PLANO, Texas, April 26, 2021 (GLOBE NEWSWIRE) -- In order to further advance the Company's strategic vision and direction for its Carbon Capture, Use and Storage (CCUS) business, Denbury Inc. (NYSE:DEN) ("Denbury" or the "Company") today announced the appointment of Nikulas Wood as Senior Vice President. Mr. Wood will head the Denbury Carbon Solutions team and report directly to Denbury Chief Executive Officer, Chris Kendall. The Denbury Carbon Solutions team was formed in January 2020 to advance Denbury's leadership in the anticipated high-growth CCUS industry, leveraging the Company's unique capabilities and assets that were developed over the last 20-plus years through its focus on CO2
PLANO, Texas, March 16, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced the appointment of Cindy A. Yeilding to its Board of Directors (“Board”) effective March 16, 2021. Ms. Yeilding brings extensive energy and technical expertise to Denbury’s Board, including a deep understanding of the emerging Carbon Capture, Use, and Storage (“CCUS”) industry. Ms. Yeilding will serve as a member of the Board’s Sustainability Committee and Nominating/Corporate Governance Committee. Following Ms. Yeilding’s appointment, the Board will be comprised of eight directors, seven of whom are independent. “We are thrilled to have Cindy join the Denbury Board
Jefferies downgraded Denbury from Buy to Hold and set a new price target of $91.00
KeyBanc Capital Markets downgraded Denbury from Overweight to Sector Weight
Stifel downgraded Denbury from Buy to Hold and set a new price target of $86.00 from $140.00 previously
4 - DENBURY INC (0000945764) (Issuer)
4 - DENBURY INC (0000945764) (Issuer)
4 - DENBURY INC (0000945764) (Issuer)
15-12G - DENBURY INC (0000945764) (Filer)
10-Q - DENBURY INC (0000945764) (Filer)
NT 10-Q - DENBURY INC (0000945764) (Filer)
Within the last quarter, Denbury (NYSE:DEN) has observed the following analyst ratings: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 1 0 0 These 4 analysts have an average price target of $91.5 versus the current price of Denbury at $90.58, implying upside. Below is a summary of how these 4 analysts rated Denbury over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock This current average represents a 19.03% decrease from
Upgrades According to B of A Securities, the prior rating for Futu Holdings Ltd (NASDAQ:FUTU) was changed from Underperform to Buy. In the second quarter, Futu Hldgs showed an EPS of $1.09, compared to $0.61 from the year-ago quarter. The stock has a 52-week-high of $72.20 and a 52-week-low of $28.01. At the end of the last trading period, Futu Hldgs closed at $51.06. According to Truist Securities, the prior rating for Apartment Income REIT Corp (NYSE:AIRC) was changed from Hold to Buy. In the second quarter, Apartment Income REIT showed an EPS of $0.58, compared to $0.66 from the year-ago quarter. At the moment, the stock has a 52-week-high of $43.70 and a 52-week-low of $32.51. Apartme
Jefferies analyst Lloyd Byrne downgrades Denbury (NYSE:DEN) from Buy to Hold and announces $91 price target.
OVERLAND PARK, KS / ACCESSWIRE / November 2, 2023 / TortoiseEcofin today announced that Denbury Inc. (NYSE:DEN) will be removed from the Tortoise Recycling Decarbonization IndexSM (RCYCL) and the Tortoise Recycling Decarbonization UCITSSM Index (RECYCLE), as a result of the approved acquisition by Exxon Mobil Corp (NYSE:XOM). Due to the acquisition, DEN will be removed from both indices at market open on Friday, November 3, 2023.As per index methodology, special rebalancing is not required for either of the indices and the deleted constituent's weight will be distributed pro-rata to remaining index constituents.About TortoiseEcofinTortoiseEcofin focuses on essential assets - those assets and
Exxon Mobil Corporation (NYSE:XOM) today announced it has closed its acquisition of Denbury Inc. (NYSE:DEN) in an all-stock transaction valued at $4.9 billion, or $89.45 per share, based on ExxonMobil's closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. "This transaction is a major step forward in the profitable growth of our Low Carbon Solutions business," Chairman and CEO Darren Woods said. "Our expertise, combined with Denbury's talent and CO2 pipeline network, expands our low-carbon leadership and best positions us to meet the decarbonization needs of industrial customers while also redu
Denbury Inc. (NYSE:DEN) ("Denbury") today announced that, at its Special Meeting of Stockholders held earlier today, Denbury stockholders voted to approve its merger with Exxon Mobil Corporation ("ExxonMobil") (NYSE:XOM). As previously announced, under the terms of the merger agreement, ExxonMobil will acquire all of the outstanding shares of Denbury at an exchange ratio of 0.84 shares of ExxonMobil for each Denbury share. According to preliminary results, Denbury stockholders approved the transaction with more than 75% of the total shares outstanding and 99% of the shares voted in support of the merger. The final voting results of Denbury's Special Meeting will be reported in a Form 8-K