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Denbury Resources Inc (DNR.N)

DNR.N on New York Stock Exchange

1.61USD
15 Dec 2017
Change (% chg)

$-0.01 (-0.62%)
Prev Close
$1.62
Open
$1.60
Day's High
$1.63
Day's Low
$1.60
Volume
5,939,057
Avg. Vol
1,620,037
52-wk High
$4.05
52-wk Low
$0.92

Latest Key Developments (Source: Significant Developments)

Denbury Announces Entry Into Note Exchange Agreements
Thursday, 30 Nov 2017 

Denbury Resources Inc ::DENBURY ANNOUNCES ENTRY INTO NOTE EXCHANGE AGREEMENTS.DENBURY RESOURCES INC - NEW SECOND LIEN NOTES WILL MATURE ON MARCH 31, 2022 AND WILL BEAR INTEREST AT A RATE OF 9.25% PER ANNUM PAYABLE IN CASH.DENBURY RESOURCES INC - NEW CONVERTIBLE NOTES WILL MATURE ON MARCH 31, 2024 AND WILL BEAR INTEREST AT A RATE OF 3.50% PER ANNUM PAYABLE IN CASH.DENBURY RESOURCES - NEW NOTES CONSIST OF ABOUT $382 MILLION IN PRINCIPAL AMOUNT OF NEW 9¼% SENIOR SECURED SECOND LIEN NOTES DUE 2022.DENBURY RESOURCES - NEW NOTES ALSO CONSIST ABOUT $85 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF NEW 3½% CONVERTIBLE SENIOR NOTES DUE 2024.DENBURY RESOURCES - EXCHANGE AGREEMENTS WITH HOLDERS OF ABOUT $610 MILLION OF ITS OUTSTANDING SENIOR SUBORDINATED NOTES DUE 2022 AND 2023.DENBURY RESOURCES INC - AGREEMENTS WITH HOLDERS TO EXCHANGE OLD NOTES FOR APPROXIMATELY $466 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF "NEW NOTES".DENBURY- ‍PURSUANT TO EXCHANGE AGREEMENTS, CO TO EXCHANGE NEW NOTES FOR ABOUT $364 MILLION OF ITS 2022 NOTES REDUCING OUTSTANDING 2022 NOTES TO $409 MILLION​.DENBURY- ‍PURSUANT TO EXCHANGE AGREEMENTS, CO TO EXCHANGE NEW NOTES FOR ABOUT $246 MILLION OF ITS 2023 NOTES REDUCING OUTSTANDING 2023 NOTES TO $377 MILLION​.  Full Article

Denbury reports Q3 production of 60,328 boed
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Denbury Resources Inc ::Denbury reports third quarter 2017 results; announces reaffirmation of $1.05 billion borrowing base.Q3 earnings per share $0.00.Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Q3 adjusted non-gaap earnings per share $0.04 excluding items.Denbury Resources Inc - ‍expect production to further increase in q4​.Denbury Resources Inc qtrly ‍revenues $266 million versus $246 million​.Denbury Resources - production for current quarter was reduced by about 2,000 boe/d due to hurricane harvey​.Denbury Resources - ‍production averaged 60,328 barrels of oil equivalent per day during q3 of 2017, up 1 pct (554 boe/d) from q2 of 2017​.Denbury Resources - 2017 capital budget, excluding acquisitions and capitalized interest, remains unchanged from previously estimated amount.Denbury Resources - ‍prior to Hurricane Harvey, co was on track to meet midpoint of 60,000 boe/d to 62,000 boe/d fy production outlook.Denbury Resources - ‍expects 2017 production to fall within, but in lower half of previous guidance range​.  Full Article

Denbury Q2 loss per share $1.03
Thursday, 4 Aug 2016 

Denbury Resources Inc : Denbury reports second quarter 2016 results . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q2 loss per share $1.03 . Q2 adjusted non-gaap earnings per share $0.08 . Q2 earnings per share view $0.02, revenue view $288.3 million -- Thomson Reuters I/B/E/S .Q2 revenue $305 million versus $498 million.  Full Article

Evolution Petroleum announces settlement of Denbury litigation
Wednesday, 29 Jun 2016 

Evolution Petroleum Corp : Evolution Petroleum announces settlement of Denbury litigation . Evolution Petroleum announces settlement of Denbury litigation . Evolution Petroleum Corp says pursuant to settlement agreement, evolution will receive a cash payment of $27.5 million on or prior to June 30, 2016 . Entered into a settlement agreement regarding its litigation with Denbury Onshore, Llc, a subsidiary of Denbury Resources . Parties also reached agreements on other contractual issues related to co's proportionate ownership of co 2 recycle facility . In addition, evolution will convey to Denbury approximately 0.2% of its overriding royalty interest effective as of july 1, 2016 . Substantial majority of cash settlement proceeds expected to be offset by existing net operating loss .Settlement further provides evolution access to certain geological, geophysical and technical information regarding delhi field.  Full Article

BRIEF-Denbury Announces Entry Into Note Exchange Agreements

* DENBURY RESOURCES INC - NEW SECOND LIEN NOTES WILL MATURE ON MARCH 31, 2022 AND WILL BEAR INTEREST AT A RATE OF 9.25% PER ANNUM PAYABLE IN CASH