Denbury (DEN) Misses Q4 EPS by 3c
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Denbury Inc. (DEN) PT Raised to $100 at Stifel
February 24, 2022 10:25 AM ESTStifel analyst Michael Scialla raised the price target on Denbury Inc. (NYSE: DEN) to $100.00 (from $98.00) while maintaining a Buy rating.
The analyst commented, "We view the release as slightly positive. The positives included: i) four new agreements are advancing DEN's emerging CCS... More
Denbury (DEN) Announces 2022 Capital Plan and Production Guidance
February 24, 2022 6:33 AM ESTDenbury Inc. (NYSE: DEN) today announced its 2022 capital budget range for oil and natural gas development expenditures of $290 million to $320 million; at the midpoint comprised of $115 million for continuation of the Cedar Creek Anticline (CCA) EOR development and $190 million for other tertiary and non-tertiary oil-focused development projects, capitalized internal costs and CO2 sources and pipelines. This compares to total oil and natural gas development expenditures of $252 million in 2021, of which $123 million was invested in the CCA EOR development and $129 million in other tertiary and non-tertiary oil-focused development projects, capitalized internal costs and CO2 sources... More
