16 Feb 2016substantial holder notice● Neutral
SailingStone Capital Partners LLC, RS Global Natural Resources Fund reported a DENBURY INC shareholding of 41,780,005 shares (11.70% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Feb 2016substantial holder notice● Neutral
Capital Research Global Investors ** disclosed a new substantial DENBURY INC shareholding (9.30% of votes).
11 Feb 2016substantial holder notice● Neutral
The Vanguard Group reported a DENBURY INC shareholding of 24,832,022 shares (6.98% of votes) in a periodic institutional filing.
10 Feb 2016substantial holder notice● Neutral
BlackRock, Inc reported a DENBURY INC shareholding of 25,033,282 shares (7.10% of votes) in a periodic institutional filing.
2 Feb 2016substantial holder notice● Neutral
Artisan Partners Limited Partnership, Artisan Investments GP LLC, Artisan Partners Holdings LP, Artisan Partners Asset Management Inc., Artisan Partners Funds, Inc. reported a DENBURY INC shareholding of 21,550,545 shares (6.10% of votes) in a periodic institutional filing.
6 Nov 2015quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $303.6 million and a net loss of $2244.1 million for the period ended 2015-09-30.
5 Nov 2015quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $303.6 million and a net loss of $2244.1 million for the period ended 2015-09-30.
6 Oct 2015substantial holder notice● Neutral
SailingStone Capital Partners LLC, RS Global Natural Resources Fund disclosed a new substantial DENBURY INC shareholding (10.40% of votes).
21 Sept 2015dividend declaration▼ BadMajor
Denbury suspended its $0.0625 quarterly dividend starting with the fourth quarter of 2015, ending the run of payments seen since at least January 2014; the September 29 payment will still be made. The company says this frees about $22 million per quarter ($88 million a year) and cites the low oil price environment and a wish to keep financial strength. The board also reinstated its share buyback program, suspended since November 2014, with about $222 million still authorized and no requirement to use it. The CEO said a dividend is expected to return in future but the timing is uncertain and likely depends on oil prices.
6 Aug 2015quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $376.7 million and a net loss of $1148.5 million for the period ended 2015-06-30.
5 Aug 2015quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $376.7 million and a net loss of $1148.5 million for the period ended 2015-06-30.
28 July 2015dividend declaration● Neutral
The board declared a quarterly dividend of $0.0625 per share, payable 29 September 2015 to holders of record on 25 August 2015. This turned out to be the last dividend before the suspension announced on 21 September 2015.
9 July 2015substantial holder notice● Neutral
Capital World Investors ** reported a DENBURY INC shareholding of 11,705,928 shares (3.20% of votes) in a periodic institutional filing.
6 May 2015quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $307.6 million and a net loss of $107.7 million for the period ended 2015-03-31.
6 May 2015quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $307.6 million and a net loss of $107.7 million for the period ended 2015-03-31.
28 Apr 2015dividend declaration● Neutral
The board declared a quarterly dividend of $0.0625 per share, payable 30 June 2015 to holders of record on 26 May 2015. The amount is unchanged. This filing is signed by General Counsel James S. Matthews rather than Alan Rhoades.
13 Feb 2015substantial holder notice● Neutral
Capital World Investors ** reported a DENBURY INC shareholding of 30,400,000 shares (8.60% of votes) in a periodic institutional filing.
10 Feb 2015substantial holder notice● Neutral
The Vanguard Group reported a DENBURY INC shareholding of 26,729,263 shares (7.58% of votes) in a periodic institutional filing.
9 Feb 2015substantial holder notice● Neutral
BlackRock, Inc reported a DENBURY INC shareholding of 20,878,999 shares (5.90% of votes) in a periodic institutional filing.
30 Jan 2015substantial holder notice● Neutral
Artisan Partners Limited Partnership, Artisan Investments GP LLC, Artisan Partners Holdings LP, Artisan Partners Asset Management Inc., Artisan Partners Funds, Inc. disclosed a new substantial DENBURY INC shareholding (9.00% of votes).
29 Jan 2015dividend declaration● Neutral
The board declared a quarterly dividend of $0.0625 per share, payable 31 March 2015 to holders of record on 24 February 2015. The amount is unchanged.
15 Dec 2014debt financing▲ GoodMajor
Denbury replaced its bank credit agreement, which was due to mature in May 2016, with a new secured revolving facility from JPMorgan Chase and other lenders that runs to 9 December 2019. It has a $3.5 billion maximum size and $3.0 billion initial borrowing base, but lender commitments stay at $1.6 billion, and it carries covenants including debt to EBITDAX below 4.25 to 1. The company's press release says drawn borrowing costs fall by 25 basis points.
7 Nov 2014quarterly activities report● Neutral
DENBURY INC reported quarterly revenue of $637.7 million and net income of $268.7 million for the period ended 2014-09-30.
5 Nov 2014quarterly activities report● Neutral
DENBURY INC reported quarterly revenue of $637.7 million and net income of $268.7 million for the period ended 2014-09-30.
29 Oct 2014dividend declaration● Neutral
The board declared a quarterly dividend of $0.0625 per share, payable 30 December 2014 to holders of record on 25 November 2014. The amount is unchanged.
7 Aug 2014quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $672.1 million and a net loss of $55.2 million for the period ended 2014-06-30.
6 Aug 2014quarterly activities report▼ Bad
DENBURY INC reported quarterly revenue of $672.1 million and a net loss of $55.2 million for the period ended 2014-06-30.
30 July 2014dividend declaration● Neutral
The board declared another quarterly dividend of $0.0625 per share, payable 30 September 2014 to holders of record on 26 August 2014. The amount is unchanged.
12 May 2014quarterly activities report● Neutral
DENBURY INC reported quarterly revenue of $641.7 million and net income of $58.3 million for the period ended 2014-03-31.
6 May 2014quarterly activities report● Neutral
DENBURY INC reported quarterly revenue of $641.7 million and net income of $58.3 million for the period ended 2014-03-31.