8 Aug 2017quarterly activities report● Neutral
DENBURY INC reported quarterly revenue of $261.2 million and net income of $14.4 million for the period ended 2017-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 July 2017director interest notice● Neutral
DENBURY INC SVP, General Counsel & Sec'y James S. Matthews received 160,000 shares as part of the equity award.
13 July 2017director interest notice● Neutral
DENBURY INC President and CEO Christian S Kendall received 400,000 shares as part of the equity award.
13 July 2017director interest notice● Neutral
DENBURY INC VP & Chief Accounting Officer Alan Rhoades received 198,420 shares as part of the equity award.
11 July 2017director interest notice● Neutral
DENBURY INC President and CEO Christian S Kendall had 39,866 shares withheld for taxes on vesting stock.
11 July 2017director interest notice● Neutral
DENBURY INC SVP, General Counsel & Sec'y James S. Matthews had 10,397 shares withheld for taxes on vesting stock.
11 July 2017director interest notice● Neutral
DENBURY INC VP & Chief Accounting Officer Alan Rhoades had 11,490 shares withheld for taxes on vesting stock.
3 July 2017director interest notice● Neutral
DENBURY INC President and CEO Christian S Kendall received 422,223 shares as part of the equity award.
25 May 2017director interest notice● Neutral
DENBURY INC director Michael B Decker received 71,911 shares as part of the equity award.
25 May 2017director interest notice● Neutral
DENBURY INC director John Dielwart received 71,911 shares as part of the equity award.
25 May 2017director interest notice● Neutral
DENBURY INC director Lynn A Peterson received 71,911 shares as part of the equity award.
25 May 2017director interest notice● Neutral
Lynn A Peterson became a DENBURY INC director and company insider (initial ownership filing).
25 May 2017director interest notice● Neutral
DENBURY INC director Greg Mcmichael received 71,911 shares as part of the equity award.
25 May 2017director interest notice● Neutral
DENBURY INC director Randy I Stein received 71,911 shares as part of the equity award.
25 May 2017director interest notice● Neutral
DENBURY INC director Kevin Omar Meyers received 71,911 shares as part of the equity award.
25 May 2017director interest notice● Neutral
DENBURY INC director Laura A Sugg received 71,911 shares as part of the equity award.
5 May 2017quarterly activities report● Neutral
DENBURY INC reported quarterly revenue of $275.5 million and net income of $21.5 million for the period ended 2017-03-31.
4 May 2017debt financing● NeutralMajor
Denbury amended its bank credit agreement again (Fourth Amendment, 3 May 2017). The $1.05 billion borrowing base was reaffirmed, the total debt-to-EBITDAX test that was due back in 2018 was dropped, and the senior secured debt limit stays at 3.0x to Q1 2018 then 2.5x. Bank margins rose 0.5 percentage points. Drawn borrowings were $355 million at 31 March 2017 (up from $310.0 million a year earlier), with $72 million of letters of credit. The same filing carries Q1 2017 results: net income $22 million ($0.05 per share) against a $185 million loss a year earlier, though adjusted for special items it was a $7 million loss; production was 59,933 BOE/d. Denbury also bought a ~48% non-operating interest in West Yellow Creek Field, Mississippi for $16 million in March 2017. Next redetermination is around 1 November 2017.
4 Apr 2017director interest notice● Neutral
DENBURY INC SVP, General Counsel & Sec'y James S. Matthews acquired 40,310 shares and disposed of 16,082 in a set of related equity transactions.
4 Apr 2017director interest notice● Neutral
DENBURY INC Chief Executive Officer Phil Rykhoek acquired 179,160 shares and disposed of 59,232 in a set of related equity transactions.
4 Apr 2017director interest notice● Neutral
DENBURY INC President and COO Christian S Kendall acquired 77,000 shares and disposed of 32,302 in a set of related equity transactions.
4 Apr 2017director interest notice● Neutral
DENBURY INC VP & Chief Accounting Officer Alan Rhoades acquired 27,247 shares and disposed of 11,431 in a set of related equity transactions.
28 Mar 2017director interest notice● Neutral
DENBURY INC director Greg Mcmichael sold 16,000 shares at $2.23.
9 Mar 2017substantial holder notice● Neutral
BlackRock, Inc reported a DENBURY INC shareholding of 40,101,003 shares (10.10% of votes) in a periodic institutional filing.
13 Feb 2017substantial holder notice● Neutral
Capital Research Global Investors ** reported a DENBURY INC shareholding of 37,158,795 shares (9.30% of votes) in a periodic institutional filing.
10 Feb 2017substantial holder notice● Neutral
SailingStone Capital Partners LLC, SailingStone Holdings LLC, MacKenzie B. Davis, Kenneth L. Settles Jr, Victory Global Natural Resources Fund reported a DENBURY INC shareholding of 31,630,490 shares (7.90% of votes) in a periodic institutional filing.
9 Feb 2017substantial holder notice● Neutral
The Vanguard Group reported a DENBURY INC shareholding of 47,730,359 shares (11.98% of votes) in a periodic institutional filing.
3 Feb 2017substantial 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 no remaining DENBURY INC shareholding in its periodic institutional filing.
11 Jan 2017director interest notice● Neutral
DENBURY INC SVP, General Counsel & Sec'y James S. Matthews had 4,511 shares withheld for taxes on vesting stock.
11 Jan 2017director interest notice● Neutral
DENBURY INC VP & Chief Accounting Officer Alan Rhoades had 4,843 shares withheld for taxes on vesting stock.