Articles from Denbury Inc.

Denbury Inc. (NYSEDEN) (“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: XOMNYSEXOM)

Denbury Inc. (NYSEDEN) (“Denbury”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), with respect to the previously-announced agreement for ExxonMobil to acquire all outstanding shares of Denbury at an exchange ratio of 0.84 shares of ExxonMobil for each Denbury share.

Denbury Inc. (NYSEDEN) (“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.

Denbury Inc. (NYSEDEN) (“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.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) announced today that it has formed a joint venture with Lapis Energy, LP (“Lapis”) to design, implement, and operate a carbon dioxide (“CO2”) sequestration project at Lapis Energy’s 14,000-acre site located in St. Charles Parish, Louisiana, approximately 20 miles west of New Orleans. Each party will have a 50 percent interest in a newly formed project company, Libra CO2 Storage Solutions LLC (“Libra”). The joint venture partners believe that the site has the potential to store at least 200 million metric tons of CO2 and, due to its close proximity to industrial facilities, has the potential to become an ideal sequestration site. The site is anticipated to be ready for first injection as early as 2027. Depending on the scale and pace of emissions agreements dedicated to the site, Denbury intends to connect the sequestration site to its existing CO2 pipeline network in southeast Louisiana with a 45-mile pipeline connection.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a Carbon Capture, Utilization and Storage panel at the J.P. Morgan Energy, Power & Renewables Conference on Thursday, June 22, 2023, at 12:05 p.m. Eastern Time. Mr. Kendall and other members of management will also participate in meetings at the conference with investors. Supplemental corporate materials will be posted to the Company’s website at www.denbury.com the same morning.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided its first quarter 2023 results. Supplemental materials for the quarter are also available at www.denbury.com. The Company will host a webcast to review its results tomorrow, May 4, at 11:00 a.m. Central Time (12:00 p.m. Eastern Time) on its website.

Denbury Inc. (NYSEDEN) (“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.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced several new agreements related to its carbon capture, utilization and storage (“CCUS”) business and provided its 2023 goals, which are intended to further the Company’s leadership position in CCUS.

Denbury Inc. (NYSEDEN) (“Denbury” or “the Company”) today announced its 2023 capital budget range for oil and natural gas development of $350 million to $370 million, and for carbon capture, utilization, and storage (“CCUS”) capital expenditures of $140 million to $160 million. At the combined midpoint of $510 million (excluding capitalized interest and equity investments), planned capital expenditures are up 19% from 2022, with the increase driven entirely by the CCUS business as the Company plans to enhance its spending on the development of dedicated CO2 storage sites and prepare for expansion of its CO2 pipeline infrastructure.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided its fourth quarter and full-year 2022 results.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced it will release its financial and operational results for the fourth quarter of fiscal year 2022, before market open on Thursday, February 23, 2023. In addition, Denbury will provide its initial outlook for 2023, including projections for oil & gas production and costs, as well as capital expectations for both its oil & gas and CCUS operations. Denbury will host a webcast to review these matters on the same day as noted below.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a panel discussing carbon capture economics and development at the Goldman Sachs Global Energy and Clean Technology Conference on Thursday, January 5, 2023, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Mr. Kendall and other members of management will also participate in meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website at www.denbury.com the same morning.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) is hosting a live webcast at 10:00 a.m. C.T. today to review its carbon capture, utilization, and storage (“CCUS”) strategy, growth plans, and financial projections. Registration for the webcast can be found on the Company’s Investor Relations website, where presentation materials are currently available. A replay of the event will be available shortly following the conclusion of the broadcast on the same website.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced a definitive agreement with a large landowner in southwest Louisiana for the future development and operation of a dedicated CO2 sequestration site. The 31,000 acre land position is located in Allen, Beauregard and Vernon Parishes, approximately 25 miles north of Denbury’s Green Pipeline. Denbury estimates that there is potential to store up to 250 million metric tons of CO2 in the site, with first injection planned as early as 2026. The strategic location of the site provides nearby storage potential for the heavy industrial areas of Beaumont and Port Arthur, Texas, and Lake Charles, Louisiana. In close proximity to the dedicated CO2 sequestration site is more than 60 million metric tons per year of existing emissions.

Denbury Inc. (NYSEDEN) (“Denbury”) and Weyerhaeuser Company NYSE: WYNYSEWY)

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that it will host a CCUS Business Outlook webcast on Tuesday, December 13, 2022. The live webcast will feature presentations by Chris Kendall, President and CEO, Nik Wood, Senior Vice President of Denbury Carbon Solutions, and other members of executive management, who will review the Company’s CCUS strategy, growth plans, and financial projections.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided its third quarter 2022 financial and operating results.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that its subsidiary, Denbury Carbon Solutions, LLC. has executed a CO2 Services Agreement with Clean Hydrogen Works (“Clean Hydrogen”). Under the definitive agreement, Denbury will transport and sequester CO2 captured from Clean Hydrogen’s planned hydrogen-ammonia complex in Ascension Parish, Louisiana, which is anticipated to be built less than two miles from Denbury’s existing CO2 pipeline network.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that its subsidiary, Denbury Carbon Solutions, LLC., has executed a 20-year definitive agreement to provide CO2 transportation and storage services to Lake Charles Methanol (“LCM”) in association with LCM’s planned “blue” methanol project.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) plans to issue its Third Quarter 2022 financial and operating results prior to the market opening on Thursday, November 3, 2022. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference on Tuesday, September 6, 2022, at 2:25 p.m. Eastern Time (1:25 p.m. Central Time). Mr. Kendall and other members of management will also participate in meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website the same morning, and a link to the live webcast and replay of the presentation will be available in the Investor Relations section of the Company’s website at www.denbury.com.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided its second quarter 2022 financial and operating results.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced the publication of its seventh Corporate Responsibility Report, disclosing key performance data for the Company’s operations during the 2021 calendar year. The report demonstrates Denbury’s continued dedication to transparency and was prepared based on the recommendations of the Task Force on Climate-Related Financial Disclosures (“TCFD”), in accordance with the Global Reporting Initiative (“GRI”) Standards: Core Option and includes indicators from the Sustainability Accounting Standards Board (“SASB”) Standards.

Denbury Inc. (NYSEDEN) (“Denbury”) today announced that it has signed a definitive agreement with a landowner near Donaldsonville, Louisiana, to lease approximately 18,000 acres for future CO2 sequestration. The site is located in Assumption and St. James Parishes, less than five miles from the Company’s existing CO2 Green Pipeline and in close proximity to the Louisiana Industrial Corridor, one of the highest geographic concentrations of industrial CO2 emissions in the United States. Denbury estimates more than 50 million metric tons per year of existing stationary CO2 emissions are located within 30 miles of the site.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) plans to issue its second quarter 2022 financial and operating results prior to the market opening on Thursday, August 4, 2022. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will present at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 22, 2022, at 1:45 p.m. Eastern Time. Mr. Kendall and other members of management will also participate in meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website the same morning, and a link to the live webcast of the presentation will be available in the Investor Relations section of the Company’s website at www.denbury.com.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided its first quarter 2022 financial and operating results.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to $250 million of its outstanding shares of common stock, which represent more than 7% of Denbury’s current market capitalization.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) plans to issue its first quarter 2022 financial and operating results prior to the market opening on Thursday, May 5, 2022. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.

Denbury Inc. (NYSEDEN) (“Denbury” or “the Company”) today announced three new lease agreements with large private landowners in Louisiana, securing additional exclusive rights to develop significant carbon dioxide (CO2) sequestration projects in high quality, high-capacity reservoirs underlying deep sealing formations along the state’s industrial corridor.

Denbury Inc. (NYSEDEN) (“Denbury” or “the Company”) today provided an update on the continued growth of Denbury Carbon Solutions, its carbon capture, utilization, and storage (“CCUS”) business, including established 2022 goals and multiple new agreements for CO2 transportation, utilization and storage services.

Denbury Inc. (NYSEDEN) (“Denbury” or “the Company”) 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 and pipelines. In addition to oil and natural gas development capital, the Company currently anticipates 2022 expenditures of approximately $50 million in connection with its strategic carbon capture, utilization, and storage (“CCUS”) initiatives, which could flex higher based on the progress and timing of various CCUS agreements, including the development of new sequestration sites.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided its fourth quarter and full-year 2021 financial and operating results.

Denbury Inc. (NYSEDEN) (“Denbury”) today announced that its wholly-owned subsidiary, Denbury Carbon Solutions, LLC, and a subsidiary of Natural Resource Partners L.P. NYSE:NRPNYSENRP)

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) plans to issue its fourth quarter 2021 financial and operating results, along with its 2022 outlook, prior to the market opening on Thursday, February 24, 2022. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a virtual panel discussion, Outlook for Carbon Capture, at the 2022 Goldman Sachs Global Energy and Clean Technology Conference on Wednesday, January 5, 2022, at 10:20 a.m. Eastern Time (9:20 a.m. Central Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be available the same morning in the Investor Relations section of the Company’s website at www.denbury.com.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a panel discussion, CCUS Practical Challenges & Opportunities, at the BofA Securities 2021 Global Energy Conference on Wednesday, November 17, 2021, at 1:00 p.m. Eastern Time (12:00 p.m. Central Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be available the morning of Tuesday, November 16, 2021 in the Investor Relations section of the Company’s website at www.denbury.com.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided results for the third quarter of 2021.

Denbury Inc. (NYSEDEN) (“Denbury”) today announced that its wholly-owned subsidiary, Denbury Carbon Solutions, LLC, and Houston-based Gulf Coast Midstream Partners, LLC (“GCMP”) have executed a non-binding letter of intent and term sheet (“LOI”) for the permanent sequestration of CO2 in a planned underground storage project southwest of Houston, Texas. The project is currently being developed by GCMP’s wholly-owned subsidiary, Gulf Coast Carbon Solutions, LLC (“GCCS”) and the arrangement contemplates Denbury participating as an equity investor alongside GCMP with up to 50% equity ownership in the project. Denbury’s election of its equity ownership level will be determined prior to the execution of final agreements.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) plans to issue its third quarter 2021 financial and operating results prior to the market opening on Thursday, November 4, 2021. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced the publication of its 2021 Corporate Responsibility Report. The report demonstrates the Company’s continued dedication to disclosure aligned with leading sustainability reporting frameworks, with preparation in accordance with the Global Reporting Initiative Sustainability Reporting Standards ("GRI Standards") as well as indicators and recommendations from the Sustainability Accounting Standards Board (“SASB”) and the Task Force on Climate-related Financial Disclosures (“TCFD”).

Denbury Inc. (NYSEDEN) (“Denbury”) today announced that its wholly-owned subsidiary, Denbury Carbon Solutions, LLC., and Mitsubishi Corporation (“Mitsubishi”) have executed a term sheet for the transport and storage of CO2 captured from Mitsubishi’s proposed ammonia project on the Gulf Coast of the United States. The agreement between Denbury and Mitsubishi underscores the parties’ shared interest in pursuing energy opportunities and contributing towards a low-carbon society, with Mitsubishi focused on the production of fuel ammonia and Denbury pursuing its mission of providing world-leading carbon transportation and storage solutions.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will present at the Barclays 2021 CEO Energy-Power Conference on Thursday, September 9, 2021, at 10:20 a.m. Eastern Time (9:20 a.m. Central Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website the morning of Wednesday, September 8, 2021, and a link to the live webcast of the presentation will be available in the Investor Relations section of the Company’s website at www.denbury.com.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today provided results for the second quarter of 2021.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) plans to issue its second quarter 2021 financial and operating results prior to the market opening on Thursday, August 5, 2021. On the same day, the Company is scheduled to host a webcast and conference call at 11:00 a.m. Central Time (12 p.m. Eastern Time). The presentation webcast will be available, both live and for replay, on the Investor Relations page of the Company’s website at www.denbury.com. Individuals who would like to participate in the conference call should dial in shortly before the scheduled start time.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a fireside chat at the J.P. Morgan Energy, Power & Renewables Conference on Wednesday, June 23, 2021, at 11:10 a.m. Central Time (12:10 p.m. Eastern Time). Mr. Kendall and other members of management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website the morning of Tuesday, June 22, 2021, and a link to the live webcast of the fireside chat will be available in the Investor Relations section of the Company’s website at www.denbury.com.

Denbury Inc. (NYSEDEN) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will participate in a virtual fireside chat at the UBS Global Energy Virtual Conference on Wednesday, May 26, 2021, at 12:00 p.m. Central Time (1:00 p.m. Eastern Time). Mr. Kendall and other members of senior management will also participate in virtual meetings with investors. Supplemental corporate materials for the conference will be posted to the Company’s website the morning of Tuesday, May 25, 2021, and a link to the live webcast of the fireside chat will be available in the Investor Relations section of the Company’s website at www.denbury.com.