Denbury Inc.
0I8A.L
London Stock Exchange89.85
USD
+1.20
- -
Denbury Inc.
0I8A.L
(London Stock Exchange)
Recent
price
89.85
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Denbury Inc. (Ticker: 0I8A.L) is an independent energy company focused on carbon capture, utilization, and storage (CCUS) and enhanced oil recovery (EOR) operations, primarily leveraging carbon dioxide (CO2) for sustainable energy solutions. The company develops, owns, and operates CO2 sources and transportation pipelines; conducts EOR production from mature oil fields; and provides CCUS services including injection, storage, and sequestration in dedicated geologic formations. Its core offerings encompass CO2 flooding for oil recovery in fields such as Cedar Creek Anticline in Montana and North Dakota, and Greencore Pipeline infrastructure for CO2 distribution; services also include Class VI permitting for permanent CO2 storage and low-carbon projects targeting industrial emitters. Denbury operates predominantly in the United States, with key assets in the Rocky Mountain and Gulf Coast regions, and maintains headquarters in Plano, Texas, since its founding roots trace back to 1951 through predecessor entities. In recent developments, Denbury was acquired by ExxonMobil in July 2023 for approximately $4.9 billion, marking a significant strategic shift as it integrates into ExxonMobil's low-carbon portfolio to accelerate global CCUS expansion. Post-acquisition, the company has advanced major initiatives including the Houston CO2 Pipeline Project and partnerships for CO2 offtake with industrial customers like CF Industries. No major name changes or reorganizations have occurred in the last 1-2 years, though operations now emphasize scaled CCUS hub development targeting 100 million metric tons annual CO2 storage capacity by 2040 under ExxonMobil's oversight.