Denbury Inc.
DNRRW
Other OTC0.00
USD
-31.01
- -
CIK
0000945764
Return %
Stock
S&P500
1Y
-100.00
26.53
3Y
-99.95
76.60
5Y
-99.96
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- IPO Date
- Sep 30, 2020
- CIK
- 0000945764
- Similar Companies
- Business
- Denbury Inc. Denbury Inc. operates as a subsidiary of Exxon Mobil Corporation Exxon Mobil Corporation, focusing on carbon capture, utilization, storage (CCUS) solutions and enhanced oil recovery (EOR) in the energy sector; the company develops oil and natural gas properties through exploration, exploitation, drilling, and proven engineering practices, with primary emphasis on carbon dioxide (CO2) EOR operations that recycle CO2 to produce carbon-negative Blue Oil and provide secure geologic storage. Core products and services include CO2 transportation via an extensive pipeline network spanning over 1,300 miles primarily in the Gulf Coast (Mississippi, Texas, Louisiana, Alabama) and Rocky Mountain (Montana, North Dakota, Wyoming) regions; oil and natural gas production from mature fields revitalized by CO2 injection; and CCUS infrastructure supporting industrial CO2 offtake for petrochemicals, hydrogen, ammonia, biofuels, and direct air capture applications. Founded in 1951 and headquartered in Plano, Texas, Denbury serves customers in the U.S. Gulf Coast and Rocky Mountain areas, leveraging subsidiaries like Denbury Onshore LLC for onshore oil and gas exploration. In a major strategic shift, ExxonMobil completed its $4.9 billion all-stock acquisition of Denbury in November 2023, integrating its CO2 pipeline system and operations—adding proved reserves exceeding 200 million barrels of oil equivalent and daily production around 46,000 oil-equivalent barrels—into ExxonMobil's Low Carbon Solutions business to accelerate decarbonization services, expand storage sites to over 15 onshore locations, and enable emissions reductions exceeding 100 million metric tons annually once optimized. Post-acquisition, Denbury's assets enhance ExxonMobil's CCS deployment for third-party customers while supporting ongoing EOR activities and low-carbon value chains.