Denbury is attempting to make its EOR projects more competitive by cutting costs.
No-moat Denbury Resources remains on course to hit its 2017 production target of 60-62 mboe/d despite hurricane-related outages, which truncated its third-quarter output by about 2 mboe/d. Most of the firm’s Houston-area fields were shut-in for about 10 days. Nevertheless third-quarter volumes were 60 mboe/d, which was flat sequentially and consistent with our previous forecast. Roughly 65% of these volumes are priced off of the Louisiana Light Sweet benchmark, which was recently $6 higher than ...Denbury Resources is an independent oil and natural gas company. The company's operations are focused in two main operating areas: the Gulf Coast and Rocky Mountain regions. The company's properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.