View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsDenbury 将来の成長Future 基準チェック /06Denburyの収益は年間18.5%で減少すると予測されていますが、年間収益は年間1.1%で増加すると予想されています。EPS は年間19.2%で減少すると予想されています。主要情報-18.5%収益成長率-19.16%EPS成長率Oil and Gas 収益成長8.0%収益成長率1.1%将来の株主資本利益率n/aアナリストカバレッジGood最終更新日23 Oct 2023今後の成長に関する最新情報お知らせ • May 04Denbury Inc. Provides Sales Guidance for the Second Quarter of 2023Denbury Inc. provided sales guidance for the second quarter of 2023. For the second quarter 2023 sales volumes are anticipated to be similar to the first quarter.お知らせ • Nov 04Denbury Inc. Provides Earnings Guidance for the Fourth Quarter of 2022Denbury Inc. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expected sales volumes in a range of 47,500 BOE/d to 49,000 BOE/d.お知らせ • Aug 05Denbury Inc. Provides Production Guidance for the Year 2022Denbury Inc. provided production guidance for the year 2022. For the year, the company's full-year 2022 production guidance range is unchanged at between 46,000 and 49,000 BOE/d.すべての更新を表示Recent updatesお知らせ • Nov 23Denbury Inc. Files Form 15Denbury Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.お知らせ • Nov 14Denbury Inc. announced delayed 10-Q filingOn 11/13/2023, Denbury Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.お知らせ • Nov 03+ 1 more updateExxon Mobil Corporation (NYSE:XOM) completed the acquisition of Denbury Inc. (NYSE:DEN) from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., FMR LLC and others.Exxon Mobil Corporation (NYSE:XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE:DEN) from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., FMR LLC and others for $4.8 billion on July 13, 2023. The acquisition is an all stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. Denbury agrees to pay to ExxonMobil $144,000,000, which equals approximately 3% of the aggregate equity value implied in the transaction in case of termination and If the Merger Agreement is terminated by ExxonMobil because a Specified Pipeline Event has occurred, ExxonMobil agrees to pay Denbury contemporaneously with and as a condition to such termination, a termination fee of $144,000,000, in immediately available funds. The completion of the Merger is subject to satisfaction or waiver of certain customary mutual closing conditions, including, customary regulatory reviews and approvals, approval by Denbury shareholders, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) applicable to the Merger, the effectiveness of the Registration Statement on Form S-4, the authorization for listing on the New York Stock Exchange of the shares to be issued in connection with the Merger. The boards of directors of both companies have unanimously approved the transaction. As of September 12, 2023, Denbury announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. As of October 31, 2023, Denbury shareholder approved the transaction. The transaction is expected to close in the 4th quarter of 2023. As of October 31, 2023, the transaction is expected to close on November 2, 2023. In connection with the Merger, J.P. Morgan Securities LLC and TPH&Co., energy business of Perella Weinberg Partners are acting as lead financial advisors and due diligence provider to Denbury and provided a fairness opinion to the Board of Directors. Denbury will pay the transaction fee to each of J.P. Morgan Securities LLC and TPH&Co. approximately $42.7 million (including the $3 million opinion fee which became payable to each of them upon delivery of their respective fairness opinion to the Denbury board of directors). PJT Partners LP acted as financial advisor, fairness opinion and due diligence provider to the Board of Directors. Steve Gill, Doug McWilliams, David Peck, Lina Dimachkieh, Peter Rogers, David D’Alessandro, Missy Spohn, Kara Kuritz, Hill Wellford, Rick Sofield, John Grand, Elena Sauber, Danielle Patterson, Guy Gribov, Alex Cross, Sean Becker, Alex Bluebond, Matthew Dobbins, Robert Kimball, Katherine Frank and Rajesh Patel of Vinson & Elkins LLP acting as legal counsels and due diligence providers to Denbury. Shanu Bajaj, Jennifer S. Conway, Louis Goldberg, David H. Schnabel, Howard Shelanski and Oliver Smith of Davis Polk & Wardwell LLP acted as legal advisors to ExxonMobil. As compensation for its services in connection with the Merger, PJT Partners is entitled to receive from Denbury a fee of $3 million, which became payable upon the delivery of PJT Partners’ opinion to the Denbury board of directors. Broadridge Corporate Issuer Solutions, Inc. acted as Denbury’s transfer agent. Computershare Trust Company, N.A. is the transfer agent and registrar for ExxonMobil common stock. Denbury has retained Innisfree M&A Incorporated to assist in the solicitation of proxies for a fee expected not to exceed $60,000, plus reasonable out-of-pocket expenses. Exxon Mobil Corporation (NYSE:XOM) completed the acquisition of Denbury Inc. (NYSE:DEN) from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., FMR LLC and others on November 2, 2023. In accordance with the terms of the agreement, Christian S. Kendall, Kevin O. Meyers, Anthony M. Abate Caroline G. Angoorly, James N. Chapman, Lynn A. Peterson, Brett R. Wiggs and Cindy A. Yeilding, such members comprising all of the directors of Denbury prior to the close of transaction, resigned as directors of Denbury. Also, each officer of Denbury ceased his or her respective service as an officer of Denbury.New Risk • Aug 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 27% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$1.30 (vs US$3.00 in 2Q 2022)Second quarter 2023 results: EPS: US$1.30 (down from US$3.00 in 2Q 2022). Revenue: US$329.0m (down 32% from 2Q 2022). Net income: US$67.3m (down 57% from 2Q 2022). Profit margin: 21% (down from 32% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% decline forecast for the Oil and Gas industry in the United Kingdom.お知らせ • Jul 15Exxon Mobil Corporation (NYSE:XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE:DEN) for $4.6 billion.Exxon Mobil Corporation (NYSE:XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE:DEN) for $4.6 billion on July 13, 2023. The acquisition is an all stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. The boards of directors of both companies have unanimously approved the transaction, which is subject to customary regulatory reviews and approvals. It is also subject to approval by Denbury shareholders. The transaction is expected to close in the 4th quarter of 2023. In connection with the Merger, J.P. Morgan Securities LLC and TPH&Co., energy business of Perella Weinberg Partners are acting as lead financial advisors to Denbury and provided a fairness opinion to the Board of Directors. PJT Partners also provided a fairness opinion to the Board of Directors. Vinson & Elkins LLP is acting as legal counsel to Denbury. Shanu Bajaj Joseph S. Brown, Jennifer S. Conway, Louis L. Goldberg, David H. Schnabel, Howard Shelanski and H. Oliver Smith of Davis Polk & Wardwell LLP acted as legal advisors to ExxonMobil.お知らせ • Jul 12Denbury Inc. to Report Q2, 2023 Results on Aug 03, 2023Denbury Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023Board Change • Jun 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • May 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$1.73 (vs US$0.017 loss in 1Q 2022)First quarter 2023 results: EPS: US$1.73 (up from US$0.017 loss in 1Q 2022). Revenue: US$341.0m (down 17% from 1Q 2022). Net income: US$89.2m (up US$90.1m from 1Q 2022). Profit margin: 26% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to fall by 3.3% p.a. on average during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in the United Kingdom.お知らせ • May 04Denbury Inc. Provides Sales Guidance for the Second Quarter of 2023Denbury Inc. provided sales guidance for the second quarter of 2023. For the second quarter 2023 sales volumes are anticipated to be similar to the first quarter.Board Change • Apr 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$9.34 (vs US$1.10 in FY 2021)Full year 2022 results: EPS: US$9.34 (up from US$1.10 in FY 2021). Revenue: US$1.71b (up 36% from FY 2021). Net income: US$480.2m (up US$424.2m from FY 2021). Profit margin: 28% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 4.1% p.a. on average during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in the United Kingdom.Board Change • Feb 23High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Jan 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 20Denbury Inc. to Report Q4, 2022 Results on Feb 23, 2023Denbury Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 23, 2023Board Change • Jan 05High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: US$4.89 (vs US$1.62 in 3Q 2021)Third quarter 2022 results: EPS: US$4.89 (up from US$1.62 in 3Q 2021). Revenue: US$439.5m (up 28% from 3Q 2021). Net income: US$250.4m (up 203% from 3Q 2021). Profit margin: 57% (up from 24% in 3Q 2021). Revenue is expected to fall by 3.8% p.a. on average during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in the United Kingdom.お知らせ • Nov 04Denbury Inc. Provides Earnings Guidance for the Fourth Quarter of 2022Denbury Inc. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expected sales volumes in a range of 47,500 BOE/d to 49,000 BOE/d.お知らせ • Oct 11Exxon Mobil Reportedly Considers Buying DenburyExxon Mobil Corporation (NYSE:XOM) is considering acquiring Denbury Inc. (NYSE:DEN), Bloomberg News reported on October 10, 2022, citing people familiar with the matter. Shares of Plano, Texas-based energy company Denbury rose 8% on the report. Exxon has expressed preliminary interest in Denbury, but no final decision has been made, the report said, adding the oil major could opt against proceeding with a potential deal. Denbury was exploring options including a sale, Bloomberg reported in August 2022. Exxon and Denbury did not immediately respond to Reuters request for comment.お知らせ • Oct 07Denbury Inc. to Report Q3, 2022 Results on Nov 03, 2022Denbury Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 03, 2022Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to US$88.81, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 19% over the past year.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$91.39, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 3x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 51% over the past year.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.00 (vs US$1.52 loss in 2Q 2021)Second quarter 2022 results: EPS: US$3.00 (up from US$1.52 loss in 2Q 2021). Revenue: US$482.2m (up 60% from 2Q 2021). Net income: US$155.5m (up US$233.2m from 2Q 2021). Profit margin: 32% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 4.6% compared to a 19% growth forecast for the industry in the United Kingdom.お知らせ • Aug 05Denbury Inc. Provides Production Guidance for the Year 2022Denbury Inc. provided production guidance for the year 2022. For the year, the company's full-year 2022 production guidance range is unchanged at between 46,000 and 49,000 BOE/d.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$69.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 2x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 5.6% over the past year.業績と収益の成長予測LSE:0I8A - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20251,484290-9627212/31/20241,523349-15642612/31/20231,4343197258356/30/20231,49048227512N/A3/31/20231,64357086519N/A12/31/20221,714480119521N/A9/30/20221,685526110466N/A6/30/20221,58935874414N/A3/31/20221,40912565355N/A12/31/20211,2485686317N/A9/30/20211,093-11895255N/A6/30/2021943-1,007116224N/A3/31/2021760-1,62736145N/A12/31/2020751-1,48324154N/A9/30/2020864-1,407122297N/A6/30/2020986-528129354N/A3/31/20201,212317235492N/A12/31/20191,275217205494N/A9/30/20191,303368132480N/A6/30/20191,382374134497N/A3/31/20191,426257124502N/A12/31/20181,474323184530N/A9/30/20181,462275222518N/A6/30/20181,333197156436N/A3/31/20181,208181-10335N/A12/31/20171,130163-89267N/A9/30/20171,070-349-160203N/A6/30/20171,050-374-108233N/A3/31/20171,042-769N/A241N/A12/31/2016976-976N/A219N/A9/30/2016959-1,476N/A324N/A6/30/20161,013-3,695N/A501N/A3/31/20161,133-4,463N/A729N/A12/31/20151,244-4,385N/A864N/A9/30/20151,458-3,137N/A1,037N/A6/30/20151,792-624N/A1,105N/A3/31/20152,087469N/A1,146N/A12/31/20142,417635N/A1,223N/A9/30/20142,533362N/A1,234N/A6/30/20142,573195N/A1,199N/A3/31/20142,549380N/A1,307N/A12/31/20132,494410N/A1,361N/A9/30/20132,502434N/A1,397N/A6/30/20132,424418N/A1,385N/A3/31/20132,376499N/A1,388N/A12/31/20122,436525N/A1,411N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 0I8Aの収益は今後 3 年間で減少すると予測されています (年間-18.5% )。収益対市場: 0I8Aの収益は今後 3 年間で減少すると予測されています (年間-18.5% )。高成長収益: 0I8Aの収益は今後 3 年間で減少すると予測されています。収益対市場: 0I8Aの収益 ( 1.1% ) UK市場 ( 4.6% ) よりも低い成長が予測されています。高い収益成長: 0I8Aの収益 ( 1.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 0I8Aの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/11/02 07:02終値2023/11/01 00:00収益2023/06/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Denbury Inc. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。26 アナリスト機関Daniel KatzenbergBairdJeffrey RobertsonBarclaysPhillip JungwirthBMO Capital Markets Equity Research23 その他のアナリストを表示
お知らせ • May 04Denbury Inc. Provides Sales Guidance for the Second Quarter of 2023Denbury Inc. provided sales guidance for the second quarter of 2023. For the second quarter 2023 sales volumes are anticipated to be similar to the first quarter.
お知らせ • Nov 04Denbury Inc. Provides Earnings Guidance for the Fourth Quarter of 2022Denbury Inc. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expected sales volumes in a range of 47,500 BOE/d to 49,000 BOE/d.
お知らせ • Aug 05Denbury Inc. Provides Production Guidance for the Year 2022Denbury Inc. provided production guidance for the year 2022. For the year, the company's full-year 2022 production guidance range is unchanged at between 46,000 and 49,000 BOE/d.
お知らせ • Nov 23Denbury Inc. Files Form 15Denbury Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.001 per share.
お知らせ • Nov 14Denbury Inc. announced delayed 10-Q filingOn 11/13/2023, Denbury Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
お知らせ • Nov 03+ 1 more updateExxon Mobil Corporation (NYSE:XOM) completed the acquisition of Denbury Inc. (NYSE:DEN) from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., FMR LLC and others.Exxon Mobil Corporation (NYSE:XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE:DEN) from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., FMR LLC and others for $4.8 billion on July 13, 2023. The acquisition is an all stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. Denbury agrees to pay to ExxonMobil $144,000,000, which equals approximately 3% of the aggregate equity value implied in the transaction in case of termination and If the Merger Agreement is terminated by ExxonMobil because a Specified Pipeline Event has occurred, ExxonMobil agrees to pay Denbury contemporaneously with and as a condition to such termination, a termination fee of $144,000,000, in immediately available funds. The completion of the Merger is subject to satisfaction or waiver of certain customary mutual closing conditions, including, customary regulatory reviews and approvals, approval by Denbury shareholders, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) applicable to the Merger, the effectiveness of the Registration Statement on Form S-4, the authorization for listing on the New York Stock Exchange of the shares to be issued in connection with the Merger. The boards of directors of both companies have unanimously approved the transaction. As of September 12, 2023, Denbury announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. As of October 31, 2023, Denbury shareholder approved the transaction. The transaction is expected to close in the 4th quarter of 2023. As of October 31, 2023, the transaction is expected to close on November 2, 2023. In connection with the Merger, J.P. Morgan Securities LLC and TPH&Co., energy business of Perella Weinberg Partners are acting as lead financial advisors and due diligence provider to Denbury and provided a fairness opinion to the Board of Directors. Denbury will pay the transaction fee to each of J.P. Morgan Securities LLC and TPH&Co. approximately $42.7 million (including the $3 million opinion fee which became payable to each of them upon delivery of their respective fairness opinion to the Denbury board of directors). PJT Partners LP acted as financial advisor, fairness opinion and due diligence provider to the Board of Directors. Steve Gill, Doug McWilliams, David Peck, Lina Dimachkieh, Peter Rogers, David D’Alessandro, Missy Spohn, Kara Kuritz, Hill Wellford, Rick Sofield, John Grand, Elena Sauber, Danielle Patterson, Guy Gribov, Alex Cross, Sean Becker, Alex Bluebond, Matthew Dobbins, Robert Kimball, Katherine Frank and Rajesh Patel of Vinson & Elkins LLP acting as legal counsels and due diligence providers to Denbury. Shanu Bajaj, Jennifer S. Conway, Louis Goldberg, David H. Schnabel, Howard Shelanski and Oliver Smith of Davis Polk & Wardwell LLP acted as legal advisors to ExxonMobil. As compensation for its services in connection with the Merger, PJT Partners is entitled to receive from Denbury a fee of $3 million, which became payable upon the delivery of PJT Partners’ opinion to the Denbury board of directors. Broadridge Corporate Issuer Solutions, Inc. acted as Denbury’s transfer agent. Computershare Trust Company, N.A. is the transfer agent and registrar for ExxonMobil common stock. Denbury has retained Innisfree M&A Incorporated to assist in the solicitation of proxies for a fee expected not to exceed $60,000, plus reasonable out-of-pocket expenses. Exxon Mobil Corporation (NYSE:XOM) completed the acquisition of Denbury Inc. (NYSE:DEN) from The Goldman Sachs Group, Inc. (NYSE:GS), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., FMR LLC and others on November 2, 2023. In accordance with the terms of the agreement, Christian S. Kendall, Kevin O. Meyers, Anthony M. Abate Caroline G. Angoorly, James N. Chapman, Lynn A. Peterson, Brett R. Wiggs and Cindy A. Yeilding, such members comprising all of the directors of Denbury prior to the close of transaction, resigned as directors of Denbury. Also, each officer of Denbury ceased his or her respective service as an officer of Denbury.
New Risk • Aug 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 27% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Reported Earnings • Aug 04Second quarter 2023 earnings released: EPS: US$1.30 (vs US$3.00 in 2Q 2022)Second quarter 2023 results: EPS: US$1.30 (down from US$3.00 in 2Q 2022). Revenue: US$329.0m (down 32% from 2Q 2022). Net income: US$67.3m (down 57% from 2Q 2022). Profit margin: 21% (down from 32% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% decline forecast for the Oil and Gas industry in the United Kingdom.
お知らせ • Jul 15Exxon Mobil Corporation (NYSE:XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE:DEN) for $4.6 billion.Exxon Mobil Corporation (NYSE:XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE:DEN) for $4.6 billion on July 13, 2023. The acquisition is an all stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. The boards of directors of both companies have unanimously approved the transaction, which is subject to customary regulatory reviews and approvals. It is also subject to approval by Denbury shareholders. The transaction is expected to close in the 4th quarter of 2023. In connection with the Merger, J.P. Morgan Securities LLC and TPH&Co., energy business of Perella Weinberg Partners are acting as lead financial advisors to Denbury and provided a fairness opinion to the Board of Directors. PJT Partners also provided a fairness opinion to the Board of Directors. Vinson & Elkins LLP is acting as legal counsel to Denbury. Shanu Bajaj Joseph S. Brown, Jennifer S. Conway, Louis L. Goldberg, David H. Schnabel, Howard Shelanski and H. Oliver Smith of Davis Polk & Wardwell LLP acted as legal advisors to ExxonMobil.
お知らせ • Jul 12Denbury Inc. to Report Q2, 2023 Results on Aug 03, 2023Denbury Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023
Board Change • Jun 29High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 05First quarter 2023 earnings released: EPS: US$1.73 (vs US$0.017 loss in 1Q 2022)First quarter 2023 results: EPS: US$1.73 (up from US$0.017 loss in 1Q 2022). Revenue: US$341.0m (down 17% from 1Q 2022). Net income: US$89.2m (up US$90.1m from 1Q 2022). Profit margin: 26% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to fall by 3.3% p.a. on average during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in the United Kingdom.
お知らせ • May 04Denbury Inc. Provides Sales Guidance for the Second Quarter of 2023Denbury Inc. provided sales guidance for the second quarter of 2023. For the second quarter 2023 sales volumes are anticipated to be similar to the first quarter.
Board Change • Apr 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: US$9.34 (vs US$1.10 in FY 2021)Full year 2022 results: EPS: US$9.34 (up from US$1.10 in FY 2021). Revenue: US$1.71b (up 36% from FY 2021). Net income: US$480.2m (up US$424.2m from FY 2021). Profit margin: 28% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 4.1% p.a. on average during the next 3 years compared to a 4.8% decline forecast for the Oil and Gas industry in the United Kingdom.
Board Change • Feb 23High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jan 25High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 20Denbury Inc. to Report Q4, 2022 Results on Feb 23, 2023Denbury Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 23, 2023
Board Change • Jan 05High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Cindy Yeilding was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: US$4.89 (vs US$1.62 in 3Q 2021)Third quarter 2022 results: EPS: US$4.89 (up from US$1.62 in 3Q 2021). Revenue: US$439.5m (up 28% from 3Q 2021). Net income: US$250.4m (up 203% from 3Q 2021). Profit margin: 57% (up from 24% in 3Q 2021). Revenue is expected to fall by 3.8% p.a. on average during the next 3 years compared to a 5.9% decline forecast for the Oil and Gas industry in the United Kingdom.
お知らせ • Nov 04Denbury Inc. Provides Earnings Guidance for the Fourth Quarter of 2022Denbury Inc. provided earnings guidance for the fourth quarter of 2022. For the quarter, the company expected sales volumes in a range of 47,500 BOE/d to 49,000 BOE/d.
お知らせ • Oct 11Exxon Mobil Reportedly Considers Buying DenburyExxon Mobil Corporation (NYSE:XOM) is considering acquiring Denbury Inc. (NYSE:DEN), Bloomberg News reported on October 10, 2022, citing people familiar with the matter. Shares of Plano, Texas-based energy company Denbury rose 8% on the report. Exxon has expressed preliminary interest in Denbury, but no final decision has been made, the report said, adding the oil major could opt against proceeding with a potential deal. Denbury was exploring options including a sale, Bloomberg reported in August 2022. Exxon and Denbury did not immediately respond to Reuters request for comment.
お知らせ • Oct 07Denbury Inc. to Report Q3, 2022 Results on Nov 03, 2022Denbury Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 03, 2022
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to US$88.81, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 19% over the past year.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$91.39, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 3x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 51% over the past year.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: US$3.00 (vs US$1.52 loss in 2Q 2021)Second quarter 2022 results: EPS: US$3.00 (up from US$1.52 loss in 2Q 2021). Revenue: US$482.2m (up 60% from 2Q 2021). Net income: US$155.5m (up US$233.2m from 2Q 2021). Profit margin: 32% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Over the next year, revenue is expected to shrink by 4.6% compared to a 19% growth forecast for the industry in the United Kingdom.
お知らせ • Aug 05Denbury Inc. Provides Production Guidance for the Year 2022Denbury Inc. provided production guidance for the year 2022. For the year, the company's full-year 2022 production guidance range is unchanged at between 46,000 and 49,000 BOE/d.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$69.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 2x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 5.6% over the past year.