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Market Cap

US$2.9b

Last Updated

2021/05/07 23:33 UTC

Data Sources

Company Financials +

Executive Summary

Denbury Inc., an independent energy company, focuses on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. More Details

Rewards

Earnings are forecast to grow 125.74% per year

Risk Analysis

No risks detected for DEN from our risk checks.


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has Denbury's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DEN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: DEN's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

8.1%

DEN

7.1%

US Oil and Gas

-0.3%

US Market


1 Year Return

n/a

DEN

40.7%

US Oil and Gas

50.2%

US Market

Return vs Industry: Insufficient data to determine how DEN performed against the US Oil and Gas industry.

Return vs Market: Insufficient data to determine how DEN performed against the US Market.


Shareholder returns

DENIndustryMarket
7 Day8.1%7.1%-0.3%
30 Day28.0%8.0%2.2%
90 Day77.9%24.7%3.8%
1 Yearn/a49.7%40.7%52.7%50.2%
3 Yearn/a-14.0%-25.6%63.4%53.1%
5 Yearn/a5.0%-15.4%129.6%104.0%

Long-Term Price Volatility Vs. Market

How volatile is Denbury's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Denbury undervalued compared to its fair value and its price relative to the market?

2.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DEN ($58.81) is trading above our estimate of fair value ($21.82)

Significantly Below Fair Value: DEN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DEN is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: DEN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DEN is overvalued based on its PB Ratio (2.8x) compared to the US Oil and Gas industry average (1.6x).


Future Growth

How is Denbury forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

125.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: DEN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DEN's is expected to become profitable in the next 3 years.

Revenue vs Market: DEN's revenue (13.5% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: DEN's revenue (13.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DEN's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Denbury performed over the past 5 years?

54.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DEN is currently unprofitable.

Growing Profit Margin: DEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DEN is unprofitable, but has reduced losses over the past 5 years at a rate of 54.3% per year.

Accelerating Growth: Unable to compare DEN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DEN is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-42.5%).


Return on Equity

High ROE: DEN has a negative Return on Equity (-140.77%), as it is currently unprofitable.


Financial Health

How is Denbury's financial position?


Financial Position Analysis

Short Term Liabilities: DEN's short term assets ($126.8M) do not cover its short term liabilities ($285.1M).

Long Term Liabilities: DEN's short term assets ($126.8M) do not cover its long term liabilities ($296.0M).


Debt to Equity History and Analysis

Debt Level: DEN's debt to equity ratio (6.6%) is considered satisfactory.

Reducing Debt: DEN's debt to equity ratio has reduced from 263.2% to 6.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable DEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DEN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.1% per year.


Dividend

What is Denbury current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DEN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DEN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DEN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Chris Kendall (53 yo)

3.83yrs

Tenure

US$22,441,710

Compensation

Mr. Christian S. Kendall, also known as Chris, has been Chief Executive Officer of Denbury Inc. since July 01, 2017 and has been its President since October 3, 2016. Mr. Kendall served as the Chief Operati...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD22.44M) is above average for companies of similar size in the US market ($USD5.41M).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DEN's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: DEN's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: DEN only recently listed within the past 12 months, with total shares outstanding growing by -89.9% in the past year..


Top Shareholders

Company Information

Denbury Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Denbury Inc.
  • Ticker: DEN
  • Exchange: NYSE
  • Founded: 2003
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$2.941b
  • Shares outstanding: 50.01m
  • Website: https://www.denbury.com

Number of Employees


Location

  • Denbury Inc.
  • 5851 Legacy Circle
  • Suite 1200
  • Plano
  • Texas
  • 75024
  • United States

Listings


Biography

Denbury Inc., an independent energy company, focuses on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. The company holds interests in various oil and natural gas propert...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 23:33
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.