Denbury Management
Management criteria checks 2/4
Denbury's CEO is Chris Kendall, appointed in Oct 2016, he has a tenure of 6.67 years. His total yearly compensation is $6.89M , comprised of 11.2% salary and 88.8% bonuses, including company stock and options. He directly owns 0.069% of the company’s shares, worth $3.16M. The average tenure of the management team and the board of directors is 5.5 years and 2.8 years respectively.
Key information
Chris Kendall
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 11.2% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.07% |
| Management average tenure | 5.5yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Improved Earnings Required Before Denbury Inc. (NYSE:DEN) Shares Find Their Feet
May 30
Denbury Inc. (NYSE:DEN) Shares Could Be 25% Below Their Intrinsic Value Estimate
Apr 17Investors Shouldn't Overlook Denbury's (NYSE:DEN) Impressive Returns On Capital
Mar 31Denbury Q4 2022 Earnings Preview
Feb 22Denbury gains amid renewed Exxon takeover speculation
Jan 12Denbury (NYSE:DEN) Could Become A Multi-Bagger
Dec 26Denbury partners with Weyerhaeuser for a CO2 sequestration site in Mississippi
Dec 12Buy Denbury As The EOR Market Is Growing
Nov 17Denbury Q3 2022 Earnings Preview
Nov 02Denbury gains on takeover speculation
Sep 28We Think Denbury (NYSE:DEN) Might Have The DNA Of A Multi-Bagger
Sep 16Denbury: Appears Fairly Priced After Shares Jumped In Response To News Of A Potential Sale
Sep 05Denbury jumps 12% on report of sales process
Aug 17Denbury's (NYSE:DEN) Earnings Are Of Questionable Quality
Aug 12Denbury Q2 2022 Earnings Preview
Aug 03Denbury Resources: Carbon Solutions Business May Provide Significant Upside
Jun 18Denbury: Carbon Solutions Business Ramping Up
Apr 05Denbury: High Exposure To Future Oil Prices
Jan 18Carbon Capture Attracting Investment - Denbury Leading The Charge
Aug 13Denbury Inc. 2021 Q1 - Results - Earnings Call Presentation
May 07Denbury Q1 2021 Earnings Preview
May 05Denbury to buy Wyoming CO2 enhanced oil recovery fields for $12M
Dec 29Denbury reports Q3 results
Nov 16Denbury: Carbon Capture Business A Major Differentiator
Nov 02CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | US$570m |
| Dec 31 2022 | US$7m | US$772k | US$480m |
| Sep 30 2022 | n/a | n/a | US$526m |
| Jun 30 2022 | n/a | n/a | US$358m |
| Mar 31 2022 | n/a | n/a | US$125m |
| Dec 31 2021 | US$2m | US$772k | US$56m |
| Sep 30 2021 | n/a | n/a | -US$118m |
| Jun 30 2021 | n/a | n/a | -US$1b |
| Mar 31 2021 | n/a | n/a | -US$2b |
| Dec 31 2020 | US$22m | US$743k | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | -US$528m |
| Mar 31 2020 | n/a | n/a | US$317m |
| Dec 31 2019 | US$5m | US$824k | US$217m |
| Sep 30 2019 | n/a | n/a | US$368m |
| Jun 30 2019 | n/a | n/a | US$374m |
| Mar 31 2019 | n/a | n/a | US$257m |
| Dec 31 2018 | US$6m | US$775k | US$323m |
| Sep 30 2018 | n/a | n/a | US$275m |
| Jun 30 2018 | n/a | n/a | US$197m |
| Mar 31 2018 | n/a | n/a | US$181m |
| Dec 31 2017 | US$4m | US$639k | US$163m |
| Sep 30 2017 | n/a | n/a | -US$349m |
| Jun 30 2017 | n/a | n/a | -US$374m |
| Mar 31 2017 | n/a | n/a | -US$769m |
| Dec 31 2016 | US$4m | US$538k | -US$976m |
Compensation vs Market: Chris's total compensation ($USD6.89M) is about average for companies of similar size in the US market ($USD6.80M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
CEO
Chris Kendall (56 yo)
6.7yrs
Tenure
US$6,893,021
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.7yrs | US$6.89m | 0.069% $ 3.2m | |
| Executive VP | 14yrs | US$3.59m | 0.58% $ 26.3m | |
| Executive VP & COO | 5.5yrs | US$2.20m | 0.023% $ 1.0m | |
| Executive VP | 11.4yrs | US$2.20m | 0.017% $ 753.3k | |
| VP & Chief Accounting Officer | 2.4yrs | no data | 0.12% $ 5.5m | |
| Senior Vice President of Business Development & Technology | 5.5yrs | no data | no data | |
| Executive Director of Investor Relation | 2.3yrs | no data | no data | |
| Senior Vice President of CO2 Supply and Pipeline Operations | 5.5yrs | no data | no data | |
| Senior Vice President of Business Services | 2.4yrs | no data | no data | |
| Senior Vice President – CCUS | 2.2yrs | no data | no data |
5.5yrs
Average Tenure
55yo
Average Age
Experienced Management: DEN's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6yrs | US$6.89m | 0.069% $ 3.2m | |
| Independent Chairman | 11.9yrs | US$397.88k | 0.0063% $ 288.7k | |
| Independent Director | 2.8yrs | US$267.46k | 0.0042% $ 192.3k | |
| Independent Director | 6.1yrs | US$253.71k | 0.0042% $ 192.3k | |
| Independent Director | 2.8yrs | US$258.71k | 0.0042% $ 192.3k | |
| Independent Director | 2.8yrs | US$262.46k | 0.0042% $ 192.3k | |
| Independent Director | 2.8yrs | US$274.96k | 0.0042% $ 192.3k | |
| Independent Director | 2.3yrs | US$258.71k | 0.0042% $ 192.3k |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Board: DEN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.