PLANO, Texas, July 31, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today was notified by the New York Stock…
Plano-based oil and gas producer Denbury Resources will seek bankruptcy court approval of an agreement with creditors that’ll eliminate the company’s $2.1…
Denbury Resources, like many others in the oil and gas patch, has been decimated by the drop in oil and gas prices during the pandemic.
Denbury Resources Inc. undefined said Wednesday it has filed for Chapter 11 bankruptcy protection under a pre-packaged plan with its creditors that will…
The company says it's received an official offer for $1.20 per share, or more than 5x the closing price on Friday of $0.23. A sale would allow Denbury (NYS
Plano-based Denbury Resources Inc. is skipping a second multimillion-dollar interest payment as the independent oil and gas company looks for ways to…
Is The Federal Reserve Sowing Seeds Of Marxism? Tyler Durden Wed, 07/15/2020 - 17:10 Submitted by Right Wire Report, Wealth inequality has become a major talking point for those primarily on the Left who are vehemently against capitalism. Often espoused by leftist professors, lawmakers, and think tanks, the increasing disparity in wealth among Americans has been a growing concern. Many have questioned for years whether the Federal Reserve and their fiat currency monetary system is a fundamental fraud in our economy today. Is the Federal Reserve causing wealth inequality, thereby sowing the seeds of Marxism? Wealth inequality is an issue that both political sides should be willing to tackle because it can cause terrible consequences for a cohesive society. One can easily go off on the issues of personal responsibility and envy politics, but the reality is society must deal with the issue regardless of the morality of the issues – see “ Trapped on a Deserted Island with 200 Hungry Savages .” While the Left is correct in their concerns, they are ignoring a major cause of the rampant, growing inequality in America – currency debasement and instead blame capitalism.
This Pandemic Is A Politician's Dream Come True Tyler Durden Thu, 07/02/2020 - 15:45 Authored by Simon Black via SovereignMan.com, By the mid-1990s, the economy of Zimbabwe was in serious trouble. The national government under its dictator Robert Mugabe had spent years confiscating private property– real estate, businesses, factories, bank deposits, etc. And unsurprisingly, this had a disastrous effect on the economy. Productive citizens and talented entrepreneurs left Zimbabwe in droves– after all, who would want to keep operating under such awful conditions? So within a few years, everything from food production to mining output to manufacturing had plummeted. The banking sector collapsed. Unemployment soared. Tax revenue dried up. So Mugabe did what most politicians would do in that position: he started printing money. This is an old trick that governments have relied on for thousands of years. The ‘denarius’ coin of ancient Rome, for example, contained 93.5% silver in the early 100s AD under Emperor Trajan.
NEW YORK, June 8, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TOPS, GILD, SHIP, DNR, and NE. … | June 8, 2020
NEW YORK, June 8, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TOPS, GILD, SHIP, DNR, and NE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link….
1Q20 Earnings Presentation May 18, 2020 Agenda Introduction … | May 18, 2020
The coronavirus pandemic has cratered demand for fuel and sent the price of oil tumbling, falling by as much as 65% in March, relative to the start of the year. US crude is trading under $22 a barrel , which is below what many oil companies need to turn a profit . That puts some firms at risk of defaulting. A new report by Fitch Ratings reveals that defaults by energy companies are expected to exceed $30 billion this year. Energy firms account for nearly half of Fitch's "top bonds of concern." Here is a list of the 21 highest-risk energy bonds. Visit Business Insider's homepage for more stories . There are all kinds of metrics you can use to measure the health of an industry, from stock prices to capital expenditure. Another one is debt, and that's what analysts at Fitch Ratings looked at in a report this week. They found that the default rate for high-yield bonds — those rated below investment grade — is set to rise above 4% in April, the highest level in more than three years. Energy defaults are expected to be even higher, thanks in part to a plunge in economic activity driven by the coronavirus.
Denbury Resources (DNR) intends to defer the Cedar Creek Anticline CO2 tertiary flood development project beyond 2020 to preserve liquidity.
Denbury Resources (DNR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Denbury Resources' (DNR) fourth-quarter earnings are supported by lower transportation and marketing, and lease operating expenses.
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