Denbury Resources, Inc. (DNR) Misses Q2 EPS by 1c

Denbury Resources, Inc. (NYSE: DNR) reported Q2 EPS of $0.26, $0.01 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $669 million versus the consensus estimate of $628.06 million.

Second Quarter of 2014 Highlights:

• Increased adjusted cash flow from operations (a non-GAAP measure)(1)(3) by 9% sequentially;
• Increased tertiary production by 3% and total production by 2% sequentially;
• Lowered lease operating expense per barrel of oil equivalent ("BOE") by 7% sequentially; and
• Year-to-date, generated an excess of $62 million of adjusted cash flow from operations(1)(3) after capital expenditures of $498 million and dividend payments of $43 million.

For earnings history and earnings-related data on Denbury Resources, Inc. (DNR) click here.

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