Denbury Resources (DNR) Tops Q3 EPS by 2c, Revenues Beat

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Go back to Denbury Resources (DNR) Tops Q3 EPS by 2c, Revenues Beat

Denbury Reports Third Quarter 2018 Results

November 8, 2018 6:30 AM EST

PLANO, Texas, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced net income of $78 million, or $0.17 per diluted share, for the third quarter of 2018.  Adjusted net income(1) (a non-GAAP measure) was $59 million, or $0.13(1)(2) per diluted share, with the difference from GAAP net income primarily due to the exclusion of $17 million ($13 million after tax) of income from noncash fair value adjustments on commodity derivatives(1) (a non-GAAP measure), with the GAAP and non-GAAP measures reconciled in tables beginning on page 9.

2018 THIRD QUARTER HIGHLIGHTS

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