Denbury Resources (DNR) Tops Q1 EPS by 1c, Revenues Miss
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Denbury Reports First Quarter 2019 Results
May 7, 2019 6:30 AM EDTPLANO, Texas, May 07, 2019 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced a net loss of $26 million, or $0.06 per diluted share, for the first quarter of 2019. Adjusted net income(1) (a non-GAAP measure) was $45 million, or $0.10(1)(2) per diluted share, with the difference from the GAAP net loss primarily due to $92 million ($69 million after tax) of noncash expense related to fair value changes in the Companys commodity derivative positions (see reconciliation of GAAP and non-GAAP measures in tables beginning on page 7 of this press release).
FIRST QUARTER... More
