Denbury Resources (DNR) Tops Q4 EPS by 2c
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Denbury Reports 2019 Fourth Quarter and Full-Year Results, 2020 Capital Budget and Estimated Production
February 25, 2020 6:30 AM ESTPLANO, Texas, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (Denbury or the Company) today announced its fourth quarter and full-year 2019 financial and operating results, along with its 2020 capital budget and currently estimated 2020 production.
2019 FOURTH QUARTER AND FULL-YEAR HIGHLIGHTS
Financial
Delivered net income of $23 million for 4Q 2019 and $217 million for full-year 2019° Adjusted net income(1) (a non-GAAP measure) of $47 million for 4Q 2019 and $192 million for 2019° Adjusted EBITDAX(1) (a non-GAAP measure) of $155 million for 4Q 2019 and $607 million for... More