Denbury (DEN) Tops Q1 EPS by 11c, Revenues Beat

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Go back to Denbury (DEN) Tops Q1 EPS by 11c, Revenues Beat

Denbury Reports First Quarter 2021 Results

May 6, 2021 6:30 AM EDT

PLANO, Texas, May 06, 2021 (GLOBE NEWSWIRE) -- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today provided results for the first quarter of 2021, including the following key outcomes:

FIRST QUARTER 2021 HIGHLIGHTS

Net cash provided by operating activities was $53 million; Adjusted cash flow from operations(1) (non-GAAP measure) was $81 million.Development capital expenditures totaled $20 million; Free cash flow(1) (non-GAAP measure) was $59 million.Net loss totaled $70 million, or $1.38 per diluted share. Adjusted net income(1) (non-GAAP measure) was $22 million, or $0.44... More