Denbury (DEN) Tops Q1 EPS by 15c
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Denbury Reports First Quarter 2022 Results
May 5, 2022 6:30 AM EDTGenerates Cash Flow Well Above Plan; Authorizes Share Repurchase Program
Carbon Solutions Agreements Solidify CCUS Leadership Position
PLANO, Texas--(BUSINESS WIRE)-- Denbury Inc. (NYSE: DEN) (Denbury or the Company) today provided its first quarter 2022 financial and operating results.
FIRST QUARTER AND RECENT HIGHLIGHTS
First quarter 2022 cash flows provided by operating activities totaled $90 million. Adjusted cash flows from operations(1) of nearly $131 million represent a 62% increase from the first quarter of 2021. Generated $51 million in free cash flow(1)... More