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Denbury Inc - DEN STOCK NEWS

Welcome to our dedicated page for Denbury news (Ticker: DEN), a resource for investors and traders seeking the latest updates and insights on Denbury stock.

Denbury Inc. (DEN) is a leading independent energy company specializing in oil exploration and carbon management solutions across the Gulf Coast and Rocky Mountain regions. This news hub provides investors and industry observers with comprehensive coverage of DEN's operational developments, environmental initiatives, and strategic partnerships.

Access real-time updates on earnings reports, CO2 Enhanced Oil Recovery advancements, and collaborations with key players like Exxon Mobil. Our curated collection ensures you never miss critical announcements about asset acquisitions, production innovations, or sustainability milestones.

Key coverage areas include quarterly financial results, carbon capture project updates, drilling program expansions, and leadership changes. All content is sourced directly from official company communications and verified industry reports.

Bookmark this page for continuous access to DEN's evolving story in energy production. Combine these updates with fundamental analysis from Stock Titan's research tools for informed decision-making.

Rhea-AI Summary
Denbury Inc. (NYSE:DEN) will be removed from the Tortoise Recycling Decarbonization IndexSM (RCYCL) and the Tortoise Recycling Decarbonization UCITSSM Index (RECYCLE) due to its approved acquisition by Exxon Mobil Corp (NYSE:XOM). The removal will take place at market open on Friday, November 3, 2023. The indices will not require special rebalancing and the weight of DEN will be distributed proportionally to the remaining constituents.
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Exxon Mobil Corporation has completed its acquisition of Denbury Inc. in an all-stock transaction valued at $4.9 billion. Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. This acquisition strengthens ExxonMobil's Low Carbon Solutions business and expands its low-carbon leadership. ExxonMobil now owns the largest CO2 pipeline network in the U.S. and has access to strategic CO2 storage sites. The acquisition also includes Gulf Coast and Rocky Mountain oil and natural gas operations.
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Denbury stockholders approve merger with ExxonMobil. The merger agreement states that ExxonMobil will acquire all outstanding shares of Denbury at an exchange ratio of 0.84 shares of ExxonMobil for each Denbury share. Over 75% of total shares outstanding and 99% of shares voted supported the merger. The transaction is expected to close on November 2, 2023.
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Denbury announces expiration of waiting period for acquisition by ExxonMobil
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Exxon Mobil Corporation has announced its definitive agreement to acquire Denbury Inc. in an all-stock transaction valued at $4.9 billion. The acquisition will enhance ExxonMobil's Low Carbon Solutions business by adding Denbury's carbon capture, utilization, and storage solutions. The transaction is expected to drive strong growth and returns, with synergies enabling over 100 million metric tons of emissions reductions. Denbury's CO2 pipeline network and sequestration sites will accelerate the deployment of carbon capture and underpin multiple low carbon value chains.
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Denbury Inc

NYSE:DEN

DEN Rankings

DEN Stock Data

4.56B
49.78M
3.3%
109.53%
6.48%
Oil & Gas E&P
Energy
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United States
Plano