Denbury Plans to Release First Quarter 2023 Results on May 3rd

Rhea-AI Summary

Denbury Inc. (NYSE: DEN) announced its financial and operational results for the first quarter of 2023, scheduled for release after U.S. markets close on May 3rd. A live webcast to discuss these results will be held on May 4th at 11:00 a.m. CDT. Denbury focuses on Carbon Capture, Utilization, and Storage (CCUS) and Enhanced Oil Recovery (EOR) in the Gulf Coast and Rocky Mountain regions. With over four million tons of industrial-sourced CO₂ injected annually, the company aims to offset its CO₂ emissions by 2030. Interested parties can access the earnings release and webcast on their Investor Relations website.

Positive

• Denbury will report its Q1 2023 results on May 3rd, indicating a commitment to transparency.
• The company is focusing on CCUS and EOR, which are growth sectors in the energy industry.
• Denbury's goal to offset CO₂ emissions by 2030 demonstrates a commitment to sustainability.

Negative

• No specific financial metrics or projections were provided in the press release, which may leave investors uncertain about performance.

PLANO, Texas--(BUSINESS WIRE)-- Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced it will release its financial and operational results for the first quarter of 2023 after the close of U.S. financial markets on Wednesday, May 3^rd. The Company will host a live webcast to review its results on Thursday, May 4^th, at 11:00 a.m. CDT. Denbury’s earnings release, supplemental materials, and webcast will be accessible on its Investor Relations website at investors.denbury.com.

A webcast replay will be accessible on the same website shortly after the live event.

About Denbury

Denbury is an independent energy company with operations and assets focused on Carbon Capture, Utilization, and Storage (“CCUS”) and Enhanced Oil Recovery (“EOR”) in the Gulf Coast and Rocky Mountain regions. For over two decades, the Company has maintained a unique strategic focus on utilizing CO₂ in its EOR operations and since 2012 has also been active in CCUS through the injection of captured industrial-sourced CO₂. The Company currently injects over four million tons of captured industrial-sourced CO₂ annually, with an objective to fully offset its Scope 1, 2, and 3 CO₂ emissions by 2030, primarily through increasing the amount of captured industrial-sourced CO₂ used in its operations. For more information about Denbury, visit www.denbury.com.

Follow Denbury on Twitter and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230406005199/en/

DENBURY IR CONTACTS

Brad Whitmarsh, 972.673.2020, brad.whitmarsh@denbury.com

Beth Bierhaus, 972.673.2554, beth.bierhaus@denbury.com

Source: Denbury Inc.

FAQ

When will Denbury release its Q1 2023 financial results?

Denbury will release its Q1 2023 financial results after U.S. markets close on May 3rd.

What time is Denbury's Q1 2023 earnings webcast?

Denbury's Q1 2023 earnings webcast is scheduled for May 4th at 11:00 a.m. CDT.

What is Denbury's focus in the energy market?

Denbury focuses on Carbon Capture, Utilization, and Storage (CCUS) and Enhanced Oil Recovery (EOR).

How much CO2 does Denbury inject annually?

Denbury currently injects over four million tons of captured industrial-sourced CO2 annually.

What is Denbury's goal regarding CO2 emissions by 2030?

Denbury aims to fully offset its Scope 1, 2, and 3 CO2 emissions by 2030.