Denbury: 4Q Earnings Snapshot
PLANO, Texas (AP) _ Denbury Inc. (DEN) on Thursday reported a fourth-quarter loss of $53.4 million, after reporting a profit in the same period a year earlier.
The Plano, Texas-based company said it had a loss of $1.07 per share. Earnings, adjusted for non-recurring costs, came to 58 cents per share.
The independent oil and gas company posted revenue of $197.1 million in the period.
Denbury shares have climbed 70% since the beginning of the year. The stock has increased forty-eightfold in the last 12 months.