Denbury reports $369.1 million in revenue over 2021
In February 2022, Denbury released its financial results for the fourth quarter and full year of 2021. The company reported $361.9 million in revenue over 2021, which represents a strong increase from $197.1 million in 2020. Most of this comes from a boost in oil sales, which grew from $177.5 million in 2020 to $329.3 million in 2021. This expansion partially is due to the company’s emergence from bankruptcy over 2020, as 2021 was the first full year of operations after filing for bankruptcy
M&A|Discontinued ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.