Denbury

Plano, United States Founded: 1990 • Age: 36 yrs Acquired By ExxonMobil
Provider of natural gas exploration and production services
Annual revenue $1.3B Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Denbury

Denbury is a company based in Plano (United States) founded in 1990 was acquired by ExxonMobil in July 2023. Denbury has completed 2 acquisitions, including Encore Acquisition Company and Penn Virginia Corporation. Denbury offers products and services including Carbon Solutions and Oil and Gas Operations.

  • Headquarter Plano, United States
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Denbury Inc
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.27 B (USD)
    -13
    as on Dec 31, 2019
  • Net Profit
    $216.96 M (USD)
    -33
    as on Dec 31, 2019
  • EBITDA
    $233.82 M (USD)
    8
    as on Dec 31, 2019
  • Latest Funding Round
    $450 M (USD), Debt – Conventional

    Aug 21, 2018

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    ExxonMobil

    (Jul 12, 2023)

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Products & Services of Denbury

Denbury offers a comprehensive portfolio of products and services, including Carbon Solutions and Oil and Gas Operations.

Product name locked
Category locked
Primary

Carbon solutions are offered for sustainable practices, including CO2 pipeline management

Product name locked
Category locked
Locked

Oil and gas operations are conducted, encompassing emergency responses and operational support

People of Denbury

Headcount 500-1000
Employee Profiles 21
Employee Profiles
People
Ethan M. Wood
Senior Counsel - Acquisitions & Divestitures
People
Mark C. Allen
EVP, CFO, Treasurer & Assistant Secretary
People
Christian S. Kendall
President & CEO
People
Donna Lawrence
Manager, Property Tax

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Funding Insights of Denbury

Investors in Denbury

Denbury has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Bank of America, Credit Suisse and Merrill Lynch.

All
Institutional
Investor Description Founded Year Domain Location
Provides banking, credit cards, investments, loans, and auto financing services.
Locked Locked Locked
Commercial banking and asset management services are offered worldwide.
Locked Locked Locked
Commercial bank
Locked Locked Locked
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Investor details for Denbury

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Denbury

Denbury has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Encore Acquisition Company and Penn Virginia Corporation.

Investments
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Investment portfolio details for Denbury

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Acquisition and development of onshore oil fields in the USA
Locked Locked 1998 Locked
Fracking-based oil & gas exploration and production company
Locked Locked 1882 Locked
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Complete acquisition details for Denbury

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Financial Statements - Denbury

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Detailed financials for Denbury

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  • Profit trends
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Denbury Comparisons

Denbury Primary company
Description
Provider of natural gas exploration and production services
Location
Plano, United States
Founded Year
1990
Annual Revenue
$1.27 B (USD)
Net Profit
$216.96 M (USD)
EBITDA
$233.82 M (USD)
Employees
Not available
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Peer comparison for Denbury

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Competitors of Denbury

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Detailed competitors of Denbury

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Latest news on Denbury

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Complete news archive for Denbury

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Frequently Asked Questions about Denbury

Denbury was founded in 1990 and raised its 1st funding round 19 years after it was founded.

Denbury is headquartered in Plano, United States. It is registered at Plano, Texas, United States.

Annual revenue of Denbury is $1.27B as on Dec 31, 2019.

Denbury, based in Plano, focuses on working in the energy sector, oil gas upstream, and diversified. Provider of natural gas exploration and production services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Denbury offers Carbon Solutions and Oil and Gas Operations.

Denbury has made 2 acquisitions, including Encore Acquisition Company, and Penn Virginia Corporation.

Denbury has 5 investors. Key investors include Bank of America, Credit Suisse, Merrill Lynch, ExxonMobil, and J P Morgan Wealth Management.

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