Denbury Resources Inc. (DNR) financial statements (2021 and earlier)

Company profile

Business Address 5851 LEGACY CIRCLE
PLANO, TX 75024
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments113902323
Cash and cash equivalents113902323
Restricted cash and investments1      
Receivables201827454487209
Prepaid expense14      
Derivative instruments and hedges, assets01293  143881
Deferred tax assets   2 
Other current assets 101211111010
Other undisclosed current assets91139126146125100(310)
Total current assets:127181296202181345813
Noncurrent Assets
Operating lease, right-of-use asset2034
Property, plant and equipment1,3044,3734,3194,1673,9885,37610,352
Oil and gas property, full cost method      7,021
Intangible assets, net (including goodwill)97     1,370
Goodwill      1,284
Intangible assets, net (excluding goodwill)97     86
Derivative instruments and hedges  4   132
Regulated entity, other noncurrent assets      57
Other noncurrent assets86104104102105199213
Other undisclosed noncurrent assets      (7,230)
Total noncurrent assets:1,5084,5114,4274,2694,0935,57511,915
TOTAL ASSETS:1,6354,6924,7234,4714,2755,92012,728
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:113184198177200253395
Accounts payable19636177283065
Accrued liabilities22   443632
Employee-related liabilities8   424763
Taxes payable17   213240
Interest and dividends payable2   294948
Other undisclosed accounts payable and accrued liabilities451211371013658148
Debt68102105105833235
Derivative instruments and hedges, liabilities548 9969  
Asset retirement obligation7521272
Deferred tax liabilities    82
Other undisclosed current liabilities446559767881126
Total current liabilities:285364365458433373640
Noncurrent Liabilities
Long-term debt and lease obligation, including:702,2332,6642,9792,9103,2783,536
Operating lease, liability1942
Other undisclosed long-term debt and lease obligation512,1912,6642,9792,9103,2783,536
Liabilities, other than long-term debt2072825523864631,0202,848
Asset retirement obligations179177174166147139126
Deferred tax liabilities, net3101982948542,695
Deferred income tax liabilities1 
Estimated litigation liability 51     
Other liabilities21546822222727
Derivative instruments and hedges, liabilities5      
Other undisclosed noncurrent liabilities19401     
Total noncurrent liabilities:2962,9153,2173,3653,3734,2986,384
Total liabilities:5813,2803,5813,8233,8064,6717,024
Stockholders' equity
Stockholders' equity attributable to parent1,0541,4121,1426484681,2495,704
Common stock0100000
Treasury stock, value (6)(11)(4)(48)(46)(919)
Additional paid in capital1,1042,7392,6852,5082,5352,3543,230
Accumulated other comprehensive loss      (0)
Retained earnings (accumulated deficit)(51)(1,321)(1,533)(1,856)(2,019)(1,059)3,392
Total stockholders' equity:1,0541,4121,1426484681,2495,704
TOTAL LIABILITIES AND EQUITY:1,6354,6924,7234,4714,2755,92012,728

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 1,2751,4741,1309761,2582,435
Revenue, net1,0909361,2132,372
Cost of revenue (954)(1,064)(981)(1,575)(1,238)(1,226)
Cost of goods and services sold   (500)(472)(571)(712)
Gross profit: 321410148(600)201,209
Operating expenses   (102)(921)(6,346)(186)
Other operating expense, net
(Other Expenses)
   (7)(37)(10)(13)
Operating income (loss): 32141039(1,558)(6,336)1,010
Nonoperating income (expense)
(Investment Income, Nonoperating)
   (78)(128)148555
Interest and debt expense 156(70)(99)(10)(159)(297)
Income (loss) from continuing operations before equity method investments, income taxes: 477340(137)(1,696)(6,347)1,268
Other undisclosed income (loss) from continuing operations before income taxes (156)7018417521(246)
Income (loss) from continuing operations before income taxes: 32141047(1,520)(6,326)1,023
Income tax expense (benefit) (104)(87)1175441,941(387)
Net income (loss) available to common stockholders, basic: 217323163(976)(4,385)635
Interest on convertible debt 1410   
Net income (loss) available to common stockholders, diluted: 231323163(976)(4,385)635

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): 217323163(976)(4,385)635
Comprehensive income (loss): 217323163(976)(4,385)635
Other undisclosed comprehensive income, net of tax, attributable to parent     00
Comprehensive income (loss), net of tax, attributable to parent: 217323163(976)(4,385)636

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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