Denbury Resources to File Prepackaged Bankruptcy Plan [TheStreet.com]
DENBURY RESOURCES (DNR)
Last denbury resources earnings: 2/25 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
denbury.com/investor-relations/investor-presentations-and-webcasts/default.aspx
Company Research
Source: TheStreet.com
Denbury Resources(DNRGet ReportLike many others in the oil and gas patch, the Plano, Texas, company has been decimated by the drop in oil and gas prices during the coronavirus pandemic.The company has agreed with creditors holding all of its revolving-credit-facility loans, about 67.2% of second lien notes and about 70.8% of convertible notes on a plan that will erase its $2.1 billion of bond debt.Denbury expects to file its bankruptcy petition in U.S. Bankruptcy Court for the Southern District of Texas by Thursday.It plans to continue normal operations throughout the bankruptcy process. Its lenders will provide a debtor-in-possession revolving loan that will roll into an exit facility with up to $615 million available.Denbury will continue to evaluate the operating environment and adjust as necessary to the impact of covid-19, OPEC+ actions and other factors that affect its business, the company said in a statement.In light of the pandemic, “we have taken multiple proactive steps at
Show less
Read more
Impact Snapshot
Event Time:
DNR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DNR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DNR alerts
High impacting DENBURY RESOURCES news events
Weekly update
A roundup of the hottest topics