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Denbury Resources Updates 2Q Income, Production

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August 2, 2012

Denbury Resources Inc. announced adjusted net income (a non-GAAP measure)1 of $138 million for the second quarter of 2012, or $0.35 per diluted share, on quarterly revenues of $597 million. This compares to $147 million of adjusted net income, or $0.36 per diluted share, on revenues of $596 million for the prior year second quarter, and $161 million of adjusted net income, or $0.41 per diluted share, on revenues of $640 million for the first quarter of 2012. Second quarter of 2012 net income (the GAAP measure) was $212 million, ...


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