SOURCE: Industrial Info Resources

Industrial Info Resources

February 24, 2010 05:20 ET

Denbury Shows Improvement After Difficult 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 24, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Oil and natural gas company Denbury Resources Incorporated (NYSE:DNR) (Dallas, Texas) reported losses in revenues and income for 2009, but showed some improvement in the fourth quarter after adjusting for acquisitions and derivatives. Net income for the fourth quarter was $3.5 million, a 92% decrease from the same period last year, and the full year had a loss of $75.16 million, compared to a profit of $388.4 million in 2008. Industrial Info is tracking a dozen Denbury projects in the U.S. that are worth more than $1.7 billion, including the $330 million grassroot pipeline at the CO2 pump station in Guys, Tennessee.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to oilandgasproductiongroup@industrialinfo.com or visit our website at www.industrialinfo.com.

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