Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Denbury Inc focuses on injecting carbon dioxide to enhance production from mature, conventional fields. At the end of 2018, the company reported net proved reserves of 262 million barrels of oil equivalent. Net production averaged 60 thousand barrels of oil equivalent per day in 2018 at a ratio of 97% oil and 3% natural gas.