What is Denbury's dividend policy?

Denbury Resources' dividend policy aims to provide regular cash returns to its shareholders. However, due to the company's focus on capital allocation and operational growth, Denbury currently does not pay a regular dividend. Instead, it prioritizes reinvesting cash flows into its operations and projects to maximize long-term value for shareholders. This approach allows the company to pursue strategic initiatives, such as investing in technology and expanding production capabilities, which ultimately enhance shareholder returns. Denbury remains committed to prudently managing capital and allocating resources to generate profitable growth and maintain a strong financial position. As a result, the company continually evaluates its dividend policy to ensure it aligns with its overall corporate strategy and the best interests of shareholders.