Michael Decker - Denbury Resources Independent Director

Director

Mr. Michael B. Decker is an Independent Director of Denbury Resources Inc. Mr. Decker was a partner of Wingate Partners, a Dallasbased private equity investment company, since 1996. Prior to joining Wingate Partners, Mr. Decker held the position of Chief Operating Officer of the Trammell Crow Company. He previously was President of Huffco Group, Inc., an energy exploration company. Mr. Decker currently serves as a board member of USA Environment LP. Mr. Decker has served as a consultant for the Boston Consulting Group and has worked as an investment officer for the World Bank. Mr. Decker served as an Advanced Leadership Initiative Fellow at Harvard University during 2018. Mr. Decker holds an MBA from the Harvard Business School, a Master of Arts from Oxford University and an Artium Baccalaureatus from Princeton University. Mr. Deckers educational background and current and past roles provide him with significant financial, managerial and leadership experience. Mr. Decker has significant experience in the oil and gas industry, as well as several other industries, which broadens the perspectives he brings to the Board. since 2007.
Age 69
Tenure 17 years
Professional MarksMBA
Phone972 673-2000
Webwww.denbury.com
Decker has served as a consultant for the Boston Consulting Group and has worked as an investment officer for the World Bank.

Denbury Resources Management Efficiency

The company has Return on Asset of 6.3 % which means that on every $100 spent on assets, it made $6.3 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 24.28 %, implying that it generated $24.28 on every 100 dollars invested. Denbury Resources' management efficiency ratios could be used to measure how well Denbury Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Denbury Resources has 2.33 B in debt with debt to equity (D/E) ratio of 1.57, which is OK given its current industry classification. Denbury Resources has a current ratio of 0.97, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Denbury to invest in growth at high rates of return.

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Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. Denbury Resources Inc. was incorporated in 2003 and is headquartered in Plano, Texas. Denbury Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 718 people. Denbury Resources (DNR) is traded on New York Stock Exchange in USA and employs 718 people.

Management Performance

Denbury Resources Leadership Team

Elected by the shareholders, the Denbury Resources' board of directors comprises two types of representatives: Denbury Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Denbury. The board's role is to monitor Denbury Resources' management team and ensure that shareholders' interests are well served. Denbury Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Denbury Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Dielwart, Independent Chairman of the Board
Kevin Meyers, Independent Director
Nicole Jennings, Vice President - Planning
Randy Robichaux, Vice President – Environmental, Health and Safety
John Filiatrault, Senior Vice President – CO2 Supply and Pipeline Operations
Steve McLaurin, Vice President, Chief Information Officer
James Matthews, Executive Vice President, Chief Administrative Officer, General Counsel, Secretary
Matthew Dahan, Senior Vice President – Business Development and Technology
Gregory McMichael, Independent Director
Dan Cole, Vice President – Commercial Development and Governmental Relations
Mark Allen, Chief Financial Officer, Executive Vice President, Treasurer, Assistant Secretary
David Sheppard, Vice President – Drilling and Projects
Lynn Peterson, Independent Director
Mary VanDeWeghe, Independent Director
Chris Hibbetts, Vice President - Finance
Alan Rhoades, Vice President, Chief Accounting Officer
Randy Stein, Independent Director
Jenny Cochran, Senior Vice President - Human Resources, Data and Procurement
Christian Kendall, President, Chief Executive Officer, Independent Director
Michael Decker, Independent Director
Nikulas Wood, Vice President - North Region

Denbury Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Denbury Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Denbury Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Denbury Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Denbury Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Denbury Stock

If you are still planning to invest in Denbury Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Denbury Resources' history and understand the potential risks before investing.
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