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 Marks | MBA |
Phone | 972 673-2000 |
Web | www.denbury.com |
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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Management Performance
Return On Equity | 24.28 | |||
Return On Asset | 6.3 |
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.
Return On Equity | 24.28 | |||
Return On Asset | 6.3 | |||
Profit Margin | 26.13 % | |||
Operating Margin | 58.34 % | |||
Current Valuation | 2.44 B | |||
Shares Outstanding | 506.32 M | |||
Shares Owned By Insiders | 1.48 % | |||
Shares Owned By Institutions | 72.62 % | |||
Number Of Shares Shorted | 122.82 M | |||
Price To Earning | 0.39 X |
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.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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