Thread regarding Denbury Resources Inc. layoffs

Why hang on to a sinking ship?

Just curious as to what is keeping you at DNR? It is no longer what it once was, and with so many other good companies out there.. why do this to yourself?

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Post ID: @OP+XxQm3N0

8 replies (most recent on top)

Oh yeah....remember that dividend play PR tried to run. Do you know how many shares he owned when he started that? It think it was about 1.0MM shares. That dividend payment for him was so he could pay the alimony to all his ex-wives...and struggle to put his kid(s) through college. Hah!!!

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Post ID: @5uko+XxQm3N0

All I can say is I wish the current CEO had been there when I was. At least he's got some sort of plan and idea for growth. PR was a financial engineer. Had no clue how to run a company and actually grow the thing. He convinced the board to runoff the founder so he could merge with Encore. That was stupid. I can count billions of reasons why he should never have run the company. The old Sr. VP of RE didn't help either, but the board got him out of the way as well.

I think CK could clean the place up if the market would give him a chance. Diversification of operations is good for a company and that's what Penn Virginia provides. EOR with PV.....maybe some day far in the future. But good cashflow from an area that receives a premium to NYMEX...great idea!!! There's a reason EOG, COP and many other larger companies are wanting to grow there. This acquisition could be a great source of cash in a couple years if they spun it off to someone bigger.

He's got the right idea, but unfortunately he inherited a bag of s**t from PR. Seems like he's trying to actually build a company.

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Post ID: @5sow+XxQm3N0

It’s not a great place to work when you’re pushed out because you’re a woman in a man’s job! Evidently you have to be in the “Good Ole Boys Club”

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Post ID: @5lcz+XxQm3N0

Why do you keep coming back to this page trying to get people to leave when you have already left?

Let go and move on.

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Post ID: @1eod+XxQm3N0

Why all the long faces? Was the annual bonus payout poor?

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Post ID: @1prg+XxQm3N0

Every company changes and evolves. You can’t expect everything to stay the same. It’s still a great place to work with hard working people who care. If people don’t want to stay, they should go.

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Post ID: @1npn+XxQm3N0

Grass is always greener on the other side. Denbury still has potential.

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Post ID: @1asq+XxQm3N0

It’s a great place to work, which is what it’s always been. So WTF are you talking about?

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Post ID: @1vuc+XxQm3N0

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