On Friday, Shares of Denbury Resources Inc. (NYSE:DNR), added 2.54% and closed at $3.23 in the last trading session. The last trading range of the stock ranges between $3.09 and $3.33. Denbury Resources Inc. (DNR) (“Denbury” or the “Company”) recently declared that as part of its ongoing succession planning process, the Board of Directors has promoted Chris Kendall to President of the Company. Mr. Kendall will assume this position from Denbury’s Chief Executive Officer, Phil Rykhoek. Mr. Kendall joined Denbury as Chief Operating Officer in September 2015, and will continue to serve in that role until a successor is named.
Phil Rykhoek, CEO of Denbury commented, “The board and I congratulate Chris on this well-deserved promotion in recognition of his noteworthycontribution to our improved operations, as evidenced by our lower costs and improved efficiencies. Chris is a pleasure to work with and I anticipate that his expanded responsibilities will further enhance our continuing efforts to increase the value of the Company for our shareholders and employees.”
Mr. Kendall has over 27 years of experience in the oil and gas industry, holding various technical and leadership roles, both international and domestic. Before joining Denbury, he spent 14 years with Noble Energy, most recently as Senior Vice President, Global Operations Services. His prior assignments at Noble Energy include serving as Vice President, Gulf of Mexico, and as Business Unit Manager and Vice President, Noble Energy Mediterranean Ltd.
Chevron Corporation (NYSE:CVX), jumped 1.63% and closed at $102.92 in the last trading session. The last trading range of the stock ranges between $101.23 and $103.60. The company’s Market capitalization is $197.32 Billion with the total Outstanding Shares of 1.89 Billion. San Ramon, CA, Sept. 30, 2016 (GLOBE NEWSWIRE) —
Chevron Corporation (CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, October 28, 2016, at 11:00 a.m. ET (8:00 a.m. PT).