Denbury Inc.

NYSE: DEN

Updated Mar 29, 2026

Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

Upstream · Carbon Capture & EOR

Denbury Inc.

DEN

Denbury is a carbon capture, utilization, and storage (CCUS) and enhanced oil recovery (EOR) company with significant operations in the Gulf Coast region.

Founded: 1990
Employees: 900
Revenue: $1.6B
HQ: Plano, TX (Houston Operations)

Carbon Capture CCUSEnhanced Oil RecoveryCO2 PipelinesGulf Coast Operations

Denbury Inc. is an energy transition company focused on carbon capture, utilization, and storage (CCUS) and enhanced oil recovery (EOR) using CO2 injection. The company operates the largest CO2 pipeline network in the Gulf Coast region, positioning it uniquely at the intersection of traditional oil production and low-carbon energy solutions. Denbury's EOR operations use CO2 that would otherwise be emitted into the atmosphere, making its production among the lowest carbon intensity in the industry.

Headquarters

Plano, TX (Houston Operations)

Founded

1990

Employees

900

Revenue

$1.6B

CEO

Chris Kendall

Website

denbury.com

History of Denbury Inc.

Denbury was founded in 1990 and built its operations around tertiary oil recovery using carbon dioxide flooding. The company pioneered the use of naturally occurring and industrial-source CO2 for enhanced oil recovery in Mississippi and Texas. In recent years, Denbury has pivoted to emphasize its CCUS capabilities, leveraging its extensive CO2 pipeline infrastructure to serve industrial emitters seeking to capture and sequester carbon dioxide. ExxonMobil acquired Denbury in 2023.

Operations & Business Segments

Denbury operates approximately 1,300 miles of CO2 pipelines across the Gulf Coast, connecting industrial CO2 sources with injection sites. The company's EOR operations span Mississippi, Texas, and Louisiana, producing oil through CO2 flooding of mature reservoirs. Denbury's CCUS business provides carbon capture and transportation services to industrial facilities, including refineries, chemical plants, and power stations.

Headquarters Location

Plano, TX (Houston Operations)

Key Specialties & Capabilities

Carbon Capture CCUSEnhanced Oil RecoveryCO2 PipelinesGulf Coast OperationsEnergy TransitionLow-Carbon Production

Frequently Asked Questions About Denbury Inc.

What does Denbury do?▾

Denbury is a CCUS and enhanced oil recovery company that uses CO2 injection to produce oil and provide carbon sequestration services.

Where is Denbury headquartered?▾

Denbury is headquartered in Plano, Texas with significant operations in the Houston area and Gulf Coast.

What makes Denbury unique?▾

Denbury operates the largest CO2 pipeline network in the Gulf Coast and is a leader in using industrial CO2 for enhanced oil recovery and carbon sequestration.

What does Denbury Inc. do in Houston?▾

Denbury Inc. is a upstream company based in Plano, TX (Houston Operations). Denbury is a carbon capture, utilization, and storage (CCUS) and enhanced oil recovery (EOR) company with significant operations in the Gulf Coast region.

Where is Denbury Inc. headquartered?▾

Denbury Inc. is headquartered in Plano, TX (Houston Operations), founded in 1990. The company operates in Houston's energy corridor as part of the upstream sector.