[ TRANSACTION RECORD ]

ExxonMobil Investment in Denbury Inc. — 2023

VERIFIED VECTOR ID: 001516 · tx-044
M SOURCE NODE — FUNDER
ExxonMobil
Energy United States
$4,900,000,000
EQUITY
13/11/2023
Q DESTINATION NODE — RECIPIENT
Denbury Inc.
Company United States
Amount (USD)
$4.9B
Flow Type
EQUITY
Transaction Date
13/11/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity ExxonMobil
AUM 440000
HQ Location United States
Sector Energy
Recipient Profile [ Q ]
Entity Denbury Inc.
Entity Type Company
Jurisdiction United States
Intelligence Note

ExxonMobil completed the 4.9 billion dollar acquisition of Denbury Inc. to acquire the largest CO2 pipeline network in the United States. The transaction accelerates Exxon’s low-carbon solutions and carbon capture and storage initiatives. This deal represents a major institutional investment in the infrastructure required for industrial decarbonization.

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Primary Forensic Source https://corporate.exxonmobil.com/news/news-releases/2023/1113_exxonmobil-completes-acquisition-of-denbury/
✓ SOURCE LINKED