Denbury Resources Reviews

Updated July 7, 2015
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Denbury Resources CEO Phil Rykhoek
Phil Rykhoek
13 Ratings

30 Employee Reviews

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  1. Great Place to Work!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Plano, TX
    Current Employee - Anonymous Employee in Plano, TX

    I have been working at Denbury Resources full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Top notch employees, unique culture, benefits and compensation, "open door" offices, relaxed dress, fringe benefits (i.e. cafe, meals to go, events, etc.)

    Cons

    Lack of upward mobility, unpredictable market


  2. Lots of highs and lows, you'll love it or maybe hate it

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Denbury Resources full-time

    Pros

    Techs get more recognition and respect than they would most anywhere else. You get a lot of opportunities to speak with management, they are very accessible. Creativity is welcome. Great place to work when oil prices are over 70 or 80 $/bbl. Relaxed atmosphere... usually.

    Cons

    Management is "different" than most and not all of that is good. Many of them don't seem to "get it". The Denbury culture has it's good points but I think it does more harm than good when oil prices fall below a certain level.

    Advice to Management

    Don't "throw the baby out with the bath water". Panic seems to set in when prices are low and it seems as if reason and "who you are" is lost. Figure out what is "really" wrong and don't have a knee-jerk reaction. Just fix it with care and consideration.


  3. Helpful (10)

    No longer a top 100 company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Denbury Resources

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good benefits. Intelligent, innovative and intuitive employees. Dedicated employees make up for poor management.

    Cons

    Current Lay offs, possible future lay offs !! Poor job security. Continuous reduction in benefits. Poor middle management. Managers valued more than long term employees. There really is no reason to water down the condiments in the kitchen to save a buck.

    Advice to Management

    Too many managers that don't know how to manage. Reduction in benefits, terrible stock price, bonus delays and lay offs make this just an average company to work for. Denbury should no longer be considered a top 100 company.


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  5. Helpful (3)

    At first thought it was a great company. No longer think that and glad I moved on.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Plano, TX
    Former Employee - Administrative Assistant in Plano, TX

    I worked at Denbury Resources full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Pay and benefits were good. Really nothing else was good.

    Cons

    Where do I begin. Poor leadership. No advancement, gossiping, clicky, stressful place to work. VERY HIGH turnover. Unstable place to work.

    Advice to Management

    Support your good employees and take the bad ones away. Bad employees were rewarded, good employees were let go.


  6. Tech

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineering Tech in Krugerville, TX
    Current Employee - Engineering Tech in Krugerville, TX

    I have been working at Denbury Resources (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great people and benefits. Always an opportunity for advancement.

    Cons

    Some people whine about actually working the full 40 hours. Imagine that, an employer that expects their employees to work what they are getting paid for,


  7. Helpful (7)

    a lot of unhappy employees

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Denbury Resources

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    compensation, benefits, nice location, free lunch

    Cons

    Management does not hold employees accountable. If someone is not meeting expectations the answer is to reassign the work to someone else. There are people working there who management knows are incompetent but because they have been there for a long time they are allowed to remain there anyway, this includes members of management. There were a lot of unhappy people working there.


  8. Helpful (3)

    Mom and pop oil and gas reting to compete in real world

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Denbury Resources full-time

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Very casual work environment, low key culture is seductive- holdover from early days Business model is focused on CO2 EOR Executive managment is accessible

    Cons

    Paternal culture is very popular but does not tie to company performance or profitability Culture is slowly adapting to reality of modern business, legacy employees still feel entitled, slow to embrace change

    Advice to Management

    Continue to grow accountability and reward impactful results. Weed out legacy deadwood, they are not doing you any favors. Grow expectations for technical excellence and cost reduction goals.


  9. Helpful (3)

    Supply chain contracts

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant-Supply Chain Contracts in Plano, TX
    Former Employee - Administrative Assistant-Supply Chain Contracts in Plano, TX

    I worked at Denbury Resources full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great benefits, nice building, cafe, good pay

    Cons

    Horrible management, office politics, tremendously disorganized, favori

    Advice to Management

    Hire people who are genuinely qualified and not simply because you know them.


  10. Helpful (1)

    Geology summer intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Plano, TX
    Former Employee - Intern in Plano, TX

    I worked at Denbury Resources

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The company has a great intern program. It was my first internship experience and they were helpful not only getting me started on my project but making sure I felt like I was part of the team. I was able to work within a multidisciplinary team on a weekly bases and learned more than I was expecting. I was given a set project however had the liberty to expand and include additional parts and groups as I felt necessary.

    Cons

    I did not experience any major cons during my time with Denbury


  11. Helpful (1)

    All in all, a great company to work for.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Denbury Resources

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very competitive pay and benefits. Chance to work a 9/80 work schedule. Exceptional co-workers that are great to work with.

    Cons

    Like most companies in the industry, Denbury is currently experiencing a low oil price environment , hence, is making the necessary adjustments to bring positive results for shareholders. However, Denbury is built for the future with its sequestration process and will be a proven leader in the industry for the years to come.



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