Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. It holds interests in various oil and natural gas properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2018, the company had 262 million barrels of oil equivalent of estimated proved oil and natural gas reserves, including 255 million barrels of crude oil, and condensate and natural gas liquids, as well as 43 billion cubic feet of natural gas. Denbury Resources Inc. was founded in 1951 and is headquartered in Plano, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone972-673-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.47 billion
Profitability
Miscellaneous
Employees847
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable
Denbury Resources (NYSE:DNR) Frequently Asked Questions
What is Denbury Resources' stock symbol?
Denbury Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "DNR."
How were Denbury Resources' earnings last quarter?
Denbury Resources Inc. (NYSE:DNR) released its quarterly earnings data on Wednesday, February, 27th. The oil and natural gas company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The oil and natural gas company earned $336 million during the quarter, compared to analyst estimates of $329.65 million. Denbury Resources had a return on equity of 23.95% and a net margin of 21.90%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.12 earnings per share. View Denbury Resources' Earnings History.
When is Denbury Resources' next earnings date?
How can I listen to Denbury Resources' earnings call?
Denbury Resources will be holding an earnings conference call on Tuesday, May 7th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for DNR?
8 equities research analysts have issued 1 year price objectives for Denbury Resources' stock. Their forecasts range from $3.00 to $9.00. On average, they expect Denbury Resources' stock price to reach $4.9429 in the next twelve months. This suggests a possible upside of 160.2% from the stock's current price. View Analyst Price Targets for Denbury Resources.
What is the consensus analysts' recommendation for Denbury Resources?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Denbury Resources in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Denbury Resources.
Has Denbury Resources been receiving favorable news coverage?
News headlines about DNR stock have trended very negative on Thursday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Denbury Resources earned a news sentiment score of -3.6 on InfoTrie's scale. They also gave press coverage about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.
Are investors shorting Denbury Resources?
Denbury Resources saw a drop in short interest during the month of February. As of February 28th, there was short interest totalling 69,873,056 shares, a drop of 4.8% from the February 15th total of 73,434,455 shares. Based on an average daily trading volume, of 10,297,247 shares, the days-to-cover ratio is presently 6.8 days. Approximately 15.4% of the company's stock are short sold. View Denbury Resources' Current Options Chain.
Who are some of Denbury Resources' key competitors?
Some companies that are related to Denbury Resources include Magnolia Oil & Gas (MGY), PDC Energy (PDCE), Range Resources (RRC), Antero Resources (AR), Centennial Resource Development (CDEV), ARC Resources (AETUF), Southwestern Energy (SWN), Kosmos Energy (KOS), Tellurian (TELL), Whiting Petroleum (WLL), Matador Resources (MTDR), Jagged Peak Energy (JAG), DELEK GRP LTD/ADR (DGRLY), CNX Resources (CNX) and Enerplus (ERF).
What other stocks do shareholders of Denbury Resources own?
Who are Denbury Resources' key executives?
Denbury Resources' management team includes the folowing people:
- Mr. Christian S. Kendall, Pres, CEO & Director (Age 52)
- Mr. Mark C. Allen CPA, Exec. VP, CFO, Treasurer & Assistant Sec. (Age 51)
- Mr. James Stanley Matthews, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 57)
- Mr. David Sheppard, Sr. VP of Operations (Age 47)
- Mr. Alan Rhoades, VP & Chief Accounting Officer (Age 54)
Who are Denbury Resources' major shareholders?
Denbury Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.59%), FMR LLC (4.80%), Dimensional Fund Advisors LP (4.53%), Dimensional Fund Advisors LP (4.53%), Norges Bank (1.64%) and Bank of New York Mellon Corp (1.44%). Company insiders that own Denbury Resources stock include Greg Mcmichael, James S Matthews and Laura A Sugg. View Institutional Ownership Trends for Denbury Resources.
Which major investors are selling Denbury Resources stock?
DNR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Two Sigma Investments LP, Connor Clark & Lunn Investment Management Ltd., KBC Group NV, Northern Trust Corp, Two Sigma Advisers LP, Nomura Holdings Inc. and California Public Employees Retirement System. Company insiders that have sold Denbury Resources company stock in the last year include Greg Mcmichael, James S Matthews and Laura A Sugg. View Insider Buying and Selling for Denbury Resources.
Which major investors are buying Denbury Resources stock?
DNR stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Canada Pension Plan Investment Board, Millennium Management LLC, Bank of Montreal Can, MERIAN GLOBAL INVESTORS UK Ltd, D. E. Shaw & Co. Inc., BlackRock Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Denbury Resources.
How do I buy shares of Denbury Resources?
Shares of DNR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Denbury Resources' stock price today?
One share of DNR stock can currently be purchased for approximately $1.90.
How big of a company is Denbury Resources?
Denbury Resources has a market capitalization of $874.84 million and generates $1.47 billion in revenue each year. The oil and natural gas company earns $322.70 million in net income (profit) each year or $0.48 on an earnings per share basis. Denbury Resources employs 847 workers across the globe.
What is Denbury Resources' official website?
How can I contact Denbury Resources?
Denbury Resources' mailing address is 5320 Legacy Drive, Plano TX, 75024. The oil and natural gas company can be reached via phone at 972-673-2000 or via email at [email protected]
MarketBeat Community Rating for Denbury Resources (NYSE DNR)
MarketBeat's community ratings are surveys of what our community members think about Denbury Resources and other stocks. Vote "Outperform" if you believe DNR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DNR will underperform the S&P 500 over the long term. You may vote once every thirty days.
