About Denbury Resources (NYSE:DNR)
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, 2017, the company had 259.7 million barrels of oil equivalent of estimated proved oil and natural gas reserves. 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
SymbolNYSE:DNR
CUSIP24791620
Phone972-673-2000
Debt
Debt-to-Equity Ratio4.60%
Current Ratio0.44%
Quick Ratio0.44%
Price-To-Earnings
Trailing P/E Ratio23.71
Forward P/E Ratio8.51
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.13 billion
Price / Sales1.18
Cash Flow$0.6707 per share
Price / Cash4.95
Book Value$1.61 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$0.14
Net Income$163.15 million
Net Margins14.44%
Return on Equity10.20%
Return on Assets1.26%
Miscellaneous
Employees879
Outstanding Shares401,920,000
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 (NYSE:DNR) announced its earnings results on Thursday, February, 22nd. The oil and natural gas company reported $0.12 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.05. The oil and natural gas company earned $321 million during the quarter, compared to analysts' expectations of $310.27 million. Denbury Resources had a net margin of 14.44% and a return on equity of 10.20%. The firm's revenue was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.02) earnings per share. View Denbury Resources' Earnings History.
When is Denbury Resources' next earnings date?
What price target have analysts set for DNR?
8 equities research analysts have issued 1-year target prices for Denbury Resources' shares. Their forecasts range from $1.00 to $2.50. On average, they anticipate Denbury Resources' stock price to reach $1.75 in the next twelve months. View Analyst Ratings for Denbury Resources.
Are investors shorting Denbury Resources?
Denbury Resources saw a decrease in short interest during the month of April. As of April 13th, there was short interest totalling 65,732,715 shares, a decrease of 14.0% from the March 30th total of 76,450,428 shares. Based on an average daily volume of 10,869,816 shares, the days-to-cover ratio is currently 6.0 days. Approximately 16.6% of the shares of the stock are short sold.
Who are some of Denbury Resources' key competitors?
Some companies that are related to Denbury Resources include Murphy Oil (MUR), Centennial Resource Dev (CDEV), Crescent Point Energy (CPG), Vermilion Energy (VET), ARC Resources (AETUF), Whiting Petroleum (WLL), Matador Resources (MTDR), PDC Energy (PDCE), Black Stone Minerals (BSM), Range Resources (RRC), Oasis Petroleum (OAS), Viper Energy Partners (VNOM), Jagged Peak Energy (JAG), Qep Resources (QEP) and Enerplus (ERF).
Who are Denbury Resources' key executives?
Denbury Resources' management team includes the folowing people:
- Mr. Christian S. Kendall, CEO, Pres & Director (Age 51)
- Mr. Mark C. Allen CPA, Exec. VP, CFO, Treasurer & Assistant Sec. (Age 50)
- Mr. James Stanley Matthews, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 56)
- Mr. David Sheppard, Sr. VP of Operations (Age 46)
- Mr. Alan Rhoades, VP & Chief Accounting Officer (Age 53)
Has Denbury Resources been receiving favorable news coverage?
Headlines about DNR stock have been trending positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Denbury Resources earned a news impact score of 0.28 on Accern's scale. They also gave news coverage about the oil and natural gas company an impact score of 46.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $3.32.
How big of a company is Denbury Resources?
Denbury Resources has a market capitalization of $1.30 billion and generates $1.13 billion in revenue each year. The oil and natural gas company earns $163.15 million in net income (profit) each year or $0.14 on an earnings per share basis. Denbury Resources employs 879 workers across the globe.
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 (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.
Denbury Resources (NYSE:DNR) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Denbury Resources in the last 12 months. Their average twelve-month price target is $1.75, suggesting that the stock has a possible downside of 47.29%. The high price target for DNR is $2.50 and the low price target for DNR is $1.00. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 1.78 |
| Ratings Breakdown: | 1 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
5 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $1.75 | $1.75 | $2.0714 | $2.1250 |
| Price Target Upside: | 47.29% downside | 25.85% downside | 14.76% downside | 59.77% upside |
Denbury Resources (NYSE:DNR) Consensus Price Target History
Denbury Resources (NYSE:DNR) Analyst Ratings History
Show:
(Data available from 4/27/2016 forward)
Denbury Resources (NYSE:DNR) Dividend Information
Denbury Resources pays an annual dividend of $0.00 per share, with a dividend yield of 0.00%. DNR's most recent quarterly dividend payment was Tuesday, September 29. Denbury Resources pays out 0.00% of its earnings out as a dividend.
| Most Recent Dividend: | 9/29/2015 |
| Dividend Yield: | 0.00% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|
Denbury Resources (NYSE:DNR) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/28/2015 | quarterly | $0.0625 | 6.04% | 8/21/2015 | 8/25/2015 | 9/29/2015 |
| 4/28/2015 | quarterly | $0.0625 | 2.84% | 5/21/2015 | 5/26/2015 | 6/30/2015 |
| 1/27/2015 | quarterly | $0.0625 | 3.86% | 2/20/2015 | 2/24/2015 | 3/31/2015 |
| 10/28/2014 | quarterly | $0.0625 | 1.98% | 11/21/2014 | 11/25/2014 | 12/30/2014 |
| 7/29/2014 | quarterly | $0.0625 | 1.45% | 8/22/2014 | 8/26/2014 | 9/30/2014 |
| 4/29/2014 | quarterly | $0.0625 | 1.49% | 5/22/2014 | 5/27/2014 | 6/24/2014 |
| 1/29/2014 | special | $0.0563 | | 2/21/2014 | 2/25/2014 | 3/25/2014 |
| 1/28/2014 | quarterly | $0.0625 | | 2/21/2014 | 2/25/2014 | 3/25/2014 |
(Data available from 1/1/2013 forward)
Denbury Resources (NYSE DNR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.20%
Institutional Ownership Percentage: 81.24%
Denbury Resources (NYSE DNR) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/19/2018 | Laura A Sugg | Director | Sell | 12,500 | $3.26 | $40,750.00 | 128,341 |  |
| 4/10/2018 | Laura A Sugg | Director | Sell | 12,500 | $3.00 | $37,500.00 | 140,841 | |
| 4/5/2018 | Laura A Sugg | Director | Sell | 12,500 | $2.80 | $35,000.00 | 153,341 | |
| 3/27/2017 | Greg Mcmichael | Director | Sell | 16,000 | $2.23 | $35,680.00 | 73,379 | |
| 8/15/2016 | Greg Mcmichael | Director | Sell | 10,000 | $3.13 | $31,300.00 | 89,379 | |
| 9/12/2014 | James S Matthews | SVP | Sell | 6,000 | $15.99 | $95,940.00 | | |
| 6/30/2014 | Ronald G Greene | Director | Sell | 50,000 | $18.45 | $922,500.00 | | |
| 6/27/2014 | Ronald G Greene | Director | Sell | 25,000 | $18.50 | $462,500.00 | | |
| 6/25/2014 | Ronald G Greene | Director | Sell | 75,000 | $18.33 | $1,374,750.00 | | |
| 6/20/2014 | Greg Mcmichael | Director | Sell | 12,000 | $18.37 | $220,440.00 | | |
| 6/16/2014 | Mark C Allen | CFO | Sell | 25,708 | $17.95 | $461,458.60 | | |
| 5/30/2014 | Alan Rhoades | CAO | Sell | 10,000 | $16.88 | $168,800.00 | | |
| 5/21/2014 | James Matthews | VP | Sell | 5,000 | $16.80 | $84,000.00 | 78,572 | |
| 5/12/2014 | Charles Gibson | SVP | Sell | 15,000 | $17.11 | $256,650.00 | 171,882 | |
| 3/24/2014 | James Matthews | VP | Sell | 2,000 | $16.20 | $32,400.00 | 68,196 | |
| 8/8/2013 | James Matthews | VP | Sell | 6,291 | $17.22 | $108,331.02 | 54,911 | |
| 3/22/2013 | Ronald G Greene | Director | Sell | 20,000 | $18.63 | $372,600.00 | | |
| 12/31/2012 | Kenneth Craig Mcpherson | COO | Buy | 1,222 | $16.12 | $19,698.64 | | |
| 12/31/2012 | Mark C Allen | CFO | Buy | 1,149 | $16.12 | $18,521.88 | | |
| 12/31/2012 | Phil Rykhoek | CEO | Buy | 1,694 | $16.12 | $27,307.28 | | |
(Data available from 1/1/2013 forward)
Denbury Resources (NYSE DNR) News Headlines
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Denbury Resources (NYSE:DNR) SEC Filings
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Denbury Resources (NYSE:DNR) Income Statement, Balance Sheet and Cash Flow Statement
Denbury Resources (NYSE DNR) Stock Chart for Friday, April, 27, 2018
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