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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:DNR
Previous Symbol
CUSIP24791620
Phone972-673-2000
Debt
Debt-to-Equity Ratio2.80
Current Ratio0.55
Quick Ratio0.55
Price-To-Earnings
Trailing P/E Ratio15.00
Forward P/E Ratio4.38
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.13 billion
Price / Sales0.86
Cash Flow$0.6158 per share
Price / Cash Flow3.41
Book Value$1.61 per share
Price / Book1.30
Profitability
EPS (Most Recent Fiscal Year)$0.14
Net Income$163.15 million
Net Margins18.81%
Return on Equity27.79%
Return on Assets4.88%
Miscellaneous
Employees879
Outstanding Shares460,550,000
Market Cap$1.03 billion
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) announced its quarterly earnings data on Thursday, November, 8th. The oil and natural gas company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. The oil and natural gas company had revenue of $395 million for the quarter, compared to analyst estimates of $348.39 million. Denbury Resources had a net margin of 18.81% and a return on equity of 27.79%. The business's quarterly revenue was up 48.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.04 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 Thursday, February 21st 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 brokerages have issued 1 year price targets for Denbury Resources' shares. Their predictions range from $3.00 to $9.00. On average, they anticipate Denbury Resources' stock price to reach $4.9429 in the next year. This suggests a possible upside of 135.4% 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 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Denbury Resources.
Has Denbury Resources been receiving favorable news coverage?
Media headlines about DNR stock have been trending positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Denbury Resources earned a news sentiment score of 2.6 on InfoTrie's scale. They also gave headlines about the oil and natural gas company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock's share price in the next several days.
Are investors shorting Denbury Resources?
Denbury Resources saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 60,958,678 shares, an increase of 2.7% from the November 15th total of 59,342,248 shares. Based on an average trading volume of 13,307,781 shares, the short-interest ratio is presently 4.6 days. Approximately 13.4% of the shares of the company 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 Antero Resources (AR), Vermilion Energy (VET), Viper Energy Partners (VNOM), Range Resources (RRC), Black Stone Minerals (BSM), Newfield Exploration (NFX), Magnolia Oil & Gas (MGY), CNX Resources (CNX), Whiting Petroleum (WLL), Southwestern Energy (SWN), Chesapeake Energy (CHK), Matador Resources (MTDR), ARC Resources (AETUF), Jagged Peak Energy (JAG) and PDC Energy (PDCE).
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)
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. (14.32%), Vanguard Group Inc. (13.43%), FMR LLC (6.15%), Dimensional Fund Advisors LP (4.35%), Alliancebernstein L.P. (4.10%) and JPMorgan Chase & Co. (3.62%). 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 Soros Fund Management LLC, Connor Clark & Lunn Investment Management Ltd., Wells Fargo & Company MN, Acadian Asset Management LLC, Renaissance Technologies LLC, Thrivent Financial for Lutherans, First Trust Advisors LP and Paloma Partners Management Co. 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 Alliancebernstein L.P., BlackRock Inc., FMR LLC, JPMorgan Chase & Co., Vanguard Group Inc., Morgan Stanley, MERIAN GLOBAL INVESTORS UK Ltd and American Century Companies Inc.. 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 $2.10.
How big of a company is Denbury Resources?
Denbury Resources has a market capitalization of $1.03 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.
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.
