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Denbury Resources Inc (DNR) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Denbury Resources Inc (DNR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Denbury Resources Inc is a part of the energy sector. Its business is to explore and produce oil and gas resources in the United States. Denbury Resources Inc has a market cap of $884.073 million; its shares were traded at around $1.92 with a P/E ratio of 2.70 and P/S ratio of 0.60.


For the last quarter Denbury Resources Inc reported a revenue of $336.1 million, compared with the revenue of $321.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, an increase of 30.3% from last year. For the last five years Denbury Resources Inc had an average revenue decline of 14% a year.

The reported diluted earnings per share was 71 cents for the year, compared with the loss per share of $1.81 in the previous year. The Denbury Resources Inc enjoyed an operating margin of 37.04%, compared with the operating margin of 19.39% a year before. The 10-year historical median operating margin of Denbury Resources Inc is 32.65%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Denbury Resources Inc has the cash and cash equivalents of $38.6 million, compared with $0.06 million in the previous year. The company had no long term debt, compared with $3 billion in the previous year. The interest coverage to the debt is 7.7. Denbury Resources Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $1.92, Denbury Resources Inc is traded at 75.1% discount to its historical median P/S valuation band of $7.70. The P/S ratio of the stock is 0.60, while the historical median P/S ratio is 2.42. The stock lost 12.33% during the past 12 months.

For the complete 20-year historical financial data of DNR, click here.

This article first appeared on GuruFocus.