DNR - Denbury Resources Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
1.0200
-0.1000 (-8.93%)
As of 2:10PM EDT. Market open.
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Previous Close1.1200
Open1.0900
Bid1.0200 x 46000
Ask1.0300 x 1100
Day's Range1.0100 - 1.1100
52 Week Range0.8700 - 6.7500
Volume9,759,114
Avg. Volume13,303,925
Market Cap462.535M
Beta (3Y Monthly)2.78
PE Ratio (TTM)1.25
EPS (TTM)0.8150
Earnings DateNov 6, 2019 - Nov 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-08-21
1y Target Est1.62
Trade prices are not sourced from all markets
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  • TheStreet.com

    How to Extract Pretty Profits from Ugly Stocks

    It's a process that involves harvesting gains by repeatedly writing call options against stocks steadily in decline.

  • Denbury (DNR) Q2 Earnings Beat on Higher Oil Price Realization
    Zacks

    Denbury (DNR) Q2 Earnings Beat on Higher Oil Price Realization

    Denbury Resources' (DNR) second-quarter results are supported by higher commodity price realizations and cost efficiency, partially offset by lower production volumes.

  • Thomson Reuters StreetEvents

    Edited Transcript of DNR earnings conference call or presentation 7-Aug-19 3:00pm GMT

    Q2 2019 Denbury Resources Inc Earnings Call

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    Implied Volatility Surging for Denbury (DNR) Stock Options

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  • Denbury Resources Inc (DNR) Q2 2019 Earnings Call Transcript
    Motley Fool

    Denbury Resources Inc (DNR) Q2 2019 Earnings Call Transcript

    DNR earnings call for the period ending June 30, 2019.

  • Denbury Resources Continued Spinning Its Wheels in Q2
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    Denbury Resources Continued Spinning Its Wheels in Q2

    The enhanced oil-recovery specialist did make some incremental progress on its strategic plan.

  • Denbury Resources (DNR) Surpasses Q2 Earnings and Revenue Estimates
    Zacks

    Denbury Resources (DNR) Surpasses Q2 Earnings and Revenue Estimates

    Denbury Resources (DNR) delivered earnings and revenue surprises of 44.44% and 3.36%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Denbury Resources Reports Second Quarter 2019 Results, Achieves Record Production Volumes at Bell Creek

    PLANO, Texas, Aug. 07, 2019 -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced net income of $147 million, or $0.32 per diluted share, for the.

  • What's in Store for Denbury Resources' (DNR) Q2 Earnings?
    Zacks

    What's in Store for Denbury Resources' (DNR) Q2 Earnings?

    Denbury Resources' (DNR) second-quarter 2019 results are expected to be hit by lower oil production and prices.

  • Those Who Purchased Denbury Resources (NYSE:DNR) Shares Five Years Ago Have A 94% Loss To Show For It
    Simply Wall St.

    Those Who Purchased Denbury Resources (NYSE:DNR) Shares Five Years Ago Have A 94% Loss To Show For It

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  • Where Will Denbury Resources Be in 1 Year?
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    Where Will Denbury Resources Be in 1 Year?

    After scrapping its planned acquisition of Penn Virginia, this oil driller is hitting the reset button and falling back on its old goals.

  • Why Oil Stocks Are Getting Crushed Today
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  • Earnings Preview: Denbury Resources (DNR) Q2 Earnings Expected to Decline
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    Earnings Preview: Denbury Resources (DNR) Q2 Earnings Expected to Decline

    Denbury Resources (DNR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Will Oil Prices Trend Lower in August?
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    Will Oil Prices Trend Lower in August?

    In the next 24 trading sessions or until the end of August, US crude oil prices will likely close at $51.93–$60.47 per barrel.

  • GlobeNewswire

    Denbury Announces Release Date for Second Quarter 2019 Results and Conference Call

    PLANO, Texas, July 25, 2019 -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) will host a conference call to review and discuss second quarter 2019 financial.

  • Which Energy Stocks Missed Oil’s Upside?
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  • Why Denbury Resources Stock Sank Almost 14% in June
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    Why Denbury Resources Stock Sank Almost 14% in June

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  • Why the Earnings Surprise Streak Could Continue for Denbury Resources (DNR)
    Zacks

    Why the Earnings Surprise Streak Could Continue for Denbury Resources (DNR)

    Denbury Resources (DNR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • Here’s What Hedge Funds Think About Denbury Resources Inc. (DNR)
    Insider Monkey

    Here’s What Hedge Funds Think About Denbury Resources Inc. (DNR)

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]

  • Implied Volatility Surging for Denbury Resources (DNR) Stock Options
    Zacks

    Implied Volatility Surging for Denbury Resources (DNR) Stock Options

    Investors need to pay close attention to Denbury Resources (DNR) stock based on the movements in the options market lately.

  • Concho Resources and Denbury Resources Buck Oil’s Rise
    Market Realist

    Concho Resources and Denbury Resources Buck Oil’s Rise

    All of the oil-weighted stocks except Concho Resources (CXO) and Denbury Resources (DNR) ended in the green. Concho Resources was unchanged, while Denbury Resources fell 0.8%.

  • Rising Oil Prices Will Test Frackers
    Bloomberg

    Rising Oil Prices Will Test Frackers

    (Bloomberg Opinion) -- The quarterly energy survey by the Federal Reserve Bank of Dallas is required reading in oil and gas circles, not least because of the anonymous quotations from participants:We see oversupply, oversupply and oversupply of both oil and gas ...That particular respondent from the oilfield services sector, featured in Wednesday’s release, sure seems concerned about something. As well they might. Oilfield services stocks are even less popular than those pariahs known as exploration and production stocks. The reason, as I laid out here, is that the route back to redemption for E&P companies involves diverting more cash flow toward shareholders and less toward the sort of spending that boosts the top line for oilfield services contractors.The sector’s problems can be summed up in this chart. It shows index readings for business activity among E&P and services firms, as collated by the Dallas Fed. It also shows readings for the change in oil and gas production. These numbers are derived by subtracting the percentage of companies reporting a decrease in output from the percentage reporting an increase (I ignore the proportion reporting no change).Back in early 2016, everyone knew where they stood: in a hole, with oil having just dipped below $30 a barrel. But activity and production bounced back relatively quickly. Most pertinent to the current situation is that uptick in activity and the prevalence of production growth, especially for oil, last summer. That was when expectations of imminent Iranian sanctions from Washington sparked a big rally in oil prices – and led E&P companies to quickly abandon the spending discipline they had touted in early 2018. The subsequent head-fake on Iran in the fall, combined with surging U.S. oil supply running into an unusually weak fourth quarter for demand, trashed prices, stocks – and the last sliver of credibility the sector had with investors.As concerns about oil demand have blunted the impact of this year’s escalation in U.S.-Iranian tensions, so E&P firms have recommitted to discipline. That looks real enough, judging by the index readings on activity. Some respondents also mentioned the impact of disinterested investors and distrusting lenders in curbing drilling.But juggernauts this big don’t brake on a dime. While the proportion of E&P firms telling the Dallas Fed that output fell has risen from about 18% in the fourth quarter of 2018 to about 26% in the current quarter, more than 70% report flat or increasing production, and weighted toward the latter. Even in natural gas, a market so awash that prices in West Texas have turned negative on some days this year, almost 40% of respondents reported an increase in production.The cure for low prices is usually low prices, but the productivity gains of recent years in shalelandia – funded in part by contractors’ pain and investors’ prior indulgence – have kept moving that bar lower. The latest washout in stock valuations may provide the impetus needed for discipline to take hold, which could tempt investors back to the E&P sector (services, not so much).The test for that may already be upon us. At the moment the dour Dallas Fed survey results went up Wednesday morning, the Energy Information Administration was reporting a big drop in oil inventories last week, pushing up prices. Naturally, the most highly levered, volatile stocks such as California Resources Corp. and Denbury Resources Inc. leaped.A combination of a trade truce between the U.S. and China at this weekend’s G-20 festivities and more flare-ups in the Persian Gulf could provide a further tailwind for prices heading into the traditionally strong summer season for oil demand. Respondents’ comments suggest little faith in peace breaking out on trade; and one rather delicately indicated a different kind of war might be more relevant:A reversal in the current supply/demand relationship will likely depend on the occurrence of an event or events that are less than desirable.For investors, though, it’s less about what oil prices do and more about what E&P management teams do with them. If a summer spike reawakens the impulse to drill, we’ll get cheerier Dallas Fed readings at odds with listless stocks.To contact the author of this story: Liam Denning at ldenning1@bloomberg.netTo contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities. He previously was editor of the Wall Street Journal's Heard on the Street column and wrote for the Financial Times' Lex column. He was also an investment banker.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Are Investors Undervaluing Denbury Resources Inc. (NYSE:DNR) By 47%?
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  • Moody's

    Denbury Resources Inc. -- Moody's changes Denbury Resources' PDR to B3-PD/LD; rates new second lien notes B3

    Moody's Investors Service (Moody's) changed Denbury Resources Inc.'s (Denbury) Probability of Default Rating (PDR) to B3-PD/LD from B3-PD, affirmed its B3 Corporate Family Rating (CFR) and assigned a B3 rating to its new 7.75% secured second lien notes due 2024. Denbury issued $528 million of new 7.75% senior secured second lien notes due 2024 and $245.5 million of 6.375% convertible senior notes due 2024 (as well as paid $120 million in cash) in exchange for $152 million of existing senior subordinated notes due 2021, $220 million of existing senior subordinated notes due 2022, $96 million of existing senior subordinated notes due 2023 and $425 million of existing 7.5% senior secured second lien notes due 2024.