|Bid||2.2100 x 29200|
|Ask||2.2200 x 45900|
|Day's Range||2.1800 - 2.3000|
|52 Week Range||1.3900 - 6.7500|
|Beta (3Y Monthly)||2.71|
|PE Ratio (TTM)||3.12|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.63|
PLANO, Texas, April 17, 2019 -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) will host a conference call to review and discuss first quarter 2019 financial.
Will Oil Extend Its Gains following China's Latest Data Release?(Continued from Prior Part)EIA inventory data On April 17, the EIA (U.S. Energy Information Administration) reported a fall of 1.396 MMbbls (million barrels) in US crude oil
Has Oil Lost Its Uptrend?(Continued from Prior Part)Changes in inventory levelsOn April 17, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data. A fall by more than 4.77 MMbbls (million
Has Oil Lost Its Uptrend?(Continued from Prior Part)Futures spread On April 15, the US crude oil May 2019 futures closed ~$2 above the May 2020 futures. On April 8, the futures spread was at a premium of $3.5. On April 8–15, US crude oil May
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.
Goldman Sachs Raised the Oil Price Forecast for 2019(Continued from Prior Part)Futures spreadOn April 8, the US crude oil May 2019 futures closed ~$3.5 above the May 2020 futures. On April 1, the futures spread was at a premium of $1.7. On April
Energy's Latest: Last Week's Outperformers and UnderperformersEnergy stocks In the week that ended on April 5, upstream stock Denbury Resources (DNR) rose the most among the stocks in the energy space, which are included in the following ETFs: the
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We...
What Hindered Rise in Energy ETFs?US crude oil moved higher this week On April 4, US crude oil May futures fell 0.6% and settled at $62.1 per barrel. Profit booking might be behind the fall in oil prices. In the trailing week, US crude oil active
PLANO, Texas, April 03, 2019 -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will.
Will US Crude Oil Stay above $60?(Continued from Prior Part)Futures spread On April 1, the US crude oil May 2019 futures closed ~$1.7 above the May 2020 futures. On March 25, the futures spread was at a premium of just $0.08. On March 25–April 1,
The two companies agreed to terminate their previously announced agreement under which Denbury was to acquire Penn Virginia for $1.7 billion.
What Has Limited Your Energy Portfolio Gains in Q1?US crude oil moved higher this quarterSo far in the first quarter, US crude oil active futures have risen 30.6% and settled at $59.3 per barrel on March 28. US crude oil’s rise in the first
Denbury Resources Inc. (DNR) (“Denbury” or the “Company”) today announced the appointment of Mary M. VanDeWeghe to its Board of Directors (“Board”) on March 27, 2019. Ms. VanDeWeghe has been appointed to the Audit Committee and Reserves and Health, Safety and Environmental Committee of the Board. Ms. VanDeWeghe has served as the President and Chief Executive Officer of Forte Consulting, Inc., a management and financial consulting firm, since March 2009, and was previously employed as a Finance Professor at Georgetown University from 2009-2016, Senior Vice President – Finance at Lockheed Martin Corporation from 2006-2009, a Finance Professor at the University of Maryland from 1996-2006, and in various positions at J.P. Morgan from 1983-1996.
Murphy Oil (MUR) announced that its subsidiary has entered into an agreement to sell two of its Malaysian assets in an all-cash transaction worth $2.2127 billion.
Back in 2000, Dr. Ronald Eric Gutfleish founded Elm Ridge Capital. The firm is a value-oriented investment manager that typically invests in the public equity market. With its headquarters located in Irvington, New York, it provides its services to high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and other investment advisers. […]
What Impacted the Energy Sector Last Week?(Continued from Prior Part)Energy stocks In the week ending March 22, upstream stock Denbury Resources (DNR) rose the most among the energy stocks under review in this series, which include the following
West Texas Intermediate futures in New York dropped 1.6 percent Friday, paring the week’s gain to less than 1 percent. WTI for May delivery lost 94 cents to settle at $59.04 a barrel on the New York Mercantile Exchange.
Stocks that moved substantially or traded heavily on Friday: Nike Inc., down $5.82 to $82.19 The athletic apparel maker reported weaker-than-expected sales in North America and warned of a sales slowdown. ...
Houston-based Penn Virginia Corp. (Nasdaq: PVAC) and Plano, Texas-based Denbury Resources Inc. (NYSE: DNR) have mutually agreed to terminate an acquisition announced in late October. Denbury had planned to acquire Penn Virginia in a cash-and-stock deal that was valued at $1.7 billion, including the assumption of debt, as of Oct. 26, 2018.
Denbury Resources Inc. (DNR) (“Denbury” or the “Company”) today announced that it has mutually agreed with Penn Virginia Corporation (PVAC) (“Penn Virginia”) to terminate their previously announced agreement under which Denbury was to acquire Penn Virginia. Chris Kendall, Denbury’s President and CEO, commented, “While we firmly believed in the strategic merits of the combination with Penn Virginia, the difficult market conditions since announcement, combined with the opposition of certain Penn Virginia shareholders, led us to the conclusion that the transaction was unlikely to receive the necessary super majority approval from Penn Virginia shareholders. “Longer term, we believe that CO2 EOR will become an even more vital component of the world’s oil supply, with the smallest possible carbon footprint for an oil producer, and that Denbury is uniquely positioned in the industry to benefit from an increasing need to limit or reduce CO2 emissions.