News articles about Denbury Resources (NYSE:DNR) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Denbury Resources earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the oil and natural gas company an impact score of 45.3605166636123 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
- What’s Better? – Buy or Sell: Denbury Resources Inc., (NYSE: DNR) – Stock Watch (stocksnewstimes.com)
- Investor’s Watch List: Denbury Resources Inc.,(Nyse: DNR),Laredo Petroleum, Inc., (Nyse: LPI), Tesla, Inc., (NASDAQ … – Money making news (press release) (stocknews.pro)
- Journey Energy Inc. Grabs A Bargain To Increase Cash Flow (seekingalpha.com)
- Cushing Inventories Rose for the Ninth Time in 10 Weeks (finance.yahoo.com)
- Eye-Catching Shares: Denbury Resources Inc., (NYSE: DNR) – Stock Watch (stocksnewstimes.com)
Denbury Resources (NYSE DNR) traded up 3.45% during trading on Wednesday, reaching $1.20. 6,384,115 shares of the company’s stock were exchanged. Denbury Resources has a 1-year low of $0.91 and a 1-year high of $4.29. The company’s market capitalization is $467.88 million. The company’s 50-day moving average is $1.23 and its 200-day moving average is $1.58.
Denbury Resources (NYSE:DNR) last posted its quarterly earnings results on Tuesday, August 8th. The oil and natural gas company reported $0.00 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.02. The company had revenue of $261.20 million for the quarter, compared to analyst estimates of $248.66 million. Denbury Resources had a negative net margin of 35.24% and a negative return on equity of 1.94%. The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the business posted $0.08 EPS. Equities research analysts expect that Denbury Resources will post $0.02 earnings per share for the current fiscal year.
A number of equities analysts have weighed in on the stock. Stifel Nicolaus set a $1.00 price objective on shares of Denbury Resources and gave the company a “hold” rating in a research report on Friday, August 18th. Imperial Capital assumed coverage on shares of Denbury Resources in a research report on Tuesday, October 3rd. They issued an “in-line” rating and a $2.00 price objective for the company. KeyCorp reissued a “hold” rating on shares of Denbury Resources in a research report on Wednesday, September 6th. Zacks Investment Research cut shares of Denbury Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $1.50 price objective on shares of Denbury Resources in a research report on Friday, September 29th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Denbury Resources currently has a consensus rating of “Hold” and an average target price of $2.06.
Denbury Resources Company Profile
Denbury Resources Inc is an independent oil and natural gas company. The Company’s operations are focused in two operating areas: the Gulf Coast and Rocky Mountain regions. Its properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming.
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