Media stories about Denbury Resources (NYSE:DNR) have been trending somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Denbury Resources earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the oil and natural gas company an impact score of 47.2105338837198 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Brokerages Anticipate Denbury Resources Inc. (DNR) Will Post Quarterly Sales of $320.55 Million (americanbankingnews.com)
- Denbury Resources (DNR) Now Covered by Analysts at UBS Group (americanbankingnews.com)
- Research Analysts Set Expectations for Denbury Resources Inc.’s FY2019 Earnings (DNR) (americanbankingnews.com)
- Denbury Resources Inc. (DNR) expected to touch 44.13% EPS growth for coming year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Is The Stock A Good Investment? – Denbury Resources Inc (NYSE: DNR) – Alpha Beta Stock (alphabetastock.com)
A number of equities analysts have weighed in on DNR shares. Zacks Investment Research raised Denbury Resources from a “hold” rating to a “strong-buy” rating and set a $2.50 price target for the company in a research report on Tuesday, January 9th. Royal Bank of Canada reissued a “hold” rating and issued a $2.00 price objective on shares of Denbury Resources in a report on Wednesday, December 20th. Mizuho raised Denbury Resources from a “neutral” rating to a “buy” rating in a report on Tuesday, January 16th. ValuEngine downgraded Denbury Resources from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Finally, KeyCorp reissued a “hold” rating on shares of Denbury Resources in a report on Monday, November 13th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $2.22.
Denbury Resources (NYSE:DNR) last released its quarterly earnings data on Thursday, February 22nd. The oil and natural gas company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The company had revenue of $321.00 million during the quarter, compared to the consensus estimate of $310.27 million. Denbury Resources had a return on equity of 10.20% and a net margin of 14.44%. The firm’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.02) EPS. analysts forecast that Denbury Resources will post 0.41 earnings per share for the current year.
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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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