Does Denbury Resources Inc. (NYSE:DNR) deserve your investment?


Denbury Resources Inc. (NYSE:DNR) said its revenue at the close of the latest quarter were 271.57M, up 0.29% from the same period a year earlier.

Since Denbury Resources Inc. incurred expenses of $179.69M to generate the revenue. Its gross income in the quarter was $91.87M. After discounting other operating expenses like salaries from the gross income, it closed up with EPS of $0.05.

Let?s analyze the technical of the stock

The Barchart Technical Opinion rating is a 88% Sell with a Weakening short term outlook on maintaining the current direction. Longer term, the trend strength is Strong. Long term indicators fully support a continuation of the trend.

The reported EPS from dividing the net income by the number of outstanding shares. Shareholders should bear in mind that Denbury Resources Inc. closed the quarter with diluted due shares of 393M.

For the imminent quarter, though, the market analysts are expecting EPS of $0.07 from Denbury Resources Inc..

Denbury Resources Inc. finished the recent quarter with a cash balance of 1.75M%. It recorded net cash flow of $24.26M from operations, resulting in free cash flow of $(44.36M) for the quarter.

With that, the firm closed the quarter with total assets of $4.31B. It reported total debt of 83.7M%, with the debt having jumped/decreased by falling from the previous quarter. Denbury Resources Inc. booked total liabilities of $3.81B in the previous quarter.

Analysts who have analyzed Denbury Resources Inc. so far have a recommendation of Underweight on its equity. What does that indicate? A recommendation in between 1.00 – 1.24 implies that a stock is a BUY. A call in the band of 1.75 – 2.24 implies a stock is a HOLD, and a call figure in between 2.75 – 3.00 shows a stock is a SELL. So that explains you the perception of Denbury Resources Inc. on Wall Street.

However, outside HOLD, SELL and BUY other available analyst calls are OVERWEIGHT and UNDERWEIGHT, shown by figures in the range of 1.25 -1.74 and 2.25 – 2.74, correspondingly.

Analysts on the average are anticipating that shares of Denbury Resources Inc. will be trading at $2.62 in the next 12 months.