Denbury Resources Inc. (DNR) Set to Announce Earnings on Tuesday
Denbury Resources Inc. (NYSE:DNR) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 7th. Analysts expect Denbury Resources to post earnings of $0.01 per share for the quarter.
Denbury Resources (NYSE:DNR) last announced its earnings results on Tuesday, August 8th. The oil and natural gas company reported $0.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.02. Denbury Resources had a negative net margin of 35.24% and a negative return on equity of 1.94%. The business had revenue of $261.20 million for the quarter, compared to analyst estimates of $248.66 million. During the same quarter last year, the business earned $0.08 earnings per share. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, analysts expect Denbury Resources to post $-0.01 EPS for the current fiscal year and $0.09 EPS for the next fiscal year.
Shares of Denbury Resources Inc. (NYSE:DNR) opened at 1.16 on Tuesday. Denbury Resources Inc. has a 12 month low of $0.91 and a 12 month high of $4.29. The stock has a 50 day moving average of $1.24 and a 200 day moving average of $1.48. The firm’s market cap is $452.29 million.
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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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