ADVFN - Advanced Financial Network.
HOME» NYSE » D » DNR Stock Price » DNR Stock News

Denbury Share News

 Denbury Resources (de) Stock Price
DNR Stock Price
 Denbury Resources (de) Stock Chart
DNR Stock Chart
 Denbury Resources (de) Stock News
DNR Stock News
 Denbury Resources (de) Company Information
DNR Company Information
 Denbury Resources (de) Stock Trades
DNR Stock Trades

Denbury Swings To 1Q Profit As Revenue Jumps On Higher Prices

DOW JONES NEWSWIRES Denbury Resources Inc. (DNR) swung to a first-quarter profit as the oil-and-gas company reported surging revenue prices and benefited from a derivatives gain. Last month, Denbury reached a deal to sell some of its recently acquired properties for $900 million to privately-held Quantum Resources Management as Denbury needs money to pay off its $1.6 billion bank credit facility. The company, in March, completed a $4.5-billion deal to buy Encore Acquisition Co. (ECV). Denbury reported a profit of $100.2 million, or 32 cents a share, compared with a prior-year loss of $18.3 million, or 7 cents a share, a year earlier. Excluding derivatives impacts and other items, earnings fell to 6 cents from 19 cents though revenue more than doubled to $438.8 million. Analysts polled by Thomson Reuters expected earnings of 7 cents and $278 million in sales. Oil production jumped 18% while gas production slid 44%. Oil and gas prices, excluding hedging, jumped 95% and 32%, respectively. Shares closed at $18.01 Wednesday and were inactive premarket. The stock has risen 22% this year. -By Jodi Xu and John Kell, Dow Jones Newswires; 212-416-3037;

Stock News for Denbury (DNR)
02/05/201607:00:00Denbury Announces Release Date for Fourth Quarter and Full-Year...
02/02/201607:49:59Amended Statement of Ownership (sc 13g/a)
02/01/201616:43:06Statement of Changes in Beneficial Ownership (4)
01/21/201606:02:29Current Report Filing (8-k)
01/20/201619:00:00Denbury Terminates Its Previously Announced Notes Exchange Offers
01/12/201610:53:15Current Report Filing (8-k)
01/12/201606:30:00Denbury Announces Covenant Amendment In Its Offers to Exchange...
01/11/201617:35:44Statement of Changes in Beneficial Ownership (4)
01/11/201617:34:12Statement of Changes in Beneficial Ownership (4)
01/11/201617:33:31Statement of Changes in Beneficial Ownership (4)
01/11/201617:32:11Statement of Changes in Beneficial Ownership (4)
01/08/201613:31:20Current Report Filing (8-k)
01/08/201610:54:43Current Report Filing (8-k)
01/08/201606:30:00Denbury Announces Extension of Deadline to Receive Early Participation...
01/05/201618:50:49Statement of Changes in Beneficial Ownership (4)
01/05/201618:49:54Statement of Changes in Beneficial Ownership (4)
01/05/201618:48:03Statement of Changes in Beneficial Ownership (4)
12/22/201509:40:00U.S. Hot Stocks: Hot Stocks to Watch
12/22/201506:02:51Current Report Filing (8-k)
12/21/201521:02:17Denbury Announces Offers to Exchange Outstanding Senior Subordinated...

Denbury Res and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations