Denbury Resources Inc. operates as an independent oil and natural gas company in the United States.
Proven track record and fair value.
Share Price & News
How has Denbury Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DNR's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: DNR underperformed the US Oil and Gas industry which returned -39.9% over the past year.
Return vs Market: DNR underperformed the US Market which returned 4.9% over the past year.
Price Volatility Vs. Market
How volatile is Denbury Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StHere's Why We Don't Think Denbury Resources's (NYSE:DNR) Statutory Earnings Reflect Its Underlying Earnings Potential
4 weeks ago | Simply Wall StWhat Kind Of Shareholder Appears On The Denbury Resources Inc.'s (NYSE:DNR) Shareholder Register?
1 month ago | Simply Wall StRainbows and Unicorns: Denbury Resources Inc. (NYSE:DNR) Analysts Just Became A Lot More Optimistic
Is Denbury Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DNR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DNR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DNR is good value based on its PE Ratio (0.4x) compared to the Oil and Gas industry average (8.3x).
PE vs Market: DNR is good value based on its PE Ratio (0.4x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: DNR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DNR is good value based on its PB Ratio (0.1x) compared to the US Oil and Gas industry average (0.7x).
How is Denbury Resources forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DNR's earnings are forecast to decline over the next 3 years (-83% per year).
Earnings vs Market: DNR's earnings are forecast to decline over the next 3 years (-83% per year).
High Growth Earnings: DNR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DNR's revenue is expected to decline over the next 3 years (-21.1% per year).
High Growth Revenue: DNR's revenue is forecast to decline over the next 3 years (-21.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DNR is forecast to be unprofitable in 3 years.
How has Denbury Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DNR has high quality earnings.
Growing Profit Margin: DNR's current net profit margins (26.1%) are higher than last year (18.2%).
Past Earnings Growth Analysis
Earnings Trend: DNR has become profitable over the past 5 years, growing earnings by 60% per year.
Accelerating Growth: DNR's earnings growth over the past year (22.4%) is below its 5-year average (60% per year).
Earnings vs Industry: DNR earnings growth over the past year (22.4%) exceeded the Oil and Gas industry -17.5%.
Return on Equity
High ROE: Whilst DNR's Return on Equity (21.26%) is high, this metric is skewed due to their high level of debt.
How is Denbury Resources's financial position?
Financial Position Analysis
Short Term Liabilities: DNR's short term assets ($256.9M) do not cover its short term liabilities ($258.7M).
Long Term Liabilities: DNR's short term assets ($256.9M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: DNR's debt to equity ratio (142.4%) is considered high.
Reducing Debt: DNR's debt to equity ratio has increased from 65.3% to 142.4% over the past 5 years.
Debt Coverage: DNR's debt is well covered by operating cash flow (23.2%).
Interest Coverage: DNR's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Denbury Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DNR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DNR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DNR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DNR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DNR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DNR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Kendall (53yo)
Mr. Christian S. Kendall, also known as Chris, has been Chief Executive Officer of Denbury Resources Inc. since July 01, 2017 and has been its President since October 3, 2016. Mr. Kendall served as the Chi ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD5.08M) is above average for companies of similar size in the US market ($USD606.53K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|Executive VP||11.08yrs||US$2.85m||0.23% $318.7k|
|Executive VP||2.58yrs||US$1.86m||0.081% $112.3k|
|Senior Vice President of Operations||2.58yrs||no data||no data|
|VP & Chief Accounting Officer||11yrs||no data||0.074% $102.7k|
|Senior Vice President of Business Development & Technology||2.58yrs||no data||no data|
|VP & Chief Information Officer||9.5yrs||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Senior Vice President of Human Resources||3.08yrs||no data||no data|
|Senior Vice President of CO2 Supply and Pipeline Operations||2.58yrs||no data||no data|
Experienced Management: DNR's management team is considered experienced (3 years average tenure).
|Independent Director||12.58yrs||US$231.41k||0.075% $103.9k|
|Independent Director||9yrs||US$263.27k||0.058% $80.7k|
|Independent Director||15.5yrs||US$280.70k||0.069% $95.2k|
|Independent Chairman & Presiding Director||4.33yrs||US$328.51k||0.061% $84.4k|
|Independent Director||3.17yrs||US$227.88k||0.037% $50.7k|
|Independent Director||1.33yrs||US$236.49k||0.019% $26.0k|
|Independent Director||15.58yrs||US$271.75k||0.041% $57.3k|
Experienced Board: DNR's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.3%.
Denbury Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Denbury Resources Inc.
- Ticker: DNR
- Exchange: NYSE
- Founded: 2003
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$138.341m
- Shares outstanding: 494.07m
- Website: https://www.denbury.com
Number of Employees
- Denbury Resources Inc.
- 5320 Legacy Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DNR||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 1984|
|HGJ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1984|
|0I8A||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Feb 1984|
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. It holds interests in various oil and natural gas properties located in Mississippi, Texas, and Louisiana in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2019, the company had 230.2 million barrels of oil equivalent of estimated proved oil and natural gas reserves. Denbury Resources Inc. was incorporated in 2003 and is headquartered in Plano, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 23:49|
|End of Day Share Price||2020/07/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.