Denbury Inc. (NYSE:DEN) – Analysts at Capital One Financial issued their Q2 2021 earnings per share (EPS) estimates for shares of Denbury in a research note issued on Thursday, April 22nd. Capital One Financial analyst R. Tullis expects that the company will post earnings of $0.57 per share for the quarter.
Denbury (NYSE:DEN) last issued its quarterly earnings data on Thursday, February 25th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.04. The company had revenue of $197.07 million during the quarter, compared to analyst estimates of $207.38 million. Denbury had a negative return on equity of 119.03% and a negative net margin of 162.77%.
Denbury stock opened at $49.52 on Friday. Denbury has a 12 month low of $15.43 and a 12 month high of $51.71. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.62 and a quick ratio of 0.62. The business has a 50 day simple moving average of $45.35 and a 200-day simple moving average of $30.54. The stock has a market capitalization of $2.48 billion, a PE ratio of 76.19 and a beta of 4.01.
Several hedge funds and other institutional investors have recently modified their holdings of DEN. California Public Employees Retirement System acquired a new stake in shares of Denbury in the fourth quarter worth about $2,824,000. RBF Capital LLC bought a new position in shares of Denbury during the 4th quarter valued at about $257,000. Wells Fargo & Company MN grew its position in shares of Denbury by 139.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,400,476 shares of the company’s stock valued at $35,978,000 after acquiring an additional 814,618 shares during the period. Kopion Asset Management LLC acquired a new stake in Denbury in the 4th quarter worth about $1,325,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Denbury in the 4th quarter valued at approximately $754,000. Institutional investors and hedge funds own 8.20% of the company’s stock.
Denbury Inc, an independent energy company, focuses on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. The company 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.
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