Denbury Resources Inc

Company Profile

Denbury Resources Inc had its IPO on 2020-09-21 under the ticker symbol DEN.

The company operates in the Energy sector and Oil & Gas E&P industry. Denbury Resources Inc has a staff strength of 765 employees.

Stock update

Shares of Denbury Resources Inc opened at $44.5 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of $40.75 - $44.65, and closed at $41.25.

This is a -6.99% slip from the previous day's closing price.

A total volume of 3,541,806 shares were traded at the close of the day’s session.

In the last one week, shares of Denbury Resources Inc have slipped by -9.54%.

Denbury Resources Inc's Key Ratios

Denbury Resources Inc has a market cap of $4.54 billion, indicating a price to book ratio of 3.0777 and a price to sales ratio of 2.5908.

In the last 12-months Denbury Resources Inc’s revenue was $1.64 billion with a gross profit of $1.12 billion and an EBITDA of $853.44 million. The EBITDA ratio measures Denbury Resources Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Denbury Resources Inc’s operating margin was 42.04% while its return on assets stood at 19.34% with a return of equity of 41.29%.

In Q1, Denbury Resources Inc’s quarterly earnings growth was a negative -36.4% while revenue growth was a negative 17.2%.

Denbury Resources Inc’s PE and PEG Ratio

Forward PE

9.5785

Trailing PE

8.3232

PEG

Its diluted EPS in the last 12-months stands at $10.86 per share while it has a forward price to earnings multiple of 9.5785 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Denbury Resources Inc’s profitability.

Denbury Resources Inc stock is trading at a EV to sales ratio of 2.6969 and a EV to EBITDA ratio of 6.1689. Its price to sales ratio in the trailing 12-months stood at 2.5908.

Denbury Resources Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.43 billion

Total Liabilities

$298.95 million

Operating Cash Flow

$-133072000.00

Capital Expenditure

$120.09 million

Dividend Payout Ratio

0%

Denbury Resources Inc ended 2024 with $2.43 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.43 billion while shareholder equity stood at $1.62 billion.

Denbury Resources Inc ended 2024 with $97.03 million in deferred long-term liabilities, $298.95 million in other current liabilities, 50000.00 in common stock, $574.70 million in retained earnings and $0 in goodwill. Its cash balance stood at $525000.00 and cash and short-term investments were $525000.00. The company’s total short-term debt was $4,537,000 while long-term debt stood at $68.28 million.

Denbury Resources Inc’s total current assets stands at $212.14 million while long-term investments were $1.62 million and short-term investments were $0. Its net receivables were $173.25 million compared to accounts payable of $292.80 million and inventory worth $0.

In 2024, Denbury Resources Inc's operating cash flow was $-133072000.00 while its capital expenditure stood at $120.09 million.

Comparatively, Denbury Resources Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$41.25

52-Week High

$104.05

52-Week Low

$56.59

Analyst Target Price

$109.82

Denbury Resources Inc stock is currently trading at $41.25 per share. It touched a 52-week high of $104.05 and a 52-week low of $104.05. Analysts tracking the stock have a 12-month average target price of $109.82.

Its 50-day moving average was $88.64 and 200-day moving average was $87.59 The short ratio stood at 8.18 indicating a short percent outstanding of 0%.

Around 331.4% of the company’s stock are held by insiders while 10814.4% are held by institutions.