Denbury Resources (NYSE:DNR) Receives Daily Media Sentiment Rating of 0.11

News stories about Denbury Resources (NYSE:DNR) have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Denbury Resources earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the oil and natural gas company an impact score of 45.4547895073139 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

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These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

Denbury Resources Inc. (NYSE:DNR) Trading Volume Significantly Lower – Modern Readers (modernreaders.com)
Shares Trading Near the 52-Week Low Denbury Resources Inc. (NYSE:DNR) – Sparta Review (spartareview.com)
Poised For a Move? Denbury Resources Inc (DNR) Technicals at a Glance – Evergreen Caller (evergreencaller.com)
US Crude Oil Inventories Fell 10% from Their Peak (finance.yahoo.com)
Denbury Resources Inc. (DNR) moves 11.02% away from One Year Low – Voice Of Analysts (analystsbuzz.com)

Denbury Resources (NYSE DNR) traded up 6.15% during mid-day trading on Friday, hitting $1.38. 5,658,824 shares of the stock were exchanged. The company’s market cap is $537.37 million. Denbury Resources has a one year low of $1.27 and a one year high of $4.29. The company has a 50-day moving average price of $1.47 and a 200-day moving average price of $2.24.

Denbury Resources (NYSE:DNR) last issued its quarterly earnings results on Thursday, May 4th. The oil and natural gas company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.01. Denbury Resources had a positive return on equity of 2.49% and a negative net margin of 72.85%. The business had revenue of $264 million for the quarter, compared to analyst estimates of $254.67 million. During the same quarter last year, the firm earned ($0.03) earnings per share. The firm’s quarterly revenue was up 35.5% compared to the same quarter last year. On average, analysts predict that Denbury Resources will post $0.01 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on DNR. UBS AG reiterated a “sell” rating and set a $1.50 price objective (down from $2.00) on shares of Denbury Resources in a report on Friday, May 5th. BidaskClub upgraded shares of Denbury Resources from a “sell” rating to a “hold” rating in a report on Wednesday. ValuEngine lowered shares of Denbury Resources from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Stifel Nicolaus restated a “hold” rating and issued a $2.50 price target on shares of Denbury Resources in a report on Friday, July 14th. Finally, Zacks Investment Research lowered shares of Denbury Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th. Six investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Denbury Resources currently has an average rating of “Hold” and a consensus target price of $2.64.

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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.