Denbury Resources Inc. (DNR) Plunges 5.68% on March 07

Denbury Resources Inc. (DNR) Plunges 5.68% on March 07

Denbury Resources Inc. (DNR) had a rough trading day for Thursday March 07 as shares tumbled 5.68%, or a loss of $-0.1 per share, to close at $1.66. After opening the day at $1.77, shares of Denbury Resources Inc. traded as high as $1.77 and as low as $1.63. Volume was 14.28 million shares over 20,195 trades, against an average daily volume of 13.24 million shares and a total float of 460.45 million.

As a result of the decline, Denbury Resources Inc. now has a market cap of $764.35 million.

The stock has a P/E Ratio of 2.7.

Denbury Resources focuses on injecting carbon dioxide to enhance production from mature, conventional fields. At the end of 2017, the company reported net proved reserves of 260 million barrels of oil equivalent. Net production averaged 60 thousand barrels of oil equivalent per day in 2017 at a ratio of 97% oil and 3% natural gas.

Denbury Resources Inc. is based out of Plano, TX and has some 847 employees. Its CEO is Christian S. Kendall.

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