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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Equity-to-Asset 0.12
DNR's Equity-to-Asset is ranked lower than
85% of the 426 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.55 vs. DNR: 0.12 )
Ranked among companies with meaningful Equity-to-Asset only.
DNR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.16  Med: 0.46 Max: 0.88
Current: 0.12
-0.16
0.88
Debt-to-Equity 6.07
DNR's Debt-to-Equity is ranked lower than
96% of the 302 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.47 vs. DNR: 6.07 )
Ranked among companies with meaningful Debt-to-Equity only.
DNR' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.97  Med: 0.64 Max: 6.39
Current: 6.07
-6.97
6.39
Debt-to-EBITDA 8.54
DNR's Debt-to-EBITDA is ranked lower than
89% of the 247 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.91 vs. DNR: 8.54 )
Ranked among companies with meaningful Debt-to-EBITDA only.
DNR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.45  Med: 1.89 Max: 8.54
Current: 8.54
-5.45
8.54
Piotroski F-Score: 6
Altman Z-Score: -0.64
Beneish M-Score: -3.23
WACC vs ROIC
7.54%
-8.50%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % -39.67
DNR's Operating Margin % is ranked lower than
67% of the 435 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -5.89 vs. DNR: -39.67 )
Ranked among companies with meaningful Operating Margin % only.
DNR' s Operating Margin % Range Over the Past 10 Years
Min: -54.74  Med: 36.49 Max: 46.74
Current: -39.67
-54.74
46.74
Net Margin % -32.50
DNR's Net Margin % is ranked lower than
62% of the 433 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -9.28 vs. DNR: -32.50 )
Ranked among companies with meaningful Net Margin % only.
DNR' s Net Margin % Range Over the Past 10 Years
Min: -348.73  Med: 18.83 Max: 28.44
Current: -32.5
-348.73
28.44
ROE % -61.48
DNR's ROE % is ranked lower than
85% of the 436 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -5.33 vs. DNR: -61.48 )
Ranked among companies with meaningful ROE % only.
DNR' s ROE % Range Over the Past 10 Years
Min: -126.15  Med: 9.57 Max: 23.94
Current: -61.48
-126.15
23.94
ROA % -7.84
DNR's ROA % is ranked lower than
59% of the 512 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -4.14 vs. DNR: -7.84 )
Ranked among companies with meaningful ROA % only.
DNR' s ROA % Range Over the Past 10 Years
Min: -47.12  Med: 4.51 Max: 12.21
Current: -7.84
-47.12
12.21
ROC (Joel Greenblatt) % -10.43
DNR's ROC (Joel Greenblatt) % is ranked lower than
61% of the 481 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -4.10 vs. DNR: -10.43 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
DNR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -77.51  Med: 11.88 Max: 24.35
Current: -10.43
-77.51
24.35
3-Year Revenue Growth Rate -27.30
DNR's 3-Year Revenue Growth Rate is ranked lower than
60% of the 378 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -21.80 vs. DNR: -27.30 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
DNR' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -27.3  Med: 9.8 Max: 37
Current: -27.3
-27.3
37
GuruFocus has detected 4 Warning Signs with Denbury Resources Inc DNR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» DNR's 30-Y Financials

Financials (Next Earnings Date: 2018-02-23)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q4 2016

DNR Guru Trades in Q4 2016

Caxton Associates 165,989 sh (New)
Joel Greenblatt Sold Out
Charles Brandes Sold Out
Jeremy Grantham 992,960 sh (-25.73%)
Jim Simons 559,535 sh (-63.94%)
» More
Q1 2017

DNR Guru Trades in Q1 2017

Paul Tudor Jones 54,400 sh (New)
Jim Simons Sold Out
Caxton Associates Sold Out
Jeremy Grantham 667,884 sh (-32.74%)
» More
Q2 2017

DNR Guru Trades in Q2 2017

Barrow, Hanley, Mewhinney & Strauss 1,322,367 sh (New)
Paul Tudor Jones Sold Out
Jeremy Grantham 275,208 sh (-58.79%)
» More
Q3 2017

DNR Guru Trades in Q3 2017

George Soros 2,000,000 sh (New)
Ken Fisher 10,000 sh (New)
Jeremy Grantham 240,108 sh (-12.75%)
Barrow, Hanley, Mewhinney & Strauss 1,138,586 sh (-13.90%)
» More
» Details

Insider Trades

Latest Guru Trades with DNR

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2017-09-30 New Buy0.08%$0.96 - $1.67 $ 1.7735%2,000,000
Barrow, Hanley, Mewhinney & Strauss 2017-09-30 Reduce -13.90%$0.96 - $1.67 $ 1.7735%1,138,586
Ken Fisher 2017-09-30 New Buy$0.96 - $1.67 $ 1.7735%10,000
Barrow, Hanley, Mewhinney & Strauss 2017-06-30 New Buy$1.3 - $2.58 $ 1.77-6%1,322,367
Charles Brandes 2016-12-31 Sold Out $2.39 - $4.03 $ 1.77-45%0
Joel Greenblatt 2016-12-31 Sold Out $2.39 - $4.03 $ 1.77-45%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Business Description

Industry: Oil & Gas - E&P » Oil & Gas E&P    NAICS: 211111    SIC: 1311
Compare:NAS:DMLP, TSX:CR, LSE:PMO, LSE:FPM, NYSE:CRC, LSE:GENL, NYSE:PBT, TSX:ATH, TSX:OBE, OSTO:IPCO, TSX:BNP, NYSE:WTI, TSX:TVE, LSE:SIA, NYSE:PHX, NYSE:ESTE, OTCPK:AMPY, ASX:SXY, LSE:ENQ, TSX:AOI » details
Traded in other countries:HGJ.Germany,
Headquarter Location:USA
Denbury Resources Inc is a part of the energy sector. Its business is to explore and produce oil & gas resources in the United States.

Denbury Resources focuses on injecting carbon dioxide to enhance production from mature, conventional fields. At the end of 2016, the company reported net proven reserves of 254 million barrels of oil equivalent. Net production averaged 64 thousand barrels of oil equivalent per day in 2016 at a ratio of 96% oil and natural gas liquids and 4% natural gas.

Top Ranked Articles about Denbury Resources Inc

Denbury Announces Release Date for Third Quarter 2017 Results and Conference Call
Denbury Resources to Present at Johnson Rice 2017 Energy Conference
Denbury Resources Restores 90% of Production Impacted by Tropical Storm Harvey
Denbury Resources to Present at Barclays CEO Energy-Power Conference
Denbury Resources Reports Operational Impacts Associated With Tropical Storm Harvey
Denbury Resources to Present at EnerCom’s The Oil & Gas Conference
Denbury Resources to Present at J.P. Morgan Energy Equity Conference
Denbury Resources to Present at Energy Conferences
Denbury Announces Release Date for First Quarter 2017 Results and Conference Call
Denbury Announces Management Transition Plan

PLANO, Texas, March 21, 2017 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (:DNR) (“Denbury” or the “Company”) today announced that Phil Rykhoek, the Company’s Chief Executive Officer for the past eight years, will retire from that role on June 30, 2017, and, as part of the Company’s leadership succession plan, the Company’s Board of Directors intends to elect Christian S. Kendall as Chief Executive Officer as of that date.
“Phil’s executive leadership over more than two decades has been invaluable and has greatly contributed to Denbury’s success over that time,” said John Dielwart, Denbury’s Chairman of the Board. “The Board and I are grateful for Phil’s many years of service, beginning as one of our first employees and CFO in 1995, and as our CEO since 2009.  Over that period, Denbury has become one of the world’s leading enhanced oil recovery producers, and we deeply appreciate Phil’s many accomplishments that have led to that success.” “As Chief Operating Officer and now recently President, Chris has played a crucial role in optimizing Denbury’s operations with his practiced leadership skills and his broad industry expertise and knowledge.  We believe that Chris’ talents will help to ensure Denbury’s continuing success.” Mr. Rykhoek commented, “We anticipated that Chris could ultimately succeed me as CEO when he joined the Company in 2015.  Chris has proven himself to be a great leader and we believe the time is right for this change.  He has been an integral part of our management team since he joined Denbury, and I am confident that he will successfully take Denbury to the next level.  We will continue to work closely together throughout this transition.” Mr. Rykhoek, 60, will leave his board position when he retires from his CEO role, and the Board currently intends for Mr. Kendall to replace Mr. Rykhoek as a director of the Company.  Mr. Rykhoek will continue in a part-time advisory role until January 2018 as part of the leadership transition. Mr. Kendall, 50, joined Denbury as Chief Operating Officer in September 2015 and was named President in October 2016.  Mr. Kendall has over 27 years of experience in the oil and gas industry, holding a variety of technical and leadership roles, both international and domestic.  Prior to joining Denbury, he spent 14 years with Noble Energy, most recently as Senior Vice President, Global Operations Services.  His prior assignments at Noble Energy include serving as Vice President, Gulf of Mexico, and as Business Unit Manager and Vice President, Noble Energy Mediterranean, Ltd.  Mr. Kendall began his career with Mobil Oil Corporation in 1989.  He holds a Bachelor of Science degree in Engineering, Civil Specialty, from the Colorado School of Mines. Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.  The Company’s goal is to increase the value of its properties through a combination of exploitation, drilling and proven engineering extraction practices, with the most significant emphasis relating to CO2 enhanced oil recovery operations.
DENBURY CONTACTS:
Mark C. Allen, Senior Vice President and Chief Financial Officer, 972.673.2000
John Mayer, Investor Relations, 972.673.2383

Read more...

Ratios

vs
industry
vs
history
Forward PE Ratio 17.70
DNR's Forward PE Ratio is ranked higher than
67% of the 128 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 19.42 vs. DNR: 17.70 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PB Ratio 1.39
DNR's PB Ratio is ranked higher than
59% of the 443 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.22 vs. DNR: 1.39 )
Ranked among companies with meaningful PB Ratio only.
DNR' s PB Ratio Range Over the Past 10 Years
Min: 0.28  Med: 1.4 Max: 5.94
Current: 1.39
0.28
5.94
PS Ratio 0.63
DNR's PS Ratio is ranked higher than
89% of the 398 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.16 vs. DNR: 0.63 )
Ranked among companies with meaningful PS Ratio only.
DNR' s PS Ratio Range Over the Past 10 Years
Min: 0.28  Med: 2.72 Max: 8.95
Current: 0.63
0.28
8.95
Price-to-Operating-Cash-Flow 3.42
DNR's Price-to-Operating-Cash-Flow is ranked higher than
83% of the 278 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 9999.00 vs. DNR: 3.42 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
DNR' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.41  Med: 5.1 Max: 15.17
Current: 3.42
0.41
15.17
EV-to-EBIT -8.90
DNR's EV-to-EBIT is ranked lower than
99.99% of the 221 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 14.28 vs. DNR: -8.90 )
Ranked among companies with meaningful EV-to-EBIT only.
DNR' s EV-to-EBIT Range Over the Past 10 Years
Min: -446.4  Med: 10.1 Max: 66.7
Current: -8.9
-446.4
66.7
EV-to-EBITDA 10.46
DNR's EV-to-EBITDA is ranked lower than
61% of the 291 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 8.48 vs. DNR: 10.46 )
Ranked among companies with meaningful EV-to-EBITDA only.
DNR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -35  Med: 7.2 Max: 33.4
Current: 10.46
-35
33.4
EV-to-Revenue 3.57
DNR's EV-to-Revenue is ranked higher than
64% of the 420 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 4.52 vs. DNR: 3.57 )
Ranked among companies with meaningful EV-to-Revenue only.
DNR' s EV-to-Revenue Range Over the Past 10 Years
Min: 1.7  Med: 4.1 Max: 9.8
Current: 3.57
1.7
9.8
Current Ratio 0.53
DNR's Current Ratio is ranked lower than
79% of the 497 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.35 vs. DNR: 0.53 )
Ranked among companies with meaningful Current Ratio only.
DNR' s Current Ratio Range Over the Past 10 Years
Min: 0.4  Med: 1.08 Max: 2.66
Current: 0.53
0.4
2.66
Quick Ratio 0.53
DNR's Quick Ratio is ranked lower than
77% of the 497 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.26 vs. DNR: 0.53 )
Ranked among companies with meaningful Quick Ratio only.
DNR' s Quick Ratio Range Over the Past 10 Years
Min: 0.4  Med: 1.08 Max: 2.66
Current: 0.53
0.4
2.66
Days Sales Outstanding 46.41
DNR's Days Sales Outstanding is ranked higher than
58% of the 380 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 45.74 vs. DNR: 46.41 )
Ranked among companies with meaningful Days Sales Outstanding only.
DNR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.05  Med: 50.03 Max: 77.4
Current: 46.41
34.05
77.4
Days Payable 50.03
DNR's Days Payable is ranked lower than
63% of the 246 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 76.90 vs. DNR: 50.03 )
Ranked among companies with meaningful Days Payable only.
DNR' s Days Payable Range Over the Past 10 Years
Min: 50.03  Med: 89.3 Max: 213.32
Current: 50.03
50.03
213.32

Buy Back

vs
industry
vs
history
5-Year Yield-on-Cost % 1.91
DNR's 5-Year Yield-on-Cost % is ranked lower than
61% of the 424 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.67 vs. DNR: 1.91 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
DNR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.37  Med: 3.1 Max: 18.71
Current: 1.91
0.37
18.71
3-Year Average Share Buyback Ratio -3.20
DNR's 3-Year Average Share Buyback Ratio is ranked higher than
74% of the 386 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -12.10 vs. DNR: -3.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
DNR' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -32.9  Med: -3.5 Max: 3.2
Current: -3.2
-32.9
3.2

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.37
DNR's Price-to-Tangible-Book is ranked higher than
62% of the 419 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.33 vs. DNR: 1.37 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
DNR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4  Med: 2.05 Max: 5.55
Current: 1.37
0.4
5.55
Price-to-Intrinsic-Value-Projected-FCF 1.51
DNR's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
57% of the 119 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.43 vs. DNR: 1.51 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
DNR' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.41  Med: 3.08 Max: 63.47
Current: 1.51
0.41
63.47
Price-to-Median-PS-Value 0.24
DNR's Price-to-Median-PS-Value is ranked higher than
90% of the 353 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.93 vs. DNR: 0.24 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
DNR' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.18  Med: 0.95 Max: 2.83
Current: 0.24
0.18
2.83
Price-to-Peter-Lynch-Fair-Value 0.11
DNR's Price-to-Peter-Lynch-Fair-Value is ranked lower than
99.99% of the 12 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.37 vs. DNR: 0.11 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
DNR' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0  Med: 1.02 Max: 9.27
Current: 0.11
0
9.27
Earnings Yield (Greenblatt) % -11.25
DNR's Earnings Yield (Greenblatt) % is ranked lower than
75% of the 513 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -1.49 vs. DNR: -11.25 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
DNR' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -170.2  Med: 6.5 Max: 30
Current: -11.25
-170.2
30
Forward Rate of Return (Yacktman) % 0.33
DNR's Forward Rate of Return (Yacktman) % is ranked higher than
70% of the 184 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -15.30 vs. DNR: 0.33 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
DNR' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -4.5  Med: 13.2 Max: 30.1
Current: 0.33
-4.5
30.1

More Statistics

Revenue (TTM) (Mil) $1,074.82
EPS (TTM) $ -0.92
Beta4.50
Short Percentage of Float20.47%
52-Week Range $0.91 - 4.29
Shares Outstanding (Mil)402.17

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 1,066 1,134
EPS ($) 0.06 0.10 0.31
EPS without NRI ($) 0.06 0.10 0.31
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)

Piotroski F-Score Details

Piotroski F-Score: 66
Positive ROAN
Positive CFROAY
Higher ROA yoyY
CFROA > ROAY
Lower Leverage yoyN
Higher Current Ratio yoyY
Less Shares Outstanding yoyN
Higher Gross Margin yoyY
Higher Asset Turnover yoyY

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