Denbury Resources Inc. (DNR) Plunges 8.46%

Denbury Resources Inc. (DNR) Plunges 8.46%

Denbury Resources Inc. (DNR) had a rough trading day for Tuesday September 24 as shares tumbled 8.46%, or a loss of $-0.11 per share, to close at $1.19. After opening the day at $1.30, shares of Denbury Resources Inc. traded as high as $1.33 and as low as $1.18. Volume was 15.43 million shares over 18,515 trades, against an average daily volume of n/a shares and a total float of 469.66 million.

As a result of the decline, Denbury Resources Inc. now has a market cap of $558.9 million. In the last year, shares of Denbury Resources Inc. have traded between a range of $6.75 and $0.87, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Denbury Resources focuses on injecting carbon dioxide to enhance production from mature, conventional fields. At the end of 2018, the company reported net proved reserves of 262 million barrels of oil equivalent. Net production averaged 60 thousand barrels of oil equivalent per day in 2018 at a ratio of 97% oil and 3% natural gas.

Denbury Resources Inc. is based out of Plano, TX and has some 846 employees. Its CEO is Christian S. Kendall.

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