The EVP, CAO, GC & Sec’y of Denbury Resources (DNR) is Selling Shares


Today, the EVP, CAO, GC & Sec’y of Denbury Resources (NYSE: DNR), James S. Matthews, sold shares of DNR for $97.2K.

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Based on Denbury Resources’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $382 million and quarterly net profit of $30.22 million. In comparison, last year the company earned revenue of $257 million and had a net profit of $14.4 million. DNR’s market cap is $2.31B and the company has a P/E ratio of 10.74. Currently, Denbury Resources has an average volume of 9.79M.

Eight different firms, including Barclays and Credit Agricole, currently also have a Sell rating on the stock.

The insider sentiment on Denbury Resources has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Denbury Resources, Inc. is an independent oil and natural gas company. Its activities include exploitation, drilling, and extraction. It operates in the Gulf Coast and Rocky Mountain regions. The company was founded by Gareth G. Roberts in 1951 and is headquartered in Plano, TX.

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