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Stock Market & Financial Investment News

News Breaks
November 6, 2012
08:38 EDTDNRDenbury Res. resumed share buyback program in Q3, acquiring 4.6M shares
The company resumed its share repurchase program in Q3, acquiring 4.6M shares since announcing the Bakken transaction to bring total purchases under such program since October 2011 to 18.7M shares or nearly 5% of shares outstanding at Sept. 30, 2011, at an average cost of $14.47 per share.
News For DNR From The Last 14 Days
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January 26, 2015
16:26 EDTDNRMarathon Oil, Cobalt, RSP Permian downgraded at UBS
UBS lowered its Brent and WTI forecasts to $52.50 and $49 from $67.50 and $62.50, respectively, and downgraded a number of names in the energy space in conjunction. Along with making changes to its oil price forecasts, UBS downgraded Marathon Oil (MRO), Cobalt (CIE) and RSP Permian (RSPP), all to Neutral from Buy. The firm also identified ConocoPhillips (COP), Devon Energy (DVN), Murphy Oil (MUR), Ultra Petroleum (UPL), Range Resources (RRC), Denbury Resources (DNR), and Magnum Hunter (MHR) as having high valuations, slowing growth and wide free cash flow deficits and said it was cautious on all of those names as well.
January 21, 2015
12:11 EDTDNRStocks with call strike movement; DNR ESV
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