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Stock Market & Financial Investment News

News Breaks
January 30, 2014
06:20 EDTDNRDenbury Resources downgraded to Sell from Neutral at Goldman
Goldman downgraded Denbury based on lack of catalysts and lower relative growth and cash returns vs. group. Price target is $17.
News For DNR From The Last 14 Days
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February 26, 2015
08:10 EDTDNREvolution Petroleum and Denbury Resources sign reversal of suspended revenue
Evolution Petroleum (EPM) and Denbury (DNR) executed an agreement under which Denbury will reverse the previously disclosed suspension of 2.89% of Evolution's overriding royalty interest revenues and will release to Evolution amounts previously suspended totaling approximately $712K Denbury further agreed not to suspend any future revenues attributable to any of Evolution's revenue interests, except under limited circumstances, and will limit any cash calls to amounts needed to fund near term capital expenditures. This agreement does not settle any of the outstanding litigation matters with Denbury, including their counterclaim related to the net revenue interest conveyed in the 2006 Purchase and Sale Agreement. The litigation is continuing and currently scheduled for trial in July 2015.
February 19, 2015
08:49 EDTDNRDenbury Resources reports Q4 adjusted EPS 27c, consensus 23c
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