The President & CEO of Denbury Resources (NYSE: DNR) is Buying Shares

By Carrie Williams

Today, the President & CEO of Denbury Resources (DNRResearch Report), Christian Kendall, bought shares of DNR for $124K.

Following this transaction Christian Kendall’s holding in the company was increased by 5.25% to a total of $2.54 million.

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DNR’s market cap is $585.8M and the company has a P/E ratio of 2.24. Currently, Denbury Resources has an average volume of 6.49M.

Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $1.90, reflecting a 49.6% upside.

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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.