Denbury Resources Stock Current Valuation
Valuation analysis of Denbury Resources helps investors to measure Denbury Resources' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Denbury Resources Company Current Valuation Analysis
Denbury Resources' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Denbury Resources Current Valuation | 2.44 B |
Most of Denbury Resources' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Denbury Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Denbury Resources has a Current Valuation of 2.44 B. This is 93.75% lower than that of the Energy sector and 73.46% lower than that of the Oil & Gas E&P industry. The current valuation for all United States stocks is 85.32% higher than that of the company.
Denbury Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Denbury Resources' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Denbury Resources could also be used in its relative valuation, which is a method of valuing Denbury Resources by comparing valuation metrics of similar companies.Denbury Resources is currently under evaluation in current valuation category among its peers.
Denbury Fundamentals
| Return On Equity | 24.28 | |||
| Return On Asset | 6.3 | |||
| Profit Margin | 26.13 % | |||
| Operating Margin | 58.34 % | |||
| Current Valuation | 2.44 B | |||
| Shares Outstanding | 506.32 M | |||
| Shares Owned By Insiders | 1.48 % | |||
| Shares Owned By Institutions | 72.62 % | |||
| Number Of Shares Shorted | 122.82 M | |||
| Price To Earning | 0.39 X | |||
| Price To Book | 0.08 X | |||
| Price To Sales | 0.10 X | |||
| Revenue | 1.21 B | |||
| Gross Profit | 738.87 M | |||
| EBITDA | 706.82 M | |||
| Net Income | 316.65 M | |||
| Cash And Equivalents | 6.92 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 2.33 B | |||
| Debt To Equity | 1.56 % | |||
| Current Ratio | 0.99 X | |||
| Book Value Per Share | 3.01 X | |||
| Cash Flow From Operations | 491.62 M | |||
| Short Ratio | 4.44 X | |||
| Earnings Per Share | 0.62 X | |||
| Price To Earnings To Growth | (0.71) X | |||
| Number Of Employees | 718 | |||
| Beta | 4.21 | |||
| Market Capitalization | 122.06 M | |||
| Total Asset | 5.89 B | |||
| Retained Earnings | (1.36 B) | |||
| Working Capital | (29.85 M) | |||
| Current Asset | 343.17 M | |||
| Current Liabilities | 373.01 M | |||
| Last Dividend Paid | 0.25 |
Pair Trading with Denbury Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Denbury Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Denbury Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Denbury Stock
If you are still planning to invest in Denbury Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Denbury Resources' history and understand the potential risks before investing.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |