Acquisition by Christian Kendall of tradable shares of Denbury Resources subject to Rule 16b-3

About 67% of Denbury Resources' investor base is looking to short. The analysis of current outlook of investing in Denbury Resources suggests that many traders are alarmed regarding Denbury Resources' prospects. Denbury Resources' investing sentiment overview a quick insight into current market opportunities from investing in Denbury Resources. Many technical investors use Denbury Resources stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Filed transaction by Denbury Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Denbury insider trading alert for grant of common stock by Christian Kendall, President and CEO, on 17th of October 2023. This event was filed by Denbury Inc with SEC on 2023-10-17. Statement of changes in beneficial ownership - SEC Form 4. Christian Kendall currently serves as president, chief executive officer, director of Denbury Resources

Denbury Resources Fundamental Analysis

We analyze Denbury Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Denbury Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Denbury Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash And Equivalents

Cash And Equivalents Comparative Analysis

Denbury Resources is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Denbury Resources Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Denbury Resources stock to make a market-neutral strategy. 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 with similar companies.

Peers

Denbury Resources Related Equities

GPRKGeoPark   2.27   
0%
67.0%
CNXCNX Resources   0.59   
0%
17.0%
GPORGulfport Energy   1.21   
36.0%
0%
MURMurphy Oil   1.42   
42.0%
0%
EPSNEpsilon Energy   1.59   
47.0%
0%
SMSM Energy   1.61   
47.0%
0%
CIVICivitas Resources   2.12   
63.0%
0%
CHRDChord Energy   2.24   
66.0%
0%
MTDRMatador Resources   2.59   
77.0%
0%
MGYMagnolia Oil   3.24   
96.0%
0%
RRCRange Resources   3.36   
100.0%
0%
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 income.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
CEOs Directory
Screen CEOs from public companies around the world
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account