Denbury Financial Statements From 2010 to 2024
| DENDelisted Stock | USD 86.53 0.68 0.79% |
Check Denbury Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Denbury Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Denbury financial statements analysis is a perfect complement when working with Denbury Resources Valuation or Volatility modules.
Denbury |
Denbury Resources Company Operating Margin Analysis
Denbury Resources' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Denbury Resources Operating Margin | 0.27 % |
Most of Denbury Resources' fundamental indicators, such as Operating Margin, 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.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, Denbury Resources has an Operating Margin of 0.274%. This is 96.17% lower than that of the Oil, Gas & Consumable Fuels sector and 98.97% lower than that of the Energy industry. The operating margin for all United States stocks is 104.97% lower than that of the firm.
Denbury Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Denbury Resources's current stock value. Our valuation model uses many indicators to compare Denbury Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Denbury Resources competition to find correlations between indicators driving Denbury Resources's intrinsic value. More Info.Denbury Resources is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Denbury Resources is roughly 2.02 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Denbury Resources' earnings, one of the primary drivers of an investment's value.About Denbury Resources Financial Statements
Denbury Resources investors utilize fundamental indicators, such as revenue or net income, to predict how Denbury Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Denbury Inc., an independent energy company, focuses on producing oil from mature oil fields in the Gulf Coast and Rocky Mountain regions. Denbury Inc. was incorporated in 2003 and is headquartered in Plano, Texas. Denbury operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 740 people.
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.Moving together with Denbury Stock
Moving against Denbury Stock
| 0.83 | DIS | Walt Disney | PairCorr |
| 0.78 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.76 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.75 | WMT | Walmart | PairCorr |
| 0.74 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
The ability to find closely correlated positions to Denbury Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denbury Resources 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 Denbury Resources - 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 Denbury Resources to buy it.
The correlation of Denbury Resources 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 Denbury Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denbury Resources 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 Denbury Resources 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 income. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.
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