DEN - Denbury gains amid renewed Exxon takeover speculation

• Denbury ( NYSE: DEN ) rose 1.7% after some speculation that Exxon Mobil ( NYSE: XOM ) may still be interested in an acquisition.
• "There is a belief that Denbury might be something that Exxon is still interested in," CNBC's David Faber said earlier Thursday on the network. "Maybe the bid ask is too far off."
• Faber comments come as Denbury ( DEN ) CEO Chris Kendall is to set appear on Jim Cramer's "Mad Money" show on CNBC on Thursday night. Faber didn't cite any sources for his speculation.
• Bloomberg reported in October tha t Exxon ( XOM ) was considering a takeover of Denbury. Denbury ( DEN ) has been the subject of recent speculation, including a Bloomberg report in August that the company was exploring options including a possible sale .
• About month ago a Bank of America analyst moved his  rating to underperform on Denbury ( DEN ) writing that M&A  doesn't appear to be imminent. BofA highlighted that since the speculation there have been no additional headlines on possible M&A.

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