DEN - Watch for Continued Gains in Shares of Denbury Inc. (DEN)
Shares of Denbury Inc. (NYSE:DEN) traded at a new 52-week high today of $68.03. Approximately 228,000 shares have changed hands today, as compared to an average 30-day volume of 792,000 shares.
Denbury Inc. (NYSE:DEN) is currently priced 28.7% above its average consensus analyst price target of $47.31.
Denbury Inc focuses on injecting carbon dioxide to enhance production from mature, conventional fields. At the end of 2018, the company reported net proved reserves of 262 million barrels of oil equivalent. Net production averaged 60 thousand barrels of oil equivalent per day in 2018 at a ratio of 97% oil and 3% natural gas.
Denbury Inc. share prices have moved between a 52-week high of $68.03 and a 52-week low of $15.43 and are now trading 330% above that low price at $66.33 per share.
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