Denbury Resources (DNR) Stock Advancing with Rising Oil Prices

As oil prices rebound this afternoon, Denbury Resources (DNR) stock follows suit.
By Rachel Aldrich ,

NEW YORK (TheStreet) -- Shares of Denbury Resources (DNR) - Get Report  are up 2.09% to $3.41 this afternoon as oil prices make slight gains.

Crude oil (WTI) is up 1.74% to $45.53 per barrel and Brent crude is up 2.1% to $47.23 per barrel.

Oil suffered significant losses on Wednesday, dropping around 4%, following reports that inventories had declined far less than anticipated.

Today, however, oil prices have been on the rise due to a weaker dollar as the pound rallies.

Denbury Resources is a Plano, TX-based oil and natural gas company.

Separately, TheStreet Ratings rated this stock as a "sell" with a ratings score of D-.

The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and deteriorating net income.

You can view the full analysis from the report here: DNR

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

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