Denbury Resources Inc (DNR): Today's Featured Energy Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Denbury Resources ( DNR) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 1%. By the end of trading, Denbury Resources fell 23 cents (-1.5%) to $15.32 on heavy volume. Throughout the day, 9.1 million shares of Denbury Resources exchanged hands as compared to its average daily volume of 5.7 million shares. The stock ranged in price between $14.83-$15.67 after having opened the day at $15.56 as compared to the previous trading day's close of $15.55. Other companies within the Energy industry that declined today were: GeoGlobal Resources ( GGR), down 17.6%, Apco Oil and Gas International ( APAGF), down 11.5%, Quicksilver Resources ( KWK), down 9.4%, and Andatee China Marine Fuel Services Corporat ( AMCF), down 7.4%.
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Denbury Resources Inc. engages in the acquisition, development, exploitation, and exploration of oil and natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana, and Alabama. Denbury Resources has a market cap of $6.08 billion and is part of the basic materials sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 2.8% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Denbury Resources a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Denbury Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, BMB Munai ( BMBM), up 29.8%, HyperDynamics Corporation ( HDY), up 15.8%, Alon USA Energy ( ALJ), up 12.7%, and Tetra Technologies ( TTI), up 11.5%, were all gainers within the energy industry with ConocoPhillips ( COP) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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