Denbury Inc. (NYSE:DEN) traded today at a new 52-week high of $75.76. Approximately 352,000 shares have changed hands today, as compared to an average 30-day volume of 963,000 shares.
Denbury Inc. (NYSE:DEN) is currently priced 22.4% above its average consensus analyst price target of $53.96.
Over the past year, Denbury Inc. has traded in a range of $15.43 to $75.76 and is now at $69.56, 351% above that low.
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.
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