Stifel analyst Nate Pendleton lowered the firm’s price target on Denbury to $138 from $156 and keeps a Buy rating on the shares after updating estimates for reported annual results and updated guidance from a selection of its coverage in the Americas oil and gas exploration and production space.
Published first on TheFly
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Read More on DEN:
- Denbury management to meet virtually with Jefferies
- Denbury sees 2023 CapEx $350M-$370M
- Denbury sees 2023 oil and natural gas production 46K-49K BOE/day
- Denbury, Aqualung Carbon Capture announce partnership
- Denbury reports Q4 adjusted EPS $1.48, consensus $1.64
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