Home / Street Sector / Stocks Showing Promising Returns on Investment- Denbury Resources Inc. (NYSE:DNR), Callon Petroleum Company (NYSE:CPE)

Stocks Showing Promising Returns on Investment- Denbury Resources Inc. (NYSE:DNR), Callon Petroleum Company (NYSE:CPE)

Following previous ticker characteristics, Denbury Resources Inc. (NYSE:DNR) also run on active notice, stock price knock down -5.05% after traded at $2.63 in most recent trading session.

DNR price to current year EPS stands at -794.80%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 1300.00%. Moving toward ratio analysis, it has current ratio of 0.50 and quick ratio was calculated as 0.50. The debt to equity ratio appeared as 3.56 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 6.62% for a week and 6.56% for a month. The price volatility’s Average True Range for 14 days was 0.20. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 3.30 out of 1-5 scale with week’s performance of 0.38%. DNR’s institutional ownership was registered as 97.40%, while insider ownership was 1.10%.

Callon Petroleum Company (NYSE:CPE) persists its position slightly strong in context of buying side, while shares price fell down to knees -3.63% during latest trading session. Callon Petroleum Firm (CPE) reported that pricing of its private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended, of $400 million aggregate principal amount of 6.125% senior unsecured notes due 2024 at par.

The Firm intends to use the net proceeds of the offering to repay amounts borrowed under its second lien term loan and for general corporate purposes, comprising for a potential raise in drilling activity.

 Narrow down focus to other ratios, the co has current ratio of 0.50 that indicates if CPE lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.50, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.50, sometimes its remain same with long term debt to equity ratio.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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