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Enter Symbol:
Rating: DNR

Denbury Resources, Inc. (holding Company) (NYSE: DNR) downgraded to Underperform by Credit Suisse

Tuesday,  Sep 8, 2015  10:25 AM ET by Kristen Bailey

Credit Suisse downgraded Denbury Resources, Inc. (holding Company) (NYSE: DNR) to
Underperform. Credit Suisse rated Denbury Resources, Inc. (holding Company) (NYSE: DNR) to Outperform on 05/29/2013, when the price was $18.92.

Denbury Resources Inc. is engaged in the acquisition, development, operation and exploration of oil and natural gas properties in the Gulf Coast region of the United States, primarily in Mississippi, Louisiana, Texas and Alabama. The Company is an independent oil and gas company engaged in acquisition, development and exploration activities in the United States Gulf Coast region. It is an oil and natural gas producer in Mississippi, which owns a carbon dioxide (CO 2 ) reserves east of the Mississippi River used for tertiary oil recovery, and holds a significant operating acreage in the Barnett Shale play near Fort Worth, Texas, onshore Louisiana, Alabama, and properties in Southeast Texas.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.

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