- operating income jumps 40%
- adjusted EBITDA jumps 28%
- guidance raised
- results jumped on higher volumes in Williston Basin and STACK/SCOOP
- income: 75 cents vs 43 cents yoy
- income, nine months, almost doubled yoy
- note CAPEX: $694 million 3Q18 vs $135 million 3Q17
- earnings: 74 cents, and that was a recent "bump"
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Two Entirely Different Companies
DNR vs NOG
- both are currently active in North Dakota
- one is a pure play tight oil
- one was mostly seen as an EOR (CO2 injection) but now has sizeable position in Eagle Ford
- neither pays a dividend
- both trading under $4
Denbury Resources Inc. is estimated to report earnings on 11/06/2018. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $0.11. The reported EPS for the same quarter last year was $0.04.earnings for NOG:
Northern Oil and Gas, Inc. is expected* to report earnings on 11/08/2018 after market close. The report will be for the fiscal Quarter ending Sep 2018. According to Zacks Investment Research, based on 6 analysts' forecasts, the consensus EPS forecast for the quarter is $0.11. The reported EPS for the same quarter last year was $0.04.DNR
- trading at $3.36
- 52-week range: $1.13 - $6.75
- market cap: $1.5 billion
- p/e: 7.3
- enterprise value: $4.92 billion
- total cash: $116K
- total debt: $2.8 billion
- trading at $2.92
- 52-week range: $0.72 - $4.49
- market cap: $1.12 billion
- p/e: n/a
- enterprise value: $1.6 billion
- total cash: $201 million
- total debt: $845 million
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