Denbury Resources Posts Loss In Q3

(RTTNews) - Denbury Resources Inc. (DNR) Thursday said it expects full year 2015 total production volumes in a range of 72,500 to 75,500 Boe/d.

For the third quarter, the company reported a net loss of $2.244 million or $6.41 per share, compared to a profit of $91 million or $0.77 per share a year ago. On an adjusted basis, earnings was $63 million or $0.18.

On average, 19 analysts polled by Thomson Reuters expected the company to earn, $0.13 per share. Analysts estimates usually exclude special items.

Revenue for the quarter declined to $303 million from $637.66 million a year ago. Wall Street expected $387.23 million.