Denbury Resources (DNR -4.1%) drops near 52-week lows after at least three firms downgrade shares, citing concerns about how DNR will be able to navigate a lower-for-longer crude price environment in leverage, dividend sustainability and its ability to reinvest in the business.
"looks like they are covered until 2016". It's not 2016 that anybody should be worried about. It's 2 years after that when almost $3BB in debt comes due. Look at SD. DNR is headed down the same road.
It looks to me like the company projects cash flow by how much they can steal from shareholders. Has this ticker ever had a green day in the past 3 years? Holy smokes this stock SUCKS! Who would buy this?