Shares of DEN are trading 11% higher - company exploring💸 a sale💸?

Denbury Inc. - New (DEN) is trading 11% higher at $87.19 today. While it's generally been a mildly optimistic day for this part of the market, the company is outrunning it's peers in the Energy sector.

Shares appear to be jumping on rumors of a possible sale.

Denbury Inc. - New has been trading between a 52-week high of $91.3 and a 52-week low of $56.59. The stock has a market cap of $4.34 Billion.

Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions. The Company's goal is to increase the value of its properties through a combination of exploitation, drilling and proven engineering extraction practices, with the most significant emphasis relating to CO2 enhanced oil recovery operations.