Oil and gas company Denbury Resources said Thursday its profit grew 8.3 percent in the third quarter as oil and natural gas sales propelled revenue to more than double from a year earlier.
The company reported net income of $29.1 million, or 7 cents a share, for the three months ended Sept. 30. That compares with net income of $26.9 million, or 11 cents a share on fewer shares outstanding, in the prior-year quarter.
Source: Bloomberg
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