Finance & Investing | General News | Capital Markets | Continued Listing
Denbury Receives Low Stock Price Warning from NYSE
Denbury Resources Inc. received formal notice from the NYSE that the average closing price of the Company's shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE.
Denbury intends to notify the NYSE of its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements within the six-month cure period.
During the cure period, Denbury's shares of common stock will continue to trade on the NYSE, subject to compliance with other continued listing requirements.
Related Categories :
Finance & Investing
More Finance & Investing News
-
Baytex Energy Corp. First Quarter 2023 Results
-
Silverbow Resources Board Adopts 'Poison Pill' Strategy
-
Bonterra Energy Second Quarter 2022 Results
-
Range Resources Second Quarter 2022 Results
-
Liberty Energy Inc. Second Quarter 2022 Results
West Coast News >>>
-
Kosmos Energy Ltd. First Quarter 2023 Results
-
California Resources Corporation First Quarter 2023 Results -
-
Berry Corporation First Quarter 2023 Results -
-
CPP Investments to acquire 49% stake in Aera Energy -
-
California Resources Third Quarter 2022 Results -