Denbury Resources Inc. DNR – a predominantly oil exploration and production company – incurred first-quarter 2016 loss of 3 cents per share (excluding one-time items). The Zacks Consensus Estimate was a loss of 6 cents per share. The company had reported earnings of 7 cents in the first quarter of 2015. Denbury Resources Inc. (DNR) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany First-quarter total revenue of $194.8 million decreased from $307.6 million a year ago and came in below the Zacks Consensus Estimate of $288.0 million.Operational PerformanceDuring the reported quarter, production averaged 69,351 barrels of oil equivalent per day (Boe/d) compared with 74,356 Boe/d in the prior-year quarter.Oil production averaged 66,139 barrels per day (approximately 95.4% of the total volume), down 6.3% from the year-ago level. Natural gas production averaged 19,270 thousand cubic feet/Mcf (down 15.3%), on a daily basis.The company’s production from tertiary operations averaged 40,464 barrels per day, down 2% year over year.Oil price realization (including the impact of hedges) averaged $42.71 per barrel in the quarter, down 18.9% year over year. Gas prices, also, fell 41.6% year over year to $1.70 per Mcf. On an oil equivalent basis, the overall price realization was $41.20 per barrel, down 38.2% from the year-earlier level of $66.64 per barrel.FinancialsCash flow from operations was $2.0 million in the reported quarter compared with $137.8 million in the prior year. Oil and natural gas capital investments for the reported period were approximately $52.3 million, down from the year-earlier level of $92.3 million. Cash balance as of Mar 31, 2016, was $8.3 million and total debt was $3,285.2 million.GuidanceDenbury expects full-year 2016 production to decrease about 7–8% from the 2015 level to 64,000–68,000 Boe/d. Full-year capital expenditure is still expected at $200 million.Zacks Rank and Key Stock PicksDenbury currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the energy space are ReneSola Ltd. SOL, Seadrill Partners LLC SDLP and Braskem S.A. BAK. Each of these stocks sports a Zacks Rank #1 (Strong Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BRASKEM SA (BAK): Free Stock Analysis Report DENBURY RES INC (DNR): Free Stock Analysis Report RENESOLA LT-ADR (SOL): Free Stock Analysis Report SEADRILL PTNRS (SDLP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research