Video on why you need to own Denbury Resources. Heavily weighted to oil. Selling 45% in the gulf coast market at a premium price and over a decade of double digit production growth locked in.
http://www.fool.com/investing/general/2 ... today.aspx
DNR
Re: DNR
Excellent points and more on why I really like DNR.
http://seekingalpha.com/article/423421- ... urce=yahoo
http://seekingalpha.com/article/423421- ... urce=yahoo
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: DNR
dan, i agree with how good dnr looks, but i have held it for almost two years and it has had a crappy performance--range bound most of the time between 14 and 19 with no growth in its charts. it is really hard to understand. with built in growth like it has it should sooner or later start to show it.
Re: DNR
If oil stays over $100, DNR is going to put together some impressive quarters. It is up over 30% YTD, so let's not be too greedy.
I have seen this before. A company makes a major acquisition and then is range bound until the smoke clears. Wall Street analysts are lazy. They don't do the work to see DNR's potential with the Encore assets. It will soon become clear. I have seen more coverage on DNR since their impressive reserve report.
I have seen this before. A company makes a major acquisition and then is range bound until the smoke clears. Wall Street analysts are lazy. They don't do the work to see DNR's potential with the Encore assets. It will soon become clear. I have seen more coverage on DNR since their impressive reserve report.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group