DNR = Free Cash Flow

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dan_s
Posts: 37319
Joined: Fri Apr 23, 2010 8:22 am

DNR = Free Cash Flow

Post by dan_s »

Read this: http://www.fool.com/investing/general/2 ... -mind.aspx

According to my forecast model, if WTI stays over $100/bbl, DNR should be generating a lot of free cash flow next year. Since Denbury sells most of their oil into the Gulf Coast market, they get near Brent pricing already. Brent was trading at over $110/bbl all last week.
Dan Steffens
Energy Prospectus Group
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