DNR
Posted: Mon Dec 05, 2011 10:09 am
IMO DNR is the safest bet in the Sweet 16 right now. It is trading at a significant discount to my calculated Fair Value and they have a stock buyback in place to support the share price on any dips. - Dan
From Seeking Alpha:
With the world’s central banks trying to reflate the global economy and the prospects for a double dip recession off the table for now, the energy sector looks like a good place to invest given solid earnings growth. Two energy outfits that are 50% under consensus analysts’ price targets that look good here are Halliburton and Denbury Resources.
Halliburton Company (HAL) provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. (From Yahoo Finance)
Four reasons Halliburton is a good buy at just over $36 a share:
The mean analysts’ price target on Halliburton is $54, UBS is at $56 and Argus has a price target of $63 on Halliburton.
The company is selling in the bottom third of its five year valuation range based on P/B, P/E, P/S and P/CF.
The company has beat earnings estimates for each of the last 12 quarters and is price at just 9 times forward PE.
Halliburton has a five year projected PEG of just .42 which is an over 60% discount to its five year average.
Denbury Resources Inc. (DNR) engages in the acquisition, exploitation, drilling, and extraction of oil and natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana, and Alabama. It also owns properties in the Rocky Mountain region, which is primarily located in Montana, North Dakota, Utah, and Wyoming. (From Yahoo Finance)
Four reasons Denbury is a buy at under $17:
The mean analysts’ price target on Denbury is $25 and JP Morgan is all the way up at $29 on DNR
Denbury has a five year projected PEG of just .55 which is an over 70% discount to its five year average.
It has significantly beat earnings estimates the past two quarters and is priced at just 6 times trailing operating cash flow.
The company is selling near the bottom of its five year valuation range based on P/B, P/E, P/S and P/CF.
From Seeking Alpha:
With the world’s central banks trying to reflate the global economy and the prospects for a double dip recession off the table for now, the energy sector looks like a good place to invest given solid earnings growth. Two energy outfits that are 50% under consensus analysts’ price targets that look good here are Halliburton and Denbury Resources.
Halliburton Company (HAL) provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. (From Yahoo Finance)
Four reasons Halliburton is a good buy at just over $36 a share:
The mean analysts’ price target on Halliburton is $54, UBS is at $56 and Argus has a price target of $63 on Halliburton.
The company is selling in the bottom third of its five year valuation range based on P/B, P/E, P/S and P/CF.
The company has beat earnings estimates for each of the last 12 quarters and is price at just 9 times forward PE.
Halliburton has a five year projected PEG of just .42 which is an over 60% discount to its five year average.
Denbury Resources Inc. (DNR) engages in the acquisition, exploitation, drilling, and extraction of oil and natural gas properties in the Gulf Coast region located in Mississippi, Texas, Louisiana, and Alabama. It also owns properties in the Rocky Mountain region, which is primarily located in Montana, North Dakota, Utah, and Wyoming. (From Yahoo Finance)
Four reasons Denbury is a buy at under $17:
The mean analysts’ price target on Denbury is $25 and JP Morgan is all the way up at $29 on DNR
Denbury has a five year projected PEG of just .55 which is an over 70% discount to its five year average.
It has significantly beat earnings estimates the past two quarters and is priced at just 6 times trailing operating cash flow.
The company is selling near the bottom of its five year valuation range based on P/B, P/E, P/S and P/CF.