Denbury Resources, Inc. (NYSE:DNR)

CAPS Rating: 4 out of 5

The Company is engaged in the acquisition, development, operation and exploration of oil and natural gas properties in the Gulf Coast region of the United States, primarily in Louisiana, Mississippi, Alabama, and Texas.

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Member Avatar HVSTmoon (< 20) Submitted: 3/30/2014 11:47:41 AM : Outperform Start Price: $16.58 DNR Score: -30.37

Disciplined management with a simple strategy.

By focusing on carbon dioxide injection technology, they are able to buy mature oil fields on the cheap and extract natural resources (mostly oil) that other companies would be unlikely to do because they need time to develop the tech and expertise.

Sequestrating (storing) the injected carbon dioxide in these formations will help the fight against global warming too, highlighting conscious capitalism.

Furthermore, management has committed itself to increase dividends over the near 3 years, which is great for shareholders.

So overall, a good management, simple business and good price to buy/add too. Expect to see this guy soar and save the environment at the same time!

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Member Avatar DocH44 (< 20) Submitted: 2/14/2014 4:28:58 PM : Outperform Start Price: $16.18 DNR Score: -29.92

growth could be unlimited--as long as obama keeps the oil companies off of federal land, the old holes become more important--DNR can pull oil from these old wells--only an election and time will tell the tale
seeya
rev gabby

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Member Avatar yooperking (57.19) Submitted: 1/14/2014 1:49:52 PM : Outperform Start Price: $16.17 DNR Score: -30.41

A reasonably priced stock (12 PE) of a company involved in enhanced oil recovery (EOR), using CO2 floods to extract oil from older oil fields,
giving them the highest operating margin in its peer group.

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Member Avatar OILSTKS (< 20) Submitted: 12/12/2013 12:05:58 PM : Outperform Start Price: $15.76 DNR Score: -31.50

Longer term play on tertiary recovery of " spent fields " .

Eventual spin out of some or all assets into a well paying MLP .

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Member Avatar olipapa01 (39.68) Submitted: 12/10/2013 11:56:02 AM : Outperform Start Price: $16.14 DNR Score: -31.75

just watch it in 5 years from now

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Member Avatar rwolf34 (33.68) Submitted: 10/18/2013 1:26:26 PM : Outperform Start Price: $18.73 DNR Score: -46.51

Just bought this stock love the future outlook of this company

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Member Avatar TMFmd19 (93.84) Submitted: 10/12/2013 2:22:32 PM : Outperform Start Price: $18.03 DNR Score: -47.27

The average oil well in America only produces about a third of the oil that's in the ground. That means oil companies are leaving untold billions of barrels of oil worth hundreds of billions of dollars just sitting there. This is oil that could be fueling our economy, but it's not...yet.

It's that remaining oil that my top stock this month, Denbury Resources (NYSE: DNR ) , is focused on getting out of the ground. The company uses an enhanced oil recovery method which sees it injecting carbon dioxide into those wells to get more oil out. While the method has been around since the 1970s, Denbury is the first company to build its business almost exclusively around that process.

What I like about Denbury is that it's a great long-term buy-to-hold oil stock. The company has a plan in place to grow its production by a low teens annual rate for the next decade. Right now it's investing heavily to build the infrastructure needed to bring that growth online. However, because of how the economics of enhanced oil recovery works, the company should be producing significant free cash flow in a couple of years. That means that patient long-term investors should eventually see a substantial dividend to go along with solid oil production growth. That makes Denbury a great way to play the American oil story.

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Member Avatar flacobob (37.70) Submitted: 5/15/2013 9:32:34 PM : Outperform Start Price: $17.94 DNR Score: -51.60

Generational expansion in nat gas & oil

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Member Avatar KimLanners (< 20) Submitted: 11/16/2012 10:55:31 AM : Outperform Start Price: $16.59 DNR Score: -22.96

Oil is always a good play

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Member Avatar TMFHumbleServant (97.51) Submitted: 10/12/2012 2:39:58 PM : Outperform Start Price: $16.00 DNR Score: -59.81

The tertiary oil recovery company has 20 years of carbon dioxide, >1 billion barrels of PPP reservers, and a talented management team to turn into cash flow over the next decade. And the price is very attractive today.

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Member Avatar WWIBD2012 (44.39) Submitted: 9/26/2012 9:08:35 AM : Outperform Start Price: $16.32 DNR Score: -60.29

World Wide Invest Better Day 2012 pick, made by David Meier and John Reeves.

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Member Avatar CharlesVW (32.00) Submitted: 9/15/2012 2:45:07 PM : Outperform Start Price: $17.38 DNR Score: -62.28

CO2 is a very viable oil recovery program. Presently very few good competitors in the US.

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Member Avatar AnxiousBorrower (81.43) Submitted: 7/24/2012 8:39:39 PM : Outperform Start Price: $14.40 DNR Score: -60.15

Oil will eventually keep going up.

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Member Avatar treasureoaks (41.47) Submitted: 7/6/2012 1:17:05 AM : Outperform Start Price: $14.58 DNR Score: -59.75

I agree with members, also I have done well in the past

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Member Avatar jclawsonPHN (65.75) Submitted: 6/20/2012 11:17:26 AM : Outperform Start Price: $14.72 DNR Score: -60.70

Undervalued, "one of a kind" resource (CO2), same basic philosophy as Buffet's cigar butts only with oil.

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Member Avatar bluecollarbroker (42.95) Submitted: 6/1/2012 3:48:21 PM : Outperform Start Price: $14.26 DNR Score: -65.95

value

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Member Avatar Seansonfire (36.91) Submitted: 5/17/2012 6:05:17 PM : Outperform Start Price: $15.56 DNR Score: -76.67

Denbury Resources Inc. (DNR) has a solid business model as a Tertiary Oil Recovery (CO2 Recovery) company that also has direct exposure to the Bakken. They buy under performing or end of life oil assets near their current sources of CO2, continue production and then use tertiary CO2 floods to up the production. Overall they are able to buy assets at low valuations as many of these small operators do not have the capacity or knowledge to be able to do Tertiary Oil Recovery.

They have 5 (Down to 4 soon) drill rigs in the Bakken and are switching from a single well strategy to a pad well strategy in which they will drill 4 wells from each pad. This should reduce drilling costs going forward. Also I expect the overall price differential of Bakken Crude to WTI Crude to narrow with the increases in rail shipments and the Seaway pipeline.

-PEG of 0.4
-PV-10 value of $10B verse a market cap of $6.3B, pretty good upside.
-95% oil production volumes, so you don't have to worry much about Nat Gas prices remaining low like at other producers that have higher Nat Gas production.

Overall a Buy here around 15.5 -16

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Member Avatar Maid1950 (< 20) Submitted: 4/26/2012 8:07:03 PM : Outperform Start Price: $18.62 DNR Score: -73.07

Recovering oil and/or minerals from previously worked claims has become a cost effective business. Proximity to labour, transportation and refining capacity saves millions.

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Member Avatar Jasonpaul8 (< 20) Submitted: 3/15/2012 7:36:12 PM : Outperform Start Price: $15.80 DNR Score: -68.30

This company is vastly needed in the southwest and other areas around Midwest. No where to go but up. Should hit 52 week this yr I bet

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Member Avatar TMFElmosWorld (42.63) Submitted: 2/13/2012 11:21:01 PM : Outperform Start Price: $14.15 DNR Score: -86.21

Great company! Entering second stage of growth with Rocky Montain properties. Favorable economics behind EOR, especially at these oil prices.

Read here: http://beta.fool.com/elmosworld/2012/01/27/end-easy-oil/1358/

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