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Denbury Resources (DNR) Views?
Posted on 9/24/12 at 1:25 pm
Posted on 9/24/12 at 1:25 pm
Following recent announcemet of Bakken asset sales to XOM, the market basically yawned. Anyone following this one? Seems like they might have received good (top?) dollar for their Bakken assets, plus some other producing fields in their sweet spot (geographically). Thinking of getting some.
1
Posted on 9/24/12 at 3:36 pm to K E V 8 4
Chronically undervalued company. They are leaders in CO2 injection. I think they'd acquired that Bakken in a prior acquisition and they just cashed it plus picked up two quality CO2 candidate oil fields from XOM. They are a leader in CO2 injection, oil producer with a good balance sheet. I've owned them for years, but they never get the recognition they deserve....I do not work at Denbury. 
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