Denbury Resources: Enhanced Oil Recovery Champions
Aug 24th 2012 11:33AM
Updated Aug 24th 2012 4:48PM
The energy sector is full of niche players like Heckmann and CARBO Ceramics, but if you are looking for an under-the-radar company that is currently undervalued then you need to look at Denbury Resources. This tremendous company is the leader in tertiary oil recover and currently has more than 1 billion barrels of oil reserve potential. Trading at 1.6 times tangible book value, Denbury is about as cheap as they come.
Denbury is a great value, but there are other players in this space that are positioned to soar as oil prices increasingly rise. If you're on the lookout for some currently intriguing energy plays, check out The Motley Fool's 3 Stocks for $100 Oil. You can get free access to this special report by clicking here.
The article Denbury Resources: Enhanced Oil Recovery Champions originally appeared on Fool.com.Austin Smith and Joel South have no positions in the stocks mentioned above. The Motley Fool owns shares of CARBO Ceramics, Denbury Resources, and Heckmann and has the following options: long JAN 2014 $4.00 calls on Heckmann. Motley Fool newsletter services recommend Kinder Morgan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.