Is This Oil Producer a Buy?

By Joel South and Taylor Muckerman – Aug 6, 2013 at 6:32PM

NYSE: DNR

Denbury Resources

Denbury beats on adjusted earnings per share and records its best quarterly revenue ever. Should you be interested?

Denbury Resources (DNR) delivered a fantastic quarter, not only beating estimates on adjusted earnings per share but also logging its best quarterly revenue in the history of the company at $645 million. In this video, Motley Fool energy analysts Joel South and Taylor Muckerman discuss Denbury's excellent quarter. Joel tells investors what he likes about this oil and gas exploration and production company and talks about what he's looking forward to seeing from Denbury in the future.

Joel South and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool owns shares of Denbury Resources and has the following options: long January 2014 $30 calls on Chesapeake Energy. 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.