In this segment, Motley Fool analysts Joel South and Taylor Muckerman discuss companies 15 thru 11 of their Top 20 energy companies to watch. Companies 15 thru 11 can be found here.
CO2 enhanced oil recovery allows Denbury Resources (NYSE: DNR ) to extract crude from aging oil fields at a cost lower than most shale plays in North America. Denbury has an incredible competitive advantage with ownership rights to large sources of CO2 in its Jackson Dome and Lost Cabin storage caverns. In addition, the company has a compounded annual growth rate of 29% over the last 13 years and with more projects in sight, Denbury is staring a 2017 inflection point where oil production increases and capital expenditures drop, creating an opportunity for record free cash flow.
Cash in on high oil prices
Think the days of $100 oil are gone? Think again. In fact, the market is heading in that direction now. But for investors that are positioned to profit from the return of $100 oil, it can't come soon enough. To help investors get rich off of rising oil prices, our top analysts prepared a free report that reveals three stocks that are bound to soar as oil prices climb higher. To discover the identities of these stocks instantly, access your free report by clicking here now.
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