Denbury Resources (DNR) is the energy industry equivalent of "the other person" in a romantic comedy. It's not the glamorous one who will leave your jaw on the floor, but rather the one you warm up to as time goes on. This quarter was proof of that yet again, as Denbury was right in line with earnings estimates and its production was pretty much on schedule.
What makes Denbury so endearing is its predictability. Production from Its enhanced oil recovery business can be forecast years in advance, which takes much of the guessing game out of the exploration and production industry. Tune into the video below to find out why this type of oil production is so reliable and discover the one thing that Denbury investors should keep an eye on in the future.
