The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Dave believes that Denbury Resources is a fantastic company that is trading at a great price. It just recorded record cash flows and is looking to produce even more in the future. With such a bright future ahead of it, Denbury is Dave's favorite oil company. Ultimately, Dave feels that today's price offers current production at a slight discount, while providing future production for free.