The Best Oil Stock Today
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.
As oil prices climb, investors can find opportunities to ride the wave of surging profits for energy companies. Take a look at the top oil stocks recommended by Motley Fool analysts in a recent special free report: "3 Stocks for $100 Oil." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Fool on!
At the time this article was published David Meier and John Reeves have no positions in the stocks mentioned above. The Motley Fool owns shares of Denbury Resources. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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