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Denbury Resources Inc. Message Board

  • dkwilk dkwilk Apr 24, 2013 9:22 AM Flag

    Bakken producer reports tonight

    Whiting ( WLL ) reports tonight on earnings.. insite into the bakken for the qtr. don

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    • Newfield up today, probably got too cheap. With a good sale of intl assets, could be a good bet. Some think NAV is $40s.

      Listening to Chanos on China, always worth listening to, there are still a few that are. He is probably right that it will have its reckoning sometime, just not sure when, the weight of printing money slowly sinks the boat, he has been in that position for a while. Thinking about this comments, China kind of reminds me of a lot of e and p cos, China's focus is on GDP growth, to the detriment of other things, balance sheet.... Almost every e and p leads with production growth, eps is secondary. Seems in this rally, too late to buy and too early to sell, but not sure about the latter. E and p s at $90 oil seem cheap but if China falls apart, crude will not do well.

 
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