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What’s Causing Denbury Resources’ Outperformance in 2018?

Nicholas Chapman
What’s Causing Denbury Resources’ Outperformance in 2018?

Denbury Resources (DNR) is the third-best-performing energy stock from the oil and gas production—or upstream—sector in the US in 2018 so far. Denbury Resources is an enhanced oil recovery (or EOR) upstream company with operations in the Gulf Coast and Rocky Mountain regions in the US. So far in 2018, DNR has risen ~94% to $4.29 from its 2017 close of $2.21.