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Stock impact report

At Less Than $2 a Share, These Oil Stocks Could Have Explosive Upside (but Also Risk Imploding) [The Motley Fool]

DENBURY RESOURCES (DNR) 
Last denbury resources earnings: 2/25 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
At Less Than $2 a Share, These Oil Stocks Could Have Explosive Upside (but Also Risk Imploding) They're the definition of a high-risk/high-reward opportunity. Shares of Denbury Resources ( NYSE:DNR ) and Chesapeake Energy ( NYSE:CHK ) have made some big moves over the past year. Denbury Resources' stock, for example, was up a jaw-dropping 199.1% at one point last year, before it crashed back to earth along with oil prices . Chesapeake Energy, meanwhile, was up more than 50% earlier this year before plunging as crude entered another bear market in the past month . With their latest sell-offs, shares of both oil producers now sell for less than $2 apiece. As their big runs in the past year show, both companies have explosive upside when oil prices are on the upswing. That makes them potentially high-reward opportunities should crude prices rebound again. However, as each has also shown, they can quickly crash when crude prices cool off. Denbury Resources is in a tight spot financially Show less Read more
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