Why These 3 Beaten-Down Oil and Gas Stock Are Soaring Today [The Motley Fool]
DENBURY RESOURCES (DNR)
Last denbury resources earnings: 2/25 06:30 am
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Source: The Motley Fool
Matthew DiLallo (TMFmd9) Author Bio Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo What happened Shares of Antero Resources NYSE:AR Denbury Resources NYSE:DNR Whiting Petroleum NYSE:WLL energy stocks So what The U.S. oil price benchmark, WTI, rallied about % today, closing above $9 a barrel. The primary catalyst was the enthusiasm that the U.S. and China might finally be close to reaching terms on phase one of their trade deal. That agreement should help boost the global economy and demand for crude oil. Image source: Getty Images. While higher oil prices will benefit the entire sector, financially weaker producers like Antero, Denbury, and Whiting will see the greatest positive impact. All three have too much debt for the current
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