Denbury Resources Inc. (DNR)

All Comments on DNR

  • commenter
    Sep 03 11:55 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    BP woulk not be paying CHK 1,9 bil for a 25% share of declining fields.
    They did their due diligence and CHK is simply using OPM to find more areage for future developement. Boone has been off on his timing but long term supply demand equation says higher prices. Wait until Putin shuts off Europeon gas this winter or when Israel drops a cookie on Iran.
    Reply
  • commenter
    Aug 19 06:23 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Chesapeake is going to plummet. Simple reason for that: They are on the verge of experiencing Peak production. Just have a look at the numbers of Texas Railroad Commission.
    Statewide monthly gas well gas production for Chesapeake Operating:
    Oct 07 32.9 Nov 07 31.5 Dec 07 31.1 Jan 08 29.9 Feb 08 27.4 Mar 08 27.8 Apr 08 25.7 May 08 25.1
    So, production plummeted by 24% within 8 months. Within these 8 months NG prices surged from 6.17 (Q3 2007) to 11.34 (Q2 2008).
    Also: According to Texas RRC, output from the Barnett Shale peaked in Dec 07 with 3.07 BCF and declined to 2.61 BCF (May 08) so far.
    Shale NG is hot air, just declining too much.

    Reply
  • commenter
    Aug 17 09:22 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    It is too bad he doesn't have wind energy holdings, like Vestas (VWSYF.PK). Vestas, the world's #1 maker of wind turbines, continues to make gains. There are few companies out there planning massive expansions like Vestas, including the world's biggest wind tower factory in Colorado, and the largest wind turbine blades in Isle of Wight, just to name a couple. Reply
  • commenter
    Aug 17 06:32 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    pickens down 20%? So am I, but holding. Reply
  • commenter
    Aug 17 01:55 AM
    Negative Trend for Oil Exploration and Production Stocks [view article]
    COP is cheap even at $60 oil. Reply
  • commenter
    Aug 17 01:02 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Lets not forget that Pickens was down 29% in the previous quarter when he went short energy (early I might add).

    After that quarter he went on Bloomberg and proclaimed he was wrong about being short energy but had righted the ship and was long because oil was going to $150.

    So, If indeed he is down another 19.7% that would mean $1 fell to 71 cents after prematurely being short and then to to 57 cents after going long. Thats a 43 percent decline over that last couple of quarters. Thats a couple of billion in Boone's world. The majority of the OSU athletic departments money is in Boone's fund. It will be interesting to see how that affect the OSU Football Facility Construction Projects taking place right now.

    WOW!! 43% hurts. Every dog has its day (good and bad).
    Reply
  • commenter
    Aug 17 12:33 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    > Commodities go up (sometimes in a bubble) but long term they remain the same except for inflation. There is no shortage of any commodity. When this correction is finished, the value of all commodities will be the same as 2000 or 1940. Buy them and ride it down.
    ----------------------...

    That might be. But it doesn't mean energy companies cannot appreciate faster than commodities. Even if they appreciate at the rate of inflation, it is better than holding money in a bank account with 1% interst. Citibank pays me 1% interest on my cash, it is a disgrace.
    Reply
  • commenter
    Aug 16 07:36 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Speculation has nothing to do with food commodities price increases. If you did your homework it would be plain to see that there are real supply issues in our inventory created by global inflation (aka currency debasement) and the new bio-fuels movement (aka turning ones food crops into fuel for your car). Think of it this way. If ones purchasing power is diminished due to central banks creating money our of thin air, do you:

    A. Keep your money in a depreciating currency and watch your purchasing power erode?

    B. Buy tangleable goods such as food staples knowing tomorrow they are going to cost you more?

    Bottom line, until there is fiscal discipline on a Federal level (we in America are driving the global inflation rate being our currency is currently the World's currency), expect food prices to continue moving higher along with all other commodities. Inflation (the expansion of the money supply via bank bailouts, excessive lending, and a society that is based on borrowing and not savings) is a self perpetuating beast that left uncheck will destroy a currency completely.
    Reply
  • commenter
    Aug 16 05:49 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Be neither bear nor bull, but try to figure out the real picture. The commodities bubble was a result of the lack of any other plausible investment venue, and too much fiat cash floating around looking for someplace to make money,putting at risk the entire global financial infrastructure. Feels good to know that speculating in food commodities caused many more thousands to starve to death, doesn't it? As long as you make some money to live a more oppulent lifestyle, nothing else really matters, right? Reply
  • commenter
    Aug 16 03:32 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    The only fools in this commodities market are those who try to buy and sell in and out of it. If you can't ride the bull you will get trampled. Go long, hang on tight and prepare for the ride of your life. Reply
  • commenter
    Aug 16 03:05 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Before writing on Mr.T Boone Pickers,who shits more value after lunch than what you will ever make in the Oil/Gas trading.
    With your 50$ suites bought in Wal Mart and cheap after shave go and teach pikers like you,not the real life investors like me and other readers who make their living trading futures/options.
    You must better understand the section on Hedge Funds,it is read by guys who have Patek Philippe watches and wear everyday Paul&Shark shirts.
    If you are such an experts o Mr.T Boone who's name sounds much better than your governments bankrupt T-Bonds,go and sell short his holdings or go short Natural Gas.
    And we,the hedge fund beasts and those with a sense of humor and intelligence,will show you the hell.
    Go short the staff kids but before buy real suites as I can't see some nice shaven faces who look like McDonalds cleaners.
    Reply
  • commenter
    Aug 16 02:20 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    "What goes up, must go down". don't worry, energy will be back up BIG TIME! i agree with t.boone pickens. i am going to add to my positions to have a lower cost basis, when oil amd nat. gas goes back up!! i also like his windpower and am in FPL group, which he recommended. Reply
  • commenter
    Aug 16 12:02 PM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Thank you, now we can choose. At the increasing rate the world is using energy, it will be back up soon. Reply
  • commenter
    Aug 16 11:57 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    thanks for the post. i'm more interested in content than individual up/down--either for BP Capital or individual stocks. it's a worthy quarterly perspective. please continue. Reply
  • commenter
    Aug 16 10:50 AM
    T. Boone Pickens Holdings Down Nearly 20% This Quarter [view article]
    Commodities go up (sometimes in a bubble) but long term they remain the same except for inflation. There is no shortage of any commodity. When this correction is finished, the value of all commodities will be the same as 2000 or 1940. Buy them and ride it down. Reply