Denbury (DEN), an energy stock focused on carbon capture, use, and storage, has outperformed the broader energy sector year-to-date by four times. Jordan Kahn from ACM Funds cites Denbury’s strength on the company’s explosive earnings of late, which Kahn expects to continue. Kahn breaks down the energy stock’s key technical levels to watch as well as the company’s fundamentals ahead of its 3Q earnings report Thursday, Nov. 4, 2021.
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