Investors focused on the Oils-Energy space have likely heard of Denbury Resources , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Denbury Resources is a member of our Oils-Energy group, which includes 323 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DNR is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for DNR's full-year earnings has moved 25.66% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, DNR has gained about 102.71% so far this year. In comparison, Oils-Energy companies have returned an average of 1.65%. This means that Denbury Resources is outperforming the sector as a whole this year.

Breaking things down more, DNR is a member of the Oil and Gas - Exploration and Production - United States industry, which includes 72 individual companies and currently sits at #156 in the Zacks Industry Rank. Stocks in this group have lost about 3.16% so far this year, so DNR is performing better this group in terms of year-to-date returns.

Investors in the Oils-Energy sector will want to keep a close eye on DNR as it attempts to continue its solid performance.