S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NYSE:ERF

Enerplus (ERF) Stock Forecast, Price & News

$14.74
+0.74 (+5.28%)
(As of 06/2/2023 ET)
Compare
Today's Range
$14.32
$14.77
50-Day Range
$13.81
$15.46
52-Week Range
$11.00
$19.23
Volume
1.57 million shs
Average Volume
1.16 million shs
Market Capitalization
$3.16 billion
P/E Ratio
3.41
Dividend Yield
1.49%
Price Target
$25.43

Enerplus MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
72.5% Upside
$25.43 Price Target
Short Interest
Healthy
2.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Enerplus in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.42%
From $2.11 to $2.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Oils/Energy Sector

101st out of 245 stocks

Crude Petroleum & Natural Gas Industry

47th out of 79 stocks


ERF stock logo

About Enerplus (NYSE:ERF) Stock

Enerplus Corp. engages in the exploration and production of crude oil and natural gas. It conducts operations in Willston Basin, Marcellus Shale, and Canadian Waterfloods. The firm holds interests in North Dakota, Colorado, Pennsylvania, and in the provinces of Alberta and Saskatchewan. The company was founded in 1986 and is headquartered in Calgary, Canada.

Receive ERF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Enerplus and its competitors with MarketBeat's FREE daily newsletter.

ERF Stock News Headlines

ERF - Enerplus Corporation
ERF.TO - Enerplus Corporation
Why Your IRA Could Crash on June 16th
China will attack Taiwan as soon as June 16th, 2023. The stock market will crash at least 35% when China makes their move.
Brokerages Set Enerplus Co. (NYSE:ERF) PT at $25.43
Enerplus (NYSE:ERF) Now Covered by StockNews.com
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Enerplus (NYSE:ERF) Rating Lowered to Hold at StockNews.com
Enerplus: Q1 Earnings Snapshot
Recap: Enerplus Q1 Earnings
Enerplus (ERF) Set to Announce Earnings on Thursday
Enerplus (NYSE:ERF) Rating Increased to Overweight at Barclays
Short Interest in Enerplus Co. (NYSE:ERF) Rises By 23.8%
Closing Bell: Enerplus Corp down on Thursday (ERF)
Stocks in play: Enerplus Corporation
Enerplus Sees Unusually Large Options Volume (NYSE:ERF)
See More Headlines

ERF Price History

ERF Company Calendar

Last Earnings
11/08/2019
Ex-Dividend for 3/15 Dividend
3/03/2023
Dividend Payable
3/15/2023
Ex-Dividend for 6/15 Dividend
5/30/2023
Today
6/02/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
435
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.43
High Stock Price Forecast
$33.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+72.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$914.30 million
Pretax Margin
57.65%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$5.00 per share
Book Value
$5.32 per share

Miscellaneous

Free Float
213,330,000
Market Cap
$3.16 billion
Optionable
Optionable
Beta
2.18

Key Executives

  • Ian C. Dundas
    President, Chief Executive Officer & Director
  • Wade D. Hutchings
    Chief Operating Officer & Senior Vice President
  • Jodine J. Jenson Labrie
    Chief Financial Officer & Senior Vice President
  • David A. McCoy
    Secretary, Vice President & General Counsel
  • Daniel J. Fitzgerald
    Vice President-Business Development













ERF Stock - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERF shares.
View ERF analyst ratings
or view top-rated stocks.

What is Enerplus' stock price forecast for 2023?

5 equities research analysts have issued 12-month price objectives for Enerplus' shares. Their ERF share price forecasts range from $20.00 to $33.00. On average, they predict the company's share price to reach $25.43 in the next year. This suggests a possible upside of 72.5% from the stock's current price.
View analysts price targets for ERF
or view top-rated stocks among Wall Street analysts.

How have ERF shares performed in 2023?

Enerplus' stock was trading at $17.65 at the beginning of 2023. Since then, ERF stock has decreased by 16.5% and is now trading at $14.7450.
View the best growth stocks for 2023 here
.

Are investors shorting Enerplus?

Enerplus saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,990,000 shares, an increase of 5.3% from the April 15th total of 3,790,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.9% of the shares of the stock are sold short.
View Enerplus' Short Interest
.

When is Enerplus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ERF earnings forecast
.

How were Enerplus' earnings last quarter?

Enerplus Co. (NYSE:ERF) announced its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The oil and natural gas company earned $256.81 million during the quarter, compared to analyst estimates of $251 million. Enerplus had a net margin of 44.08% and a trailing twelve-month return on equity of 72.62%. During the same quarter in the prior year, the business posted $0.35 EPS.

How often does Enerplus pay dividends? What is the dividend yield for Enerplus?

Enerplus declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 annualized dividend and a yield of 2.98%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for ERF
.

What ETFs hold Enerplus' stock?

ETFs with the largest weight of Enerplus (NYSE:ERF) stock in their portfolio include iShares International Small Cap Equity Factor ETF (ISCF).iShares North American Natural Resources ETF (IGE).

Is Enerplus a good dividend stock?

Enerplus (NYSE:ERF) pays an annual dividend of $0.22 per share and currently has a dividend yield of 1.58%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 10.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ERF.

What is Ian C. Dundas' approval rating as Enerplus' CEO?

22 employees have rated Enerplus Chief Executive Officer Ian C. Dundas on Glassdoor.com. Ian C. Dundas has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Enerplus own?
What is Enerplus' stock symbol?

Enerplus trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERF."

Who are Enerplus' major shareholders?

Enerplus' stock is owned by a number of retail and institutional investors. Top institutional investors include Kimmeridge Energy Management Company LLC (3.62%), Wellington Management Group LLP (2.74%), Aventail Capital Group LP (1.85%), SIR Capital Management L.P. (1.64%), Palo Duro Investment Partners LP (1.55%) and Acadian Asset Management LLC (1.35%).

How do I buy shares of Enerplus?

Shares of ERF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Enerplus' stock price today?

One share of ERF stock can currently be purchased for approximately $14.75.

How much money does Enerplus make?

Enerplus (NYSE:ERF) has a market capitalization of $3.16 billion and generates $2.16 billion in revenue each year. The oil and natural gas company earns $914.30 million in net income (profit) each year or $4.32 on an earnings per share basis.

How many employees does Enerplus have?

The company employs 435 workers across the globe.

How can I contact Enerplus?

Enerplus' mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The official website for the company is www.enerplus.com. The oil and natural gas company can be reached via phone at (403) 298-2200, via email at investorrelations@enerplus.com, or via fax at 403-298-2211.

This page (NYSE:ERF) was last updated on 6/3/2023 by MarketBeat.com Staff

My Account -