Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Its crude oil properties are located in the Fort Berthold region of North Dakota and the Elm Coulee field in Richland County, Montana; and crude oil Waterfloods in Alberta and Saskatchewan, Canada. The company's natural gas area primarily consists of its non-operated Marcellus shale gas interests located in northeastern Pennsylvania. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:ERF
Previous Symbol
CUSIPN/A
Phone403-298-2200
Debt
Debt-to-Equity Ratio0.34
Current Ratio1.20
Quick Ratio1.20
Price-To-Earnings
Trailing P/E Ratio12.09
Forward P/E Ratio16.12
P/E GrowthN/A
Sales & Book Value
Annual Sales$709.92 million
Price / Sales3.32
Cash Flow$1.5878 per share
Price / Cash6.09
Book Value$5.10 per share
Price / Book1.90
Profitability
EPS (Most Recent Fiscal Year)$0.80
Net Income$182.82 million
Net Margins13.12%
Return on Equity12.80%
Return on Assets7.52%
Miscellaneous
Employees404
Outstanding Shares243,720,000
Market Cap$2.40 billion
OptionableOptionable
Enerplus (NYSE:ERF) Frequently Asked Questions
What is Enerplus' stock symbol?
Enerplus trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERF."
How often does Enerplus pay dividends? What is the dividend yield for Enerplus?
Enerplus declared a monthly dividend on Monday, October 22nd. Shareholders of record on Tuesday, October 30th will be given a dividend of $0.0077 per share on Thursday, November 15th. This represents a $0.09 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Monday, October 29th. This is a boost from Enerplus's previous monthly dividend of $0.01. View Enerplus' Dividend History.
How will Enerplus' stock buyback program work?
Enerplus announced that its Board of Directors has initiated a share repurchase plan on Thursday, March 22nd 2018, which allows the company to buyback 17,100,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its shares are undervalued.
How were Enerplus' earnings last quarter?
Enerplus Corp (NYSE:ERF) posted its quarterly earnings results on Friday, November, 9th. The oil and natural gas company reported $0.27 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.01. The oil and natural gas company had revenue of $244.50 million for the quarter, compared to analyst estimates of $264.36 million. Enerplus had a net margin of 13.12% and a return on equity of 12.80%. View Enerplus' Earnings History.
When is Enerplus' next earnings date?
What price target have analysts set for ERF?
2 brokers have issued 1-year target prices for Enerplus' shares. Their predictions range from $16.00 to $18.00. On average, they expect Enerplus' stock price to reach $17.00 in the next year. This suggests a possible upside of 75.8% from the stock's current price. View Analyst Price Targets for Enerplus.
What is the consensus analysts' recommendation for Enerplus?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enerplus.
Has Enerplus been receiving favorable news coverage?
Headlines about ERF stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Enerplus earned a news impact score of 1.5 on InfoTrie's scale. They also gave media headlines about the oil and natural gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future.
Are investors shorting Enerplus?
Enerplus saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,919,413 shares, an increase of 63.1% from the September 28th total of 1,789,611 shares. Based on an average daily trading volume, of 626,954 shares, the short-interest ratio is presently 4.7 days. View Enerplus' Current Options Chain.
Who are some of Enerplus' key competitors?
Some companies that are related to Enerplus include Cimarex Energy (XEC), Encana (ECA), Energen (EGN), Parsley Energy (PE), WPX Energy (WPX), Murphy Oil (MUR), Centennial Resource Development (CDEV), Antero Resources (AR), EQT (EQT), Range Resources (RRC), Viper Energy Partners (VNOM), Vermilion Energy (VET), Newfield Exploration (NFX), Black Stone Minerals (BSM) and Chesapeake Energy (CHK).
Who are Enerplus' key executives?
Enerplus' management team includes the folowing people:
- Mr. Ian Charles Dundas B.Comm., LLB, Pres, CEO & Non-Independent Director (Age 50)
- Ms. Jodine J. Jenson Labrie B.Comm, C.A., CBV, Sr. VP & CFO
- Mr. Raymond J. Daniels, Sr. VP of Operations, People & Culture
- Mr. Edward L. McLaughlin, Pres of U.S. Operations (Age 62)
- Drew Mair, Mang. of Investor Relations
Who are Enerplus' major shareholders?
Enerplus' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Connor Clark & Lunn Investment Management Ltd. (5.94%), Letko Brosseau & Associates Inc. (2.87%), Mackenzie Financial Corp (1.74%), TD Asset Management Inc. (1.55%), Allianz Asset Management GmbH (1.20%) and Waratah Capital Advisors Ltd. (1.16%).
Which major investors are selling Enerplus stock?
ERF stock was sold by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., Mackenzie Financial Corp, TD Asset Management Inc., Man Group plc, Letko Brosseau & Associates Inc., William Blair Investment Management LLC, Penn Capital Management Co. Inc. and CIBC World Markets Inc..
Which major investors are buying Enerplus stock?
ERF stock was acquired by a variety of institutional investors in the last quarter, including AGF Investments Inc., Great West Life Assurance Co. Can, Connor Clark & Lunn Investment Management Ltd., Highstreet Asset Management Inc., Canada Pension Plan Investment Board, Hexavest Inc., Ninepoint Partners LP and CIBC Asset Management Inc.
How do I buy shares of Enerplus?
Shares of ERF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Enerplus' stock price today?
One share of ERF stock can currently be purchased for approximately $9.67.
How big of a company is Enerplus?
Enerplus has a market capitalization of $2.40 billion and generates $709.92 million in revenue each year. The oil and natural gas company earns $182.82 million in net income (profit) each year or $0.80 on an earnings per share basis. Enerplus employs 404 workers across the globe.
What is Enerplus' official website?
How can I contact Enerplus?
Enerplus' mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The oil and natural gas company can be reached via phone at 403-298-2200 or via email at [email protected]
MarketBeat Community Rating for Enerplus (NYSE ERF)
MarketBeat's community ratings are surveys of what our community members think about Enerplus and other stocks. Vote "Outperform" if you believe ERF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERF will underperform the S&P 500 over the long term. You may vote once every thirty days.
