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Enerplus Stock Price, Forecast & Analysis (NYSE:ERF)

$6.39
+0.04 (+0.63 %)
(As of 11/18/2019 07:16 AM ET)
Today's Range
$6.37
Now: $6.39
$6.57
50-Day Range
$5.95
MA: $6.60
$7.68
52-Week Range
$5.50
Now: $6.39
$10.40
Volume1.23 million shs
Average Volume1.44 million shs
Market Capitalization$1.42 billion
P/E Ratio5.86
Dividend Yield1.43%
Beta1.65
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company's oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2018, it had proved plus probable gross reserves of approximately 12.7 million barrels (MMbbls) of light and medium crude oil; 28.4 MMbbls of heavy crude oil; 167.2 MMbbls of tight oil; 21.1 MMbbls of natural gas liquids; 41.1 billion cubic feet (Bcf) of conventional natural gas; and 1,149.5 Bcf of shale gas. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone403-298-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$997.46 million
Cash Flow$2.10 per share
Book Value$6.66 per share

Profitability

Net Income$291.84 million

Miscellaneous

Employees399
Market Cap$1.42 billion
Next Earnings Date2/28/2020 (Estimated)
OptionableOptionable

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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 announced a monthly dividend on Monday, October 21st. Stockholders of record on Thursday, October 31st will be given a dividend of $0.008 per share on Friday, November 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Wednesday, October 30th. View Enerplus' Dividend History.

How will Enerplus' stock buyback program work?

Enerplus announced that its Board of Directors has initiated a stock repurchase program on Thursday, March 22nd 2018, which permits the company to buyback 17,100,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

How were Enerplus' earnings last quarter?

Enerplus Corp (NYSE:ERF) announced its quarterly earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate 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 return on equity of 16.47% and a net margin of 32.90%. During the same quarter in the previous year, the company posted $0.35 earnings per share. View Enerplus' Earnings History.

When is Enerplus' next earnings date?

Enerplus is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for Enerplus.

What price target have analysts set for ERF?

8 brokerages have issued 12-month price targets for Enerplus' stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Enerplus' share price to reach $14.29 in the next year. This suggests a possible upside of 123.6% from the stock's current price. View Analyst Price Targets for Enerplus.

What is the consensus analysts' recommendation for Enerplus?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enerplus.

Has Enerplus been receiving favorable news coverage?

Press coverage about ERF stock has been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Enerplus earned a news impact score of -3.0 on InfoTrie's scale. They also gave media coverage about the oil and natural gas company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term. View News Stories for Enerplus.

Are investors shorting Enerplus?

Enerplus saw a increase in short interest in October. As of October 31st, there was short interest totalling 5,160,000 shares, an increase of 32.3% from the September 30th total of 3,900,000 shares. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is currently 3.9 days. Currently, 2.2% of the company's shares are sold short. View Enerplus' Current Options Chain.

Who are some of Enerplus' key competitors?

What other stocks do shareholders of Enerplus own?

Who are Enerplus' key executives?

Enerplus' management team includes the folowing people:
  • Mr. Ian Charles Dundas B.Com., L.L.B., B.Comm., LLB, Pres, CEO & Non-Independent Director (Age 51)
  • 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 63)
  • Mr. Nathan Douglas Fisher, VP of U.S. Devel. & Geosciences

Who are Enerplus' major shareholders?

Enerplus' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Letko Brosseau & Associates Inc. (2.94%), Renaissance Group LLC (0.79%), Alberta Investment Management Corp (0.76%), River & Mercantile Asset Management LLP (0.61%), Greystone Managed Investments Inc. (0.59%) and Ninepoint Partners LP (0.49%).

Which institutional investors are selling Enerplus stock?

ERF stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, JCIC Asset Management Inc., Addenda Capital Inc., Greystone Managed Investments Inc., Letko Brosseau & Associates Inc., Systematic Financial Management LP, Russell Investments Group Ltd. and Albert D Mason Inc..

Which institutional investors are buying Enerplus stock?

ERF stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, River & Mercantile Asset Management LLP, Renaissance Group LLC, Massachusetts Financial Services Co. MA, Alberta Investment Management Corp, First Trust Advisors LP, Grace & White Inc. NY and Ninepoint Partners LP.

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, Robinhood, Fidelity and Charles Schwab.

What is Enerplus' stock price today?

One share of ERF stock can currently be purchased for approximately $6.39.

How big of a company is Enerplus?

Enerplus has a market capitalization of $1.42 billion and generates $997.46 million in revenue each year. The oil and natural gas company earns $291.84 million in net income (profit) each year or $1.09 on an earnings per share basis. Enerplus employs 399 workers across the globe.View Additional Information About Enerplus.

What is Enerplus' official website?

The official website for Enerplus is http://www.enerplus.com/.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  376 (Vote Outperform)
Underperform Votes:  448 (Vote Underperform)
Total Votes:  824
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.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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