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

$6.40
-0.10 (-1.54 %)
(As of 11/12/2019 03:56 AM ET)
Today's Range
$6.29
Now: $6.40
$6.50
50-Day Range
$5.95
MA: $6.72
$8.13
52-Week Range
$5.50
Now: $6.40
$10.40
Volume1.48 million shs
Average Volume965,281 shs
Market Capitalization$1.44 billion
P/E Ratio5.87
Dividend Yield1.38%
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$1.98 per share
Book Value$6.43 per share

Profitability

Net Income$291.84 million

Miscellaneous

Employees399
Market Cap$1.44 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 declared a monthly dividend on Monday, October 21st. Shareholders 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 yield of 1.50%. The ex-dividend date is Wednesday, October 30th. View Enerplus' Dividend History.

How will Enerplus' stock buyback program work?

Enerplus announced that its Board of Directors has approved a stock buyback 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 generally a sign that the company's leadership believes its shares are undervalued.

How were Enerplus' earnings last quarter?

Enerplus Corp (NYSE:ERF) issued its quarterly earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 earnings per share 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 analysts' expectations of $251 million. Enerplus had a net margin of 35.14% and a return on equity of 18.02%. During the same quarter last year, the company earned $0.35 EPS. 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 analysts have issued twelve-month price objectives for Enerplus' stock. Their forecasts range from $12.00 to $21.50. On average, they expect Enerplus' stock price to reach $15.79 in the next year. This suggests a possible upside of 146.7% 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 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enerplus.

Has Enerplus been receiving favorable news coverage?

News headlines about ERF stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Enerplus earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned news stories about the oil and natural gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Enerplus.

Are investors shorting Enerplus?

Enerplus saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 3,900,000 shares, a drop of 12.6% from the September 30th total of 4,460,000 shares. Based on an average trading volume of 1,300,000 shares, the short-interest ratio is currently 3.0 days. Currently, 1.7% 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 many different of retail and institutional investors. Top institutional shareholders 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 major 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 major 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 $6.40.

How big of a company is Enerplus?

Enerplus has a market capitalization of $1.44 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:  375 (Vote Outperform)
Underperform Votes:  448 (Vote Underperform)
Total Votes:  823
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 11/12/2019 by MarketBeat.com Staff

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