NYSE:ERFEnerplus Stock Price, Forecast & News

Enerplus' stock was trading at $1.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERF stock has increased by 50.3% and is now trading at $2.93. View which stocks have been most impacted by Coronavirus.

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.

Enerplus is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Enerplus.

Enerplus Corp (NYSE:ERF) issued its earnings results on Friday, May, 8th. The oil and natural gas company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.04. The oil and natural gas company had revenue of $170.10 million for the quarter, compared to analysts' expectations of $173 million. Enerplus had a negative net margin of 22.95% and a positive return on equity of 11.92%. View Enerplus' earnings history.

Enerplus announced a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.0074 per share on Wednesday, July 15th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Monday, June 29th. This is a positive change from Enerplus's previous monthly dividend of $0.01. View Enerplus' dividend history.

8 equities research analysts have issued twelve-month price targets for Enerplus' shares. Their forecasts range from $3.00 to $12.00. On average, they expect Enerplus' stock price to reach $5.50 in the next year. This suggests a possible upside of 87.7% from the stock's current price. View analysts' price targets for Enerplus.

Media headlines about ERF stock have been trending very negative on Thursday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Enerplus earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Enerplus.

Enerplus saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,350,000 shares, an increase of 15.6% from the May 31st total of 4,630,000 shares. Based on an average daily volume of 1,780,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.4% of the shares of the stock are sold short. View Enerplus' Current Options Chain.

Some companies that are related to Enerplus include Ovintiv (OVV), Murphy Oil (MUR), Viper Energy Partners (VNOM), CNX Resources (CNX), Range Resources (RRC), Magnolia Oil & Gas (MGY), Southwestern Energy (SWN), Black Stone Minerals (BSM), PDC Energy (PDCE), ARC Resources (AETUF), Matador Resources (MTDR), Crescent Point Energy (CPG), Comstock Resources (CRK), Antero Resources (AR) and Brigham Minerals (MNRL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), Chesapeake Energy (CHK), Pennsylvania R.E.I.T. (PEI), Golar LNG Partners (GMLP), OrganiGram (OGI), DHT (DHT), NGL Energy Partners (NGL), CBL & Associates Properties (CBL) and EnLink Midstream (ENLC).

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

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.

One share of ERF stock can currently be purchased for approximately $2.93.

Enerplus has a market capitalization of $652.07 million and generates $945.62 million in revenue each year. The oil and natural gas company earns $-195,730,000.00 in net income (profit) each year or $0.79 on an earnings per share basis. Enerplus employs 399 workers across the globe.

The official website for Enerplus is www.enerplus.com.

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]