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.
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Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone403-298-2200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$997.46 million
Profitability
Miscellaneous
Employees399
Next Earnings Date11/8/2019 (Estimated)
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 Tuesday, August 20th. Investors of record on Friday, August 30th will be paid a dividend of $0.008 per share on Monday, September 16th. This represents a $0.10 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, August 29th. View Enerplus' Dividend History.
How will Enerplus' stock buyback program work?
Enerplus announced that its board has initiated a share repurchase plan on Thursday, March 22nd 2018, which allows the company to repurchase 17,100,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.
How were Enerplus' earnings last quarter?
Enerplus Corp (NYSE:ERF) released its quarterly earnings results on Friday, August, 9th. The oil and natural gas company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.09. The oil and natural gas company had revenue of $240.33 million for the quarter, compared to analysts' expectations of $232 million. Enerplus had a return on equity of 18.02% and a net margin of 35.14%. During the same period in the prior year, the business posted $0.05 earnings per share. View Enerplus' Earnings History.
When is Enerplus' next earnings date?
What price target have analysts set for ERF?
8 brokerages have issued twelve-month price objectives for Enerplus' stock. Their predictions range from $15.00 to $21.50. On average, they anticipate Enerplus' stock price to reach $17.10 in the next twelve months. This suggests a possible upside of 113.2% 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 3 hold ratings and 5 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 trended negative on Friday, according to InfoTrie Sentiment Analysis. 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 companies on a scale of -5 to 5, with scores closest to five being the most favorable. Enerplus earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Enerplus.
Are investors shorting Enerplus?
Enerplus saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,212,700 shares, an increase of 9.8% from the July 31st total of 5,658,100 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is presently 6.1 days. Approximately 2.7% of the shares of the company are short sold. View Enerplus' Current Options Chain.
Who are some of Enerplus' key competitors?
Some companies that are related to Enerplus include Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), EQT (EQT), Vermilion Energy (VET), Kosmos Energy (KOS), Chesapeake Energy (CHK), Crescent Point Energy (CPG), Tellurian (TELL) and PDC Energy (PDCE).
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 Connor Clark & Lunn Investment Management Ltd. (4.19%), Royal Bank of Canada (3.46%), Letko Brosseau & Associates Inc. (2.88%), Vanguard Group Inc. (2.80%), Boston Partners (2.46%) and TD Asset Management Inc. (2.18%).
Which institutional investors are selling Enerplus stock?
ERF stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., PCJ Investment Counsel Ltd., Mackenzie Financial Corp, Morgan Stanley, D. E. Shaw & Co. Inc., Intact Investment Management Inc., TD Asset Management Inc. and Bank of America Corp DE.
Which institutional investors are buying Enerplus stock?
ERF stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Caymus Capital Partners L.P., Toronto Dominion Bank, Toronto Dominion Bank, Ninepoint Partners LP, Wells Fargo & Company MN, Hillsdale Investment Management Inc. and Royal Bank of Canada.
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 $8.02.
How big of a company is Enerplus?
Enerplus has a market capitalization of $1.83 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?
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.
