Enerplus Corporation Company Profile (NYSE:ERF)

About Enerplus Corporation (NYSE:ERF)

Enerplus Corporation logoEnerplus Corporation is an oil and natural gas company. The Company's oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company's oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE). The Company's primary crude oil properties in the United States are located in the Fort Berthold region of North Dakota and in Richland County, Montana.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Exploration and Production - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:ERF
  • CUSIP: N/A
  • Web: www.enerplus.com
  • Market Cap: $2.09926 billion
  • Outstanding Shares: 242,128,000
Average Prices:
  • 50 Day Moving Avg: $8.15
  • 200 Day Moving Avg: $8.33
  • 52 Week Range: $5.61 - $10.33
  • Trailing P/E Ratio: 4.08
  • Foreward P/E Ratio: 10.97
  • P/E Growth: 0.13
Sales & Book Value:
  • Annual Revenue: $607.09 million
  • Price / Sales: 3.46
  • Book Value: $4.99 per share
  • Price / Book: 1.74
  • Annual Dividend: $0.09
  • Dividend Yield: 1.0%
  • EBIDTA: $283.26 million
  • Net Margins: 78.95%
  • Return on Equity: 0.14%
  • Return on Assets: 0.07%
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 2.10%
  • Quick Ratio: 2.10%
  • Average Volume: 1.18 million shs.
  • Beta: 1.39
  • Short Ratio: 3.4
Frequently Asked Questions for Enerplus Corporation (NYSE:ERF)

What is Enerplus Corporation's stock symbol?

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

How often does Enerplus Corporation pay dividends? What is the dividend yield for Enerplus Corporation?

Enerplus Corporation declared a monthly dividend on Thursday, July 20th. Stockholders of record on Monday, July 31st will be given a dividend of $0.0079 per share on Tuesday, August 15th. This represents a $0.10 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Thursday, July 27th. View Enerplus Corporation's Dividend History.

How were Enerplus Corporation's earnings last quarter?

Enerplus Corporation (NYSE:ERF) announced its quarterly earnings results on Friday, May, 5th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.21. The firm had revenue of $172.11 million for the quarter, compared to analyst estimates of $233.23 million. Enerplus Corporation had a net margin of 78.95% and a return on equity of 0.14%. During the same period in the prior year, the firm posted ($0.84) EPS. View Enerplus Corporation's Earnings History.

Where is Enerplus Corporation's stock going? Where will Enerplus Corporation's stock price be in 2017?

6 brokers have issued twelve-month price objectives for Enerplus Corporation's stock. Their forecasts range from $13.00 to $16.00. On average, they expect Enerplus Corporation's share price to reach $14.50 in the next year. View Analyst Ratings for Enerplus Corporation.

What are analysts saying about Enerplus Corporation stock?

Here are some recent quotes from research analysts about Enerplus Corporation stock:

  • 1. According to Zacks Investment Research, "Enerplus Corporation, formerly known as Enerplus Resources, is an independent oil and gas production company with resources across Western Canada and the United States. The Company's resource plays include shallow gas/coal bed methane, tight gas, crude oil waterfloods, Bakken/Tight oil and oil sands located in British Columbia, Alberta, Saskatchewan and Manitoba. Enerplus Corporation is based in Alberta, Canada. " (7/5/2017)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: February 24, 2017, 08:10 ET Date and time of production: February 24, 2017, 08:10 ET Target Price / Valuation Methodology: Enerplus Corporation – ERF Our price target for Enerplus of C$16.00 is based on a ~1.0x multiple to our contingent net asset value (CNAV) estimate of ~$15.80 per share." (2/24/2017)

Are investors shorting Enerplus Corporation?

Enerplus Corporation saw a increase in short interest during the month of June. As of June 30th, there was short interest totalling 4,095,076 shares, an increase of 98.7% from the June 15th total of 2,060,506 shares. Based on an average trading volume of 1,244,222 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.7% of the shares of the company are sold short.

Who are some of Enerplus Corporation's key competitors?

Who are Enerplus Corporation's key executives?

Enerplus Corporation's management team includes the folowing people:

  • Ian C. Dundas, President, Chief Executive Officer, Director
  • Jodine J. Jenson Labrie, Chief Financial Officer, Senior Vice President
  • Edward L. McLaughlin, President, U.S. Operations
  • Raymond J. Daniels, Senior Vice President - Operations, People & Culture
  • Eric G. Le Dain, Senior Vice President - Corporate Development, Commercial
  • David A. McCoy, Vice President, General Counsel, Corporate Secretary
  • Nathan D. Fisher, Vice President - U.S. Development & Geosciences
  • John Edward Hoffman, Vice President - Canadian Operations
  • Daniel J. Fitzgerald, Vice President - Business Development
  • Shaina Brianne Morihira, Corporate Controller

Who owns Enerplus Corporation stock?

Enerplus Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (1.17%), Dalton Greiner Hartman Maher & Co. (0.05%), KAMES CAPITAL plc (0.03%), US Bancorp DE (0.02%), Creative Planning (0.01%) and Private Capital Management Inc. (0.01%). View Institutional Ownership Trends for Enerplus Corporation.

Who bought Enerplus Corporation stock? Who is buying Enerplus Corporation stock?

Enerplus Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Dalton Greiner Hartman Maher & Co., KAMES CAPITAL plc, Private Capital Management Inc., Creative Planning and US Bancorp DE. View Insider Buying and Selling for Enerplus Corporation.

How do I buy Enerplus Corporation stock?

Shares of Enerplus Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Enerplus Corporation's stock price today?

One share of Enerplus Corporation stock can currently be purchased for approximately $8.67.

MarketBeat Community Rating for Enerplus Corporation (NYSE ERF)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about Enerplus Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Enerplus Corporation (NYSE:ERF) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.50 (67.24% upside)

Analysts' Ratings History for Enerplus Corporation (NYSE:ERF)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/11/2017Capital One Financial CorporationInitiated CoverageOverweight$13.00MediumView Rating Details
5/8/2017Canaccord GenuityReiterated RatingBuy$16.00HighView Rating Details
2/10/2017BMO Capital MarketsUpgradeMarket Perform -> Outperform$15.00N/AView Rating Details
12/13/2016ScotiabankUpgradeSector Perform -> OutperformN/AView Rating Details
11/28/2016Credit Suisse GroupSet Price TargetBuy$14.00N/AView Rating Details
11/14/2016National Bank FinancialReiterated RatingOutperfrom Under WeightN/AView Rating Details
10/6/2016Barclays PLCReiterated RatingBuyN/AView Rating Details
6/6/2016Raymond James Financial, Inc.Initiated CoverageOutperformN/AView Rating Details
6/6/2016MacquarieUpgradeNeutral -> OutperformN/AView Rating Details
11/9/2015Royal Bank Of CanadaBoost Price TargetOutperform$12.00 -> $13.00N/AView Rating Details
9/23/2015CIBCLower Price Target$13.00 -> $9.50N/AView Rating Details
8/11/2015FirstEnergy CapitalLower Price TargetMarket Perform -> Outperform$13.50 -> $12.50N/AView Rating Details
8/7/2015Bank of America CorporationUpgradeUnderperform -> HoldN/AView Rating Details
(Data available from 7/24/2015 forward)


Earnings History for Enerplus Corporation (NYSE:ERF)
Earnings by Quarter for Enerplus Corporation (NYSE:ERF)
Earnings History by Quarter for Enerplus Corporation (NYSE ERF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/5/20173/31/2017$0.02$0.23$233.23 million$172.11 millionViewN/AView Earnings Details
2/24/2017Q416$0.03$0.12$199.00 million$162.87 millionViewN/AView Earnings Details
11/14/2016Q316$0.01($0.42)$173.16 million$188.30 millionViewN/AView Earnings Details
8/5/2016Q216($0.10)($0.77)$158.40 million$152.40 millionViewN/AView Earnings Details
11/6/2015Q216($0.06)($0.32)$263.75 million$228.30 millionViewN/AView Earnings Details
8/7/2015Q215$0.07$0.04$280.69 million$188.65 millionViewN/AView Earnings Details
5/8/2015Q116$0.06$0.11$271.20 million$169.62 millionViewN/AView Earnings Details
2/20/2015Q415$0.23$0.58$259.38 millionViewN/AView Earnings Details
11/7/2014Q314$0.25$0.28$457.10 million$456.20 millionViewN/AView Earnings Details
8/8/2014Q214$0.36$0.18$491.37 million$339.53 millionViewN/AView Earnings Details
5/9/2014Q114$0.16$0.18$479.45 million$376.80 millionViewN/AView Earnings Details
11/8/2013$0.23$0.16ViewN/AView Earnings Details
8/9/2013$0.24$0.25ViewN/AView Earnings Details
5/10/2013$0.08$0.16ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Enerplus Corporation (NYSE:ERF)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.08$0.08$0.08
Q3 20171$0.11$0.11$0.11
Q4 20171$0.12$0.12$0.12
(Data provided by Zacks Investment Research)


Current Dividend Information for Enerplus Corporation (NYSE:ERF)
Next Dividend:8/15/2017
Annual Dividend:$0.09
Dividend Yield:1.04%
Dividend Growth:-48.90% (3 Year Average)
Payout Ratio:4.79% (Trailing 12 Months of Earnings)
13.04% (Based on This Year's Estimates)
11.39% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Enerplus Corporation (NYSE:ERF)

Dividend History by Quarter for Enerplus Corporation (NYSE ERF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/23/2013may 13$0.095/1/20135/3/20135/21/2013
2/21/2013mar 13$0.093/1/20133/5/20133/20/2013
1/25/2013feb 13$0.092/1/20132/5/20132/20/2013
12/21/2012jan 13$0.091/2/20131/4/20131/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Enerplus Corporation (NYSE:ERF)
No insider trades for this company have been tracked by MarketBeat.com


Headline Trends for Enerplus Corporation (NYSE:ERF)
Latest Headlines for Enerplus Corporation (NYSE:ERF)
americanbankingnews.com logoEnerplus Corporation (NYSE:ERF) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 21 at 1:14 PM
americanbankingnews.com logoEnerplus Corporation (NYSE:ERF) Announces Monthly Dividend of $0.01
www.americanbankingnews.com - July 21 at 10:30 AM
streetinsider.com logoForm 6-K ENERPLUS Corp For: Jul 20
www.streetinsider.com - July 20 at 3:54 PM
finance.yahoo.com logoEnerplus Announces Cash Dividend for August 2017
finance.yahoo.com - July 20 at 3:53 PM
nasdaq.com logoEnerplus (ERF) Shares Cross Above 200 DMA
www.nasdaq.com - July 19 at 4:50 PM
americanbankingnews.com logoEnerplus Corporation (NYSE:ERF) Short Interest Update
www.americanbankingnews.com - July 19 at 7:08 AM
americanbankingnews.com logo Brokerages Expect Enerplus Corporation (NYSE:ERF) to Post $0.08 EPS
www.americanbankingnews.com - July 17 at 6:26 PM
americanbankingnews.com logoEnerplus Corporation (NYSE:ERF) Upgraded at ValuEngine
www.americanbankingnews.com - July 16 at 4:34 PM
americanbankingnews.com logoEquities Analysts Set Expectations for Enerplus Corporation's Q2 2017 Earnings (NYSE:ERF)
www.americanbankingnews.com - July 13 at 10:00 AM
americanbankingnews.com logoCapital One Financial Corporation Begins Coverage on Enerplus Corporation (NYSE:ERF)
www.americanbankingnews.com - July 11 at 10:43 AM
finance.yahoo.com logoEnerplus Corp. – Value Analysis (NYSE:ERF) : July 10, 2017
finance.yahoo.com - July 10 at 6:14 PM
finance.yahoo.com logoEnerplus Corp. breached its 50 day moving average in a Bearish Manner : ERF-US : July 7, 2017
finance.yahoo.com - July 8 at 10:32 AM
americanbankingnews.com logoEnerplus Corporation (ERF) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - July 5 at 8:10 PM
americanbankingnews.com logoEnerplus Corporation (NYSE:ERF) Upgraded at BidaskClub
www.americanbankingnews.com - June 30 at 11:32 PM
finance.yahoo.com logoEnerplus Corp. : ERF-US: Dividend Analysis : June 29th, 2017 (record date) : By the numbers : June 27, 2017
finance.yahoo.com - June 27 at 5:18 PM
americanbankingnews.com logoEnerplus Corporation (ERF) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - June 26 at 1:14 PM
americanbankingnews.com logoEnerplus Corporation (ERF) Plans $0.01 Dividend
www.americanbankingnews.com - June 20 at 8:10 AM
streetinsider.com logoForm 6-K ENERPLUS Corp For: Jun 19
www.streetinsider.com - June 19 at 1:26 PM
finance.yahoo.com logoEnerplus Announces Cash Dividend for July 2017
finance.yahoo.com - June 19 at 1:26 PM
finance.yahoo.com logoEnerplus Corp. breached its 50 day moving average in a Bearish Manner : ERF-US : June 16, 2017
finance.yahoo.com - June 16 at 3:39 PM
finance.yahoo.com logoETFs with exposure to Enerplus Corp. : June 8, 2017
finance.yahoo.com - June 8 at 6:00 PM
americanbankingnews.com logoEnerplus Corp (ERF) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - June 6 at 6:54 PM
americanbankingnews.com logoEnerplus Corp (ERF) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - June 5 at 7:32 PM
nasdaq.com logo5 Oil Stocks that Outperformed the Commodity in May
www.nasdaq.com - June 1 at 10:47 PM
americanbankingnews.com logoEnerplus Corp (ERF) Short Interest Down 34.2% in May
www.americanbankingnews.com - May 31 at 8:46 AM
finance.yahoo.com logoETFs with exposure to Enerplus Corp. : May 29, 2017
finance.yahoo.com - May 29 at 5:01 PM
finance.yahoo.com logoEnerplus Corp. : ERF-US: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 25, 2017
finance.yahoo.com - May 25 at 7:01 PM
finance.yahoo.com logoETFs with exposure to Enerplus Corp. : May 18, 2017
finance.yahoo.com - May 19 at 5:02 AM
americanbankingnews.com logoEnerplus Corp (erf) Announces $0.01 Dividend
www.americanbankingnews.com - May 17 at 12:48 PM
finance.yahoo.com logoEnerplus Corp. :ERF-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 10:53 AM
finance.yahoo.com logoEnerplus Announces Cash Dividend for June 2017
finance.yahoo.com - May 16 at 11:53 AM
finance.yahoo.com logoEnerplus Corp. – Value Analysis (NYSE:ERF) : May 12, 2017
finance.yahoo.com - May 12 at 5:30 PM
finance.yahoo.com logoEnerplus Corp. breached its 50 day moving average in a Bullish Manner : ERF-US : May 11, 2017
finance.yahoo.com - May 11 at 5:39 PM
americanbankingnews.com logoEnerplus Corp (ERF) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 10 at 11:54 PM
americanbankingnews.com logoZacks Investment Research Downgrades Enerplus Corp (ERF) to Hold
www.americanbankingnews.com - May 9 at 7:30 PM
americanbankingnews.com logoEnerplus Corp (ERF) Receives $13.56 Consensus Target Price from Brokerages
www.americanbankingnews.com - May 8 at 11:32 PM
americanbankingnews.com logoEnerplus Corp's (ERF) "Buy" Rating Reiterated at Canaccord Genuity
www.americanbankingnews.com - May 8 at 9:16 AM
finance.yahoo.com logoEnerplus Announces First Quarter 2017 Results
finance.yahoo.com - May 5 at 5:12 PM
finance.yahoo.com logoEnerplus posts 1Q profit
finance.yahoo.com - May 5 at 5:12 PM
finance.yahoo.com logoTransCanada to Divest 2 Gas Pipelines for $765 Million
finance.yahoo.com - May 5 at 5:12 PM
americanbankingnews.com logoEnerplus Corp (ERF) Releases Earnings Results
www.americanbankingnews.com - May 5 at 4:41 PM
americanbankingnews.com logoEnerplus Corp (ERF) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 5 at 11:50 AM
finance.yahoo.com logoPioneer Natural (PXD) Q1 Earnings & Revenues Beat Estimates
finance.yahoo.com - May 4 at 11:27 AM
americanbankingnews.com logoEnerplus Corp (ERF) Receiving Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - May 3 at 6:10 PM
americanbankingnews.com logoEnerplus Corp (ERF) Getting Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 2:51 PM
finance.yahoo.com logoKinder Morgan Files for IPO to Fund Trans Mountain Project
finance.yahoo.com - April 26 at 10:39 PM
finance.yahoo.com logoEnerplus Corp. : ERF-US: Dividend Analysis : April 28th, 2017 (record date) : By the numbers : April 26, 2017
finance.yahoo.com - April 26 at 10:39 PM
americanbankingnews.com logoSomewhat Critical News Coverage Unlikely to Affect Enerplus Corp (ERF) Stock Price
www.americanbankingnews.com - April 26 at 6:06 PM
americanbankingnews.com logoEnerplus Corp (ERF) Earning Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 23 at 8:54 PM
finance.yahoo.com logoETFs with exposure to Enerplus Corp. : April 19, 2017
finance.yahoo.com - April 19 at 4:57 PM



Enerplus Corporation (ERF) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff