Enerplus 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: $2.23 billion
- Outstanding Shares: 242,128,000
- 50 Day Moving Avg: $8.23
- 200 Day Moving Avg: $8.31
- 52 Week Range: $5.61 - $10.33
Sales & Book Value:
- Trailing P/E Ratio: 4.33
- Foreward P/E Ratio: 13.32
- P/E Growth: 0.13
- Annual Revenue: $607.09 million
- Price / Sales: 3.67
- Book Value: $4.99 per share
- Price / Book: 1.84
- 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: 1.19 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 1.03%. The ex-dividend date of this dividend 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 data on Friday, May, 5th. The company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.21. The business had revenue of $172.11 million for the quarter, compared to analysts' expectations 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 last year, the firm earned ($0.84) earnings per share. View Enerplus Corporation's Earnings History.
When will Enerplus Corporation make its next earnings announcement?
Where is Enerplus Corporation's stock going? Where will Enerplus Corporation's stock price be in 2017?
6 brokerages have issued 12 month target prices for Enerplus Corporation's shares. Their predictions range from $13.00 to $16.00. On average, they anticipate 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 in 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 daily trading volume, of 1,244,222 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.7% of the company's stock are sold short.
Who are some of Enerplus Corporation's key competitors?
Some companies that are related to Enerplus Corporation include WPX Energy (WPX), Vermilion Energy (VET), Black Stone Minerals, L.P. (BSM), PDC Energy (PDCE), Laredo Petroleum (LPI), Southwestern Energy Company (SWN), Kosmos Energy (KOS), Gulfport Energy Corporation (GPOR), Matador Resources Company (MTDR), Transportadora De Gas Sa Ord B (TGS), Callon Petroleum Company (CPE), SM Energy Co (SM), Magellan Petroleum Corporation (TELL), Whiting Petroleum Corporation (WLL), Viper Energy Partners LP (VNOM), SRC Energy (SRCI), SRC Energy (SRCI) and Tullow Oil plc (TLW).
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 retail and institutional investors. Top institutional investors include Bank of Montreal Can (1.17%), Greystone Managed Investments Inc. (1.01%), Lincluden Management Ltd. (0.64%), Acadian Asset Management LLC (0.50%), Boston Advisors LLC (0.18%) and Great West Life Assurance Co. Can (0.13%). View Institutional Ownership Trends for Enerplus Corporation.
Who sold Enerplus Corporation stock? Who is selling Enerplus Corporation stock?
Enerplus Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Greystone Managed Investments Inc., Lincluden Management Ltd., Albert D Mason Inc. and CIBC Asset Management Inc. View Insider Buying and Selling for Enerplus Corporation.
Who bought Enerplus Corporation stock? Who is buying Enerplus Corporation stock?
Enerplus Corporation's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Boston Advisors LLC, Great West Life Assurance Co. 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?
MarketBeat Community Rating for Enerplus Corporation (NYSE ERF)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.
One share of Enerplus Corporation stock can currently be purchased for approximately $9.19.
Consensus Ratings for Enerplus Corporation (NYSE:ERF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$14.50 (57.78% upside)|
Analysts' Ratings History for Enerplus Corporation (NYSE:ERF)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/11/2017||Capital One Financial Corporation||Initiated Coverage||Overweight||$13.00||Medium|
|5/8/2017||Canaccord Genuity||Reiterated Rating||Buy||$16.00||High|
|2/10/2017||BMO Capital Markets||Upgrade||Market Perform -> Outperform||$15.00||N/A|
|12/13/2016||Scotiabank||Upgrade||Sector Perform -> Outperform||N/A|
|11/28/2016||Credit Suisse Group||Set Price Target||Buy||$14.00||N/A|
|11/14/2016||National Bank Financial||Reiterated Rating||Outperfrom Under Weight||N/A|
|10/6/2016||Barclays PLC||Reiterated Rating||Buy||N/A|
|6/6/2016||Raymond James Financial, Inc.||Initiated Coverage||Outperform||N/A|
|6/6/2016||Macquarie||Upgrade||Neutral -> Outperform||N/A|
|11/9/2015||Royal Bank Of Canada||Boost Price Target||Outperform||$12.00 -> $13.00||N/A|
|9/23/2015||CIBC||Lower Price Target||$13.00 -> $9.50||N/A|
|8/11/2015||FirstEnergy Capital||Lower Price Target||Market Perform -> Outperform||$13.50 -> $12.50||N/A|
|8/7/2015||Bank of America Corporation||Upgrade||Underperform -> Hold||N/A|
Earnings History for Enerplus Corporation (NYSE:ERF)Earnings History by Quarter for Enerplus Corporation (NYSE ERF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/5/2017||3/31/2017||$0.02||$0.23||$233.23 million||$172.11 million||View||N/A|
|2/24/2017||Q416||$0.03||$0.12||$199.00 million||$162.87 million||View||N/A|
|11/14/2016||Q316||$0.01||($0.42)||$173.16 million||$188.30 million||View||N/A|
|8/5/2016||Q216||($0.10)||($0.77)||$158.40 million||$152.40 million||View||N/A|
|11/6/2015||Q216||($0.06)||($0.32)||$263.75 million||$228.30 million||View||N/A|
|8/7/2015||Q215||$0.07||$0.04||$280.69 million||$188.65 million||View||N/A|
|5/8/2015||Q116||$0.06||$0.11||$271.20 million||$169.62 million||View||N/A|
|11/7/2014||Q314||$0.25||$0.28||$457.10 million||$456.20 million||View||N/A|
|8/8/2014||Q214||$0.36||$0.18||$491.37 million||$339.53 million||View||N/A|
|5/9/2014||Q114||$0.16||$0.18||$479.45 million||$376.80 million||View||N/A|
Earnings Estimates for Enerplus Corporation (NYSE:ERF)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Enerplus Corporation (NYSE:ERF)
|Dividend Growth:||-48.90% (3 Year Average)|
|Payout Ratio:||4.79% (Trailing 12 Months of Earnings) |
13.24% (Based on This Year's Estimates)
13.04% (Based on Next Year's Estimates)
Dividend History by Quarter for Enerplus Corporation (NYSE ERF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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)
|Enerplus Corporation (NYSE:ERF) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - July 21 at 1:14 PM
|Enerplus Corporation (NYSE:ERF) Announces Monthly Dividend of $0.01|
www.americanbankingnews.com - July 21 at 10:30 AM
|Form 6-K ENERPLUS Corp For: Jul 20|
www.streetinsider.com - July 20 at 3:54 PM
|Enerplus Announces Cash Dividend for August 2017|
finance.yahoo.com - July 20 at 3:53 PM
|Enerplus (ERF) Shares Cross Above 200 DMA|
www.nasdaq.com - July 19 at 4:50 PM
|Enerplus Corporation (NYSE:ERF) Short Interest Update|
www.americanbankingnews.com - July 19 at 7:08 AM
| Brokerages Expect Enerplus Corporation (NYSE:ERF) to Post $0.08 EPS|
www.americanbankingnews.com - July 17 at 6:26 PM
|Enerplus Corporation (NYSE:ERF) Upgraded at ValuEngine|
www.americanbankingnews.com - July 16 at 4:34 PM
|Equities Analysts Set Expectations for Enerplus Corporation's Q2 2017 Earnings (NYSE:ERF)|
www.americanbankingnews.com - July 13 at 10:00 AM
|Capital One Financial Corporation Begins Coverage on Enerplus Corporation (NYSE:ERF)|
www.americanbankingnews.com - July 11 at 10:43 AM
|Enerplus Corp. – Value Analysis (NYSE:ERF) : July 10, 2017|
finance.yahoo.com - July 10 at 6:14 PM
|Enerplus 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
|Enerplus Corporation (ERF) Cut to Hold at Zacks Investment Research|
www.americanbankingnews.com - July 5 at 8:10 PM
|Enerplus Corporation (NYSE:ERF) Upgraded at BidaskClub|
www.americanbankingnews.com - June 30 at 11:32 PM
|Enerplus 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
|Enerplus Corporation (ERF) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - June 26 at 1:14 PM
|Enerplus Corporation (ERF) Plans $0.01 Dividend|
www.americanbankingnews.com - June 20 at 8:10 AM
|Form 6-K ENERPLUS Corp For: Jun 19|
www.streetinsider.com - June 19 at 1:26 PM
|Enerplus Announces Cash Dividend for July 2017|
finance.yahoo.com - June 19 at 1:26 PM
|Enerplus 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
|ETFs with exposure to Enerplus Corp. : June 8, 2017|
finance.yahoo.com - June 8 at 6:00 PM
|Enerplus Corp (ERF) Raised to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - June 6 at 6:54 PM
|Enerplus Corp (ERF) Downgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - June 5 at 7:32 PM
|5 Oil Stocks that Outperformed the Commodity in May|
www.nasdaq.com - June 1 at 10:47 PM
|Enerplus Corp (ERF) Short Interest Down 34.2% in May|
www.americanbankingnews.com - May 31 at 8:46 AM
|ETFs with exposure to Enerplus Corp. : May 29, 2017|
finance.yahoo.com - May 29 at 5:01 PM
|Enerplus 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
|ETFs with exposure to Enerplus Corp. : May 18, 2017|
finance.yahoo.com - May 19 at 5:02 AM
|Enerplus Corp (erf) Announces $0.01 Dividend|
www.americanbankingnews.com - May 17 at 12:48 PM
|Enerplus Corp. :ERF-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017|
finance.yahoo.com - May 17 at 10:53 AM
|Enerplus Announces Cash Dividend for June 2017|
finance.yahoo.com - May 16 at 11:53 AM
|Enerplus Corp. – Value Analysis (NYSE:ERF) : May 12, 2017|
finance.yahoo.com - May 12 at 5:30 PM
|Enerplus 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
|Enerplus Corp (ERF) Lifted to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - May 10 at 11:54 PM
|Zacks Investment Research Downgrades Enerplus Corp (ERF) to Hold|
www.americanbankingnews.com - May 9 at 7:30 PM
|Enerplus Corp (ERF) Receives $13.56 Consensus Target Price from Brokerages|
www.americanbankingnews.com - May 8 at 11:32 PM
|Enerplus Corp's (ERF) "Buy" Rating Reiterated at Canaccord Genuity|
www.americanbankingnews.com - May 8 at 9:16 AM
|Enerplus Announces First Quarter 2017 Results|
finance.yahoo.com - May 5 at 5:12 PM
|Enerplus posts 1Q profit|
finance.yahoo.com - May 5 at 5:12 PM
|TransCanada to Divest 2 Gas Pipelines for $765 Million|
finance.yahoo.com - May 5 at 5:12 PM
|Enerplus Corp (ERF) Releases Earnings Results|
www.americanbankingnews.com - May 5 at 4:41 PM
|Enerplus Corp (ERF) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - May 5 at 11:50 AM
|Pioneer Natural (PXD) Q1 Earnings & Revenues Beat Estimates|
finance.yahoo.com - May 4 at 11:27 AM
|Enerplus Corp (ERF) Receiving Somewhat Positive Press Coverage, Analysis Finds|
www.americanbankingnews.com - May 3 at 6:10 PM
|Enerplus Corp (ERF) Getting Favorable Media Coverage, Analysis Finds|
www.americanbankingnews.com - April 29 at 2:51 PM
|Kinder Morgan Files for IPO to Fund Trans Mountain Project|
finance.yahoo.com - April 26 at 10:39 PM
|Enerplus 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
|Somewhat Critical News Coverage Unlikely to Affect Enerplus Corp (ERF) Stock Price|
www.americanbankingnews.com - April 26 at 6:06 PM
|Enerplus Corp (ERF) Earning Somewhat Favorable Media Coverage, Study Finds|
www.americanbankingnews.com - April 23 at 8:54 PM
|ETFs with exposure to Enerplus Corp. : April 19, 2017|
finance.yahoo.com - April 19 at 4:57 PM
Enerplus Corporation (ERF) Chart for Thursday, July, 27, 2017