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: $2.15 billion
- Outstanding Shares: 242,128,000
- 50 Day Moving Avg: $8.65
- 200 Day Moving Avg: $8.28
- 52 Week Range: $5.61 - $10.33
Sales & Book Value:
- Trailing P/E Ratio: 2.97
- Foreward P/E Ratio: 13.69
- P/E Growth: 0.10
- Annual Revenue: $640.75 million
- Price / Sales: 3.36
- Book Value: $5.26 per share
- Price / Book: 1.69
- Annual Dividend: $0.09
- Dividend Yield: 1.0%
- EBIDTA: $371.73 million
- Net Margins: 103.80%
- Return on Equity: 7.91%
- Return on Assets: 4.29%
- Debt-to-Equity Ratio: 0.41%
- Current Ratio: 2.45%
- Quick Ratio: 2.45%
- Average Volume: 1.11 million shs.
- Beta: 1.4
- 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 Monday, August 21st. Stockholders of record on Thursday, August 31st will be given a dividend of $0.0078 per share on Friday, September 15th. This represents a $0.09 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Tuesday, August 29th. View Enerplus Corporation's Dividend History.
How were Enerplus Corporation's earnings last quarter?
Enerplus Corporation (NYSE:ERF) released its quarterly earnings results on Friday, August, 11th. The company reported $0.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.16. The company earned $191.57 million during the quarter, compared to analyst estimates of $257.94 million. Enerplus Corporation had a return on equity of 7.91% and a net margin of 103.80%. During the same quarter in the previous year, the business earned ($0.77) EPS. 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 1-year price targets for Enerplus Corporation's shares. Their predictions 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. " (8/15/2017)
- 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)
Who are some of Enerplus Corporation's key competitors?
Some companies that are related to Enerplus Corporation include Murphy Oil Corporation (MUR), WPX Energy (WPX), Vermilion Energy (VET), Chesapeake Energy Corporation (CHK), Black Stone Minerals, L.P. (BSM), Texas Pacific Land Trust (TPL), Transportadora De Gas Sa Ord B (TGS), Laredo Petroleum (LPI), Kosmos Energy (KOS), Southwestern Energy Company (SWN), PDC Energy (PDCE), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR), Callon Petroleum Company (CPE), Tullow Oil plc (TLW), Viper Energy Partners LP (VNOM), Magellan Petroleum Corporation (TELL) and Whiting Petroleum Corporation (WLL).
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 Royal Bank of Canada (4.18%), Key Group Holdings Cayman LTD. (3.65%), Letko Brosseau & Associates Inc. (3.42%), Guardian Capital LP (2.11%), TD Asset Management Inc. (2.09%) and Vanguard Group Inc. (2.04%). 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 Key Group Holdings Cayman LTD., Acadian Asset Management LLC, TD Asset Management Inc., Schroder Investment Management Group, Canada Pension Plan Investment Board, Bank of New York Mellon Corp, QS Investors LLC and Castleton Investment Management LLC. View Insider Buying and Selling 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 Guardian Capital LP, Denver Investment Advisors LLC, Intact Investment Management Inc., UBS Asset Management Americas Inc., Bank of Montreal Can, Boston Advisors LLC, Ameriprise Financial Inc. and Cetera Investment Advisers. 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 $8.90.
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 (62.92% upside)|
Analysts' Ratings History for Enerplus Corporation (NYSE:ERF)
(Data available from 8/24/2015 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|
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|
|11/13/2017|| || || || || || || || |
|8/11/2017||6/30/2017||$0.08||$0.24||$257.94 million||$191.57 million||View||N/A|
|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:||3.14% (Trailing 12 Months of Earnings) |
9.68% (Based on This Year's Estimates)
13.85% (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 (ERF) Announces Monthly Dividend of $0.01|
www.americanbankingnews.com - August 21 at 6:24 PM
|Enerplus Corporation (ERF) Downgraded to "Sell" at BidaskClub|
www.americanbankingnews.com - August 20 at 1:14 PM
|Enerplus Corporation Expected to Post FY2017 Earnings of $0.69 Per Share (ERF)|
www.americanbankingnews.com - August 16 at 8:20 AM
|Zacks Investment Research Lowers Enerplus Corporation (ERF) to Sell|
www.americanbankingnews.com - August 15 at 9:52 PM
|Enerplus Corporation (ERF) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - August 15 at 1:00 PM
|Enerplus Corporation (NYSE:ERF) Forecasted to Post Q3 2017 Earnings of $0.12 Per Share|
www.americanbankingnews.com - August 15 at 8:28 AM
|Enerplus Corporation (ERF) Catches Eye: Stock Up 8.9% - Nasdaq|
www.nasdaq.com - August 14 at 11:45 PM
|Capital One Financial Corporation Equities Analysts Increase Earnings Estimates for Enerplus Corporation (NYSE:ERF)|
www.americanbankingnews.com - August 14 at 5:50 AM
|Enerplus' (ERF) CEO Ian Dundas on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - August 12 at 4:50 AM
|Investor Network: Enerplus Corporation to Host Earnings Call|
finance.yahoo.com - August 11 at 6:49 PM
|Enerplus Corporation (NYSE:ERF) Announces Earnings Results, Beats Expectations By $0.45 EPS|
www.americanbankingnews.com - August 11 at 12:24 PM
| Analysts Anticipate Enerplus Corporation (ERF) to Post $0.08 EPS|
www.americanbankingnews.com - August 6 at 10:18 PM
|Enerplus Corporation (ERF) Set to Announce Earnings on Friday|
www.americanbankingnews.com - August 4 at 7:12 AM
|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 Corporation (ERF) Chart for Thursday, August, 24, 2017