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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Bargain in Today's Market (SHOCKING) (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Bargain in Today's Market (SHOCKING) (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Bargain in Today's Market (SHOCKING) (Ad)pixel
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
NYSE:ERF

Enerplus - ERF Stock Forecast, Price & News

$14.27
-0.31 (-2.13%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.39
$14.29
50-Day Range
$11.71
$18.04
52-Week Range
$4.78
$18.58
Volume
1.98 million shs
Average Volume
1.94 million shs
Market Capitalization
$3.32 billion
P/E Ratio
7.14
Dividend Yield
1.15%
Price Target
$22.89

Enerplus MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
60.4% Upside
$22.89 Price Target
Short Interest
Healthy
2.67% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of Enerplus in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.55%
From $2.68 to $3.07 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.71 out of 5 stars

Oils/Energy Sector

48th out of 261 stocks

Crude Petroleum & Natural Gas Industry

25th out of 81 stocks

ERF stock logo

About Enerplus (NYSE:ERF) Stock

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, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2021, it had proved plus probable gross reserves of approximately 8.2 million barrels (MMbbls) of light and medium crude oil; 20.7 MMbbls of heavy crude oil; 299.3 MMbbls of tight oil; 56.2 MMbbls of natural gas liquids; 19.7 billion cubic feet (Bcf) of conventional natural gas; and 1,367.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Royal Bank of Canada increased their price target on shares of Enerplus from $17.00 to $18.00 and gave the stock an "outperform" rating in a research report on Monday, May 9th. StockNews.com lowered shares of Enerplus from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, June 1st. TheStreet lowered shares of Enerplus from a "b-" rating to a "c+" rating in a research report on Friday, July 15th. TD Securities raised their target price on shares of Enerplus from $17.50 to $18.00 and gave the company a "buy" rating in a research report on Friday, May 6th. Finally, National Bank Financial raised their target price on shares of Enerplus from $24.00 to $29.00 in a research report on Thursday, June 16th. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $22.89.

Enerplus Trading Down 2.1 %

Shares of ERF Stock traded down $0.31 during trading hours on Monday, hitting $14.27. 1,984,209 shares of the company's stock traded hands, compared to its average volume of 2,637,487. The stock's 50 day simple moving average is $13.84 and its 200 day simple moving average is $13.22. The stock has a market cap of $3.36 billion, a PE ratio of 7.14 and a beta of 2.38. Enerplus has a 12 month low of $4.78 and a 12 month high of $18.58. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.67.

Enerplus Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Tuesday, August 30th. This is an increase from Enerplus's previous quarterly dividend of $0.04. Enerplus's dividend payout ratio (DPR) is currently 8.50%.

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ERF Stock News Headlines

Enerplus (NYSE:ERF) Sees Unusually-High Trading Volume
Enerplus (NYSE:ERF) PT Raised to $26.00 at National Bankshares
Enerplus Co. (NYSE:ERF) Short Interest Update
Brokerages Set Enerplus Co. (NYSE:ERF) Price Target at $23.13
Enerplus (NYSE:ERF) Trading Down 3%
See More Headlines
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ERF Company Calendar

Last Earnings
11/08/2019
Ex-Dividend for 6/15 Dividend
5/26/2022
Dividend Payable
6/15/2022
Today
8/16/2022
Ex-Dividend for 9/15 Dividend
8/30/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
435
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$22.89
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+60.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
$234.44 million
Pretax Margin
42.61%

Debt

Sales & Book Value

Annual Sales
$963.90 million
Cash Flow
$2.10 per share
Book Value
$2.49 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.32 billion
Optionable
Optionable
Beta
2.38

Key Executives

  • Mr. Ian Charles Dundas B.Com. (Age 54)
    B.Comm., L.L.B., LLB, Pres, CEO & Non-Independent Director
    Comp: $1.35M
  • Ms. Jodine Julene-Jenson Labrie B.Com.
    B.Comm, C.A., CBV, Sr. VP & CFO
  • Mr. Wade D. Hutchings (Age 49)
    Sr. VP & COO
    Comp: $937.66k
  • Mr. David A. McCoy B.Comm.
    Llb, VP, Gen. Counsel & Corp. Sec.
  • Mr. Nathan Douglas Fisher
    VP of United States Bus. Unit
  • Drew Mair
    Mang. of Investor Relations
  • Mr. Garth R. Doll
    VP of Marketing
  • Mr. John E. Hoffman BSc
    P.Eng., VP of Digital Technology & Corp. Sustainability













ERF Stock - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ERF shares.
View ERF analyst ratings
or view top-rated stocks.

What is Enerplus' stock price forecast for 2022?

9 brokers have issued twelve-month price targets for Enerplus' stock. Their ERF share price forecasts range from $17.00 to $30.00. On average, they expect the company's share price to reach $22.89 in the next year. This suggests a possible upside of 60.4% from the stock's current price.
View analysts price targets for ERF
or view top-rated stocks among Wall Street analysts.

How have ERF shares performed in 2022?

Enerplus' stock was trading at $10.58 at the beginning of the year. Since then, ERF stock has increased by 34.9% and is now trading at $14.27.
View the best growth stocks for 2022 here
.

Are investors shorting Enerplus?

Enerplus saw a increase in short interest in July. As of July 31st, there was short interest totaling 6,250,000 shares, an increase of 24.0% from the July 15th total of 5,040,000 shares. Based on an average daily volume of 2,580,000 shares, the short-interest ratio is presently 2.4 days. Approximately 2.7% of the company's shares are short sold.
View Enerplus' Short Interest
.

When is Enerplus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ERF earnings forecast
.

How were Enerplus' earnings last quarter?

Enerplus Co. (NYSE:ERF) posted its earnings results on Friday, November, 8th. The oil and natural gas company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The oil and natural gas company had revenue of $256.81 million for the quarter, compared to the consensus estimate of $251 million. Enerplus had a net margin of 28.82% and a trailing twelve-month return on equity of 81.63%. During the same quarter in the prior year, the firm posted $0.35 EPS.

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

Enerplus announced a quarterly dividend on Monday, August 8th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.05 per share on Thursday, September 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Tuesday, August 30th. This is a positive change from the stock's previous quarterly dividend of $0.04.
Read our dividend analysis for ERF
.

Is Enerplus a good dividend stock?

Enerplus (NYSE:ERF) pays an annual dividend of $0.17 per share and currently has a dividend yield of 1.15%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ERF will have a dividend payout ratio of 5.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ERF.

What is Ian C. Dundas' approval rating as Enerplus' CEO?

22 employees have rated Enerplus Chief Executive Officer Ian C. Dundas on Glassdoor.com. Ian C. Dundas has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Enerplus own?
What is Enerplus' stock symbol?

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

Who are Enerplus' major shareholders?

Enerplus' stock is owned by many different retail and institutional investors. Top institutional shareholders include Ninepoint Partners LP (4.25%), Connor Clark & Lunn Investment Management Ltd. (1.87%), Encompass Capital Advisors LLC (1.35%), Point72 Asset Management L.P. (1.17%), BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp (1.09%) and Fiera Capital Corp (0.99%).

How do I buy shares of Enerplus?

Shares of ERF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Enerplus' stock price today?

One share of ERF stock can currently be purchased for approximately $14.27.

How much money does Enerplus make?

Enerplus (NYSE:ERF) has a market capitalization of $3.32 billion and generates $963.90 million in revenue each year. The oil and natural gas company earns $234.44 million in net income (profit) each year or $2.00 on an earnings per share basis.

How many employees does Enerplus have?

The company employs 435 workers across the globe.

How can I contact Enerplus?

Enerplus' mailing address is THE DOME TOWER 3000 - 333 7TH AVENUE SW, CALGARY A0, T2P 2Z1. The official website for the company is www.enerplus.com. The oil and natural gas company can be reached via phone at (403) 298-2200, via email at investorrelations@enerplus.com, or via fax at 403-298-2211.

This page (NYSE:ERF) was last updated on 8/16/2022 by MarketBeat.com Staff

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