Enerplus (ERF) Stock Price, News & Analysis

Company Overview

Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$26.62 to C$28.23
• 50-Day Range: C$26.78 to C$28.02
• 52-Week Range: C$18.23 to C$28.84
• Volume: 527,222 shs
• Average Volume: 657,688 shs
• Market Capitalization: C$5.47 billion
• P/E Ratio: 10.98
• Dividend Yield: 1.34%
• Price Target: C$24.14
• Consensus Rating: Moderate Buy

Enerplus Stock Analysis - MarketRank™

Enerplus scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Enerplus has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Enerplus has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Enerplus is 10.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of Enerplus is 10.98, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 99.40.

Price to Earnings Growth Ratio

Enerplus has a PEG Ratio of 0.25. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Enerplus has a P/B Ratio of 4.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ERF.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Enerplus pays a meaningful dividend of 1.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Enerplus does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Enerplus is 14.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ERF.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Enerplus has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Enerplus this week, compared to 1 article on an average week.

Search Interest

Only 2 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Enerplus insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.32% of the stock of Enerplus is held by insiders.

Percentage Held by Institutions

67.94% of the stock of Enerplus is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ERF Stock Analysis - Frequently Asked Questions

How have ERF shares performed this year?

Enerplus' stock was trading at C$20.31 at the start of the year. Since then, ERF stock has increased by 31.9% and is now trading at C$26.78.
View the best growth stocks for 2024 here.

How do I buy shares of Enerplus?

Shares of ERF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Enerplus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enerplus investors own include Cenovus Energy (CVE), Whitecap Resources (WCP), ARC Resources (ARX), Toronto-Dominion Bank (TD), Baytex Energy (BTE), Crescent Point Energy (CPG) and MEG Energy (MEG).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:ERF
• CUSIP: N/A
• CIK: N/A
• Web: www.enerplus.com
• Phone: +1-403-2982200
• Fax: N/A
• Employees: 404
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$24.14
• High Stock Price Target: C$32.00
• Low Stock Price Target: C$18.85
• Potential Upside/Downside: -9.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.44
• Trailing P/E Ratio: 10.98
• Forward P/E Ratio: 9.80
• P/E Growth: 0.25
• Net Income: C$384.73 million
• Net Margins: 26.04%
• Pretax Margin: N/A
• Return on Equity: 32.27%
• Return on Assets: 15.25%

Debt

• Debt-to-Equity Ratio: 15.94
• Current Ratio: 0.70
• Quick Ratio: 0.61

Sales & Book Value

• Annual Sales: C$1.48 billion
• Price / Sales: 3.70
• Cash Flow: C$0.23 per share
• Price / Cash Flow: 117.18
• Book Value: C$6.10 per share
• Price / Book: 4.39

Miscellaneous

• Outstanding Shares: 204,250,000
• Free Float: N/A
• Market Cap: C$5.47 billion
• Optionable: Not Optionable
• Beta: 2.64