TSE:ERF

Enerplus - ERF Stock Forecast, Price & News

C$25.01

-0.04 (-0.16%)

(As of 11/30/2022 12:00 AM ET)

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Today's Range: C$24.90
▼
C$25.60
50-Day Range: C$17.19
▼
C$25.47
52-Week Range: C$11.11
▼
C$25.72

Volume: 1.17 million shs
Average Volume: 1.48 million shs
Market Capitalization: C$5.81 billion

P/E Ratio: 6.06
Dividend Yield: 1.20%
Price Target: C$21.05

Enerplus MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 15.9% Downside
C$21.05 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$45,825 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.75 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Enerplus has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$21.05, Enerplus has a forecasted downside of 15.9% from its current price of C$25.01.
Amount of Analyst Coverage
Enerplus has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ERF.

1.7

Dividend Strength

Dividend Yield
Enerplus pays a meaningful dividend of 1.20%, 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 3.81%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ERF.

1.3

News and Social Media Coverage

News Sentiment
Enerplus has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Enerplus this week, compared to 2 articles on an average week.
Search Interest
Only 21 people have searched for ERF on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Enerplus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Enerplus insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$45,825.00 in company stock and sold C$0.00 in company stock.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Enerplus is 6.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enerplus is 6.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 46.81.
Price to Earnings Growth Ratio
Enerplus has a PEG Ratio of 0.26. 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 6.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Enerplus (TSE: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.

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ERF Stock News Headlines

November 28, 2022 | americanbankingnews.com

Enerplus Co. (TSE:ERF) Announces Quarterly Dividend of $0.06

November 4, 2022 | finance.yahoo.com

Enerplus Announces a 10% Dividend Increase Effective with the December 2022 Dividend Payment

November 4, 2022 | finance.yahoo.com

Enerplus Announces Third Quarter 2022 Results; Increases Dividend and Updates 2022 Guidance

October 25, 2022 | finance.yahoo.com

Enerplus (ERF) Stock Sinks As Market Gains: What You Should Know

October 18, 2022 | finance.yahoo.com

10 Oil Stocks To Buy That Are Too Cheap To Ignore - Yahoo Finance

October 12, 2022 | benzinga.com

Enerplus Appoints Sherri A. Brillon to its Board of Directors - Enerplus (NYSE:ERF) - Benzinga

September 28, 2022 | nasdaq.com

Best Income Stocks to Buy for September 28th - Nasdaq

September 22, 2022 | finance.yahoo.com

Live from UNGA 77 - September 18 - Yahoo Finance

September 21, 2022 | seekingalpha.com

Enerplus: Strong Cash Flow Prospects In H2 2022 & FY23 (NYSE:ERF) - Seeking Alpha

September 21, 2022 | finance.yahoo.com

Enerplus Corporation's (TSE:ERF) Stock Is Going Strong: Have Financials A Role To Play?

September 14, 2022 | finance.yahoo.com

Enerplus Stock Sees Its Composite Rating Rise To 97

September 13, 2022 | investors.com

Enerplus Sees Its Composite Rating Rise To 97 | Investor's Business Daily - Investor's Business Daily

September 12, 2022 | benzinga.com

Enerplus (NYSE:ERF) – Enerplus to Present at Peters & Co. Limited 2022 Energy Conference - Benzinga

September 12, 2022 | finance.yahoo.com

Enerplus to Present at Peters & Co. Limited 2022 Energy Conference

September 11, 2022 | nasdaq.com

Validea's Top Five Energy Stocks Based On Joel Greenblatt - 9/11/2022 - Nasdaq

September 10, 2022 | morningstar.com

Enerplus Corp ERF Executive

September 5, 2022 | fool.ca

3 Great Momentum Stocks You Should Buy Today! - The Motley Fool Canada

September 2, 2022 | baystreet.ca

Stocks Hang onto Gains by Friday Close - Baystreet.ca

August 28, 2022 | nasdaq.com

ERF Ex-Dividend Reminder

August 20, 2022 | nasdaq.com

First Week of ERF April 2023 Options Trading

August 18, 2022 | nasdaq.com

Canadian Market Moderately Higher As Energy Stocks Rally - Nasdaq

August 14, 2022 | finance.yahoo.com

IEA Raises Oil Demand Estimate for 2022; Here Are 2 Energy Stocks That Stand to Benefit - Yahoo Finance

August 11, 2022 | nasdaq.com

Surprising Analyst 12-Month Target For IGE - Nasdaq

August 9, 2022 | finance.yahoo.com

Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 29% Undervaluation?

August 6, 2022 | baystreet.ca

Stocks Struggle to Surpass Breakeven - Baystreet.ca

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ERF Company Calendar

Ex-Dividend for 9/15 Dividend: 8/30/2022
Dividend Payable: 9/15/2022
Ex-Dividend for 12/15 Dividend: 11/29/2022
Today: 11/30/2022
Dividend Payable: 12/15/2022
Next Earnings (Estimated): 2/23/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Crude Petroleum & Natural Gas
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:ERF
CUSIP: N/A
CIK: N/A
Web: www.enerplus.com
Phone: +1-403-2982200
Fax: N/A
Employees: 435
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$21.05
High Stock Price Forecast: C$33.00
Low Stock Price Forecast: C$15.50
Forecasted Upside/Downside: -15.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 6.06
Forward P/E Ratio: 9.09
P/E Growth: 0.26
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 49.52
Current Ratio: 0.65
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: C$2.14 billion
Price / Sales: 2.71
Cash Flow: C$0.19 per share
Price / Cash Flow: 133.24
Book Value: C$4.06 per share
Price / Book: 6.16

Miscellaneous

Outstanding Shares: 232,424,000
Free Float: N/A
Market Cap: C$5.81 billion
Optionable: Optionable
Beta: N/A

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

Ms. Pamela A. Ramotowski
VP of People & Culture

Mr. John E. Hoffman BSc
P.Eng., VP of Digital Technology & Corp. Sustainability

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ERF Stock - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ERF shares.
View ERF analyst ratings or view top-rated stocks.
What is Enerplus' stock price forecast for 2023?: 8 equities research analysts have issued 1 year price targets for Enerplus' shares. Their ERF share price forecasts range from C$15.50 to C$33.00. On average, they anticipate the company's stock price to reach C$21.05 in the next year. This suggests that the stock has a possible downside of 15.9%.
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 C$13.34 on January 1st, 2022. Since then, ERF shares have increased by 87.5% and is now trading at C$25.01.
View the best growth stocks for 2022 here.
When is Enerplus' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our ERF earnings forecast.
How often does Enerplus pay dividends? What is the dividend yield for Enerplus?: Enerplus announced a quarterly dividend on Thursday, November 3rd. Shareholders of record on Wednesday, November 30th will be paid a dividend of 0.055 per share on Thursday, December 15th. This represents a $0.22 annualized dividend and a yield of 0.88%. The ex-dividend date is Tuesday, November 29th. This is a boost from the stock's previous quarterly dividend of C$0.05.
Read our dividend analysis for ERF.
Is Enerplus a good dividend stock?: Enerplus (TSE:ERF) pays an annual dividend of C$0.16 per share and currently has a dividend yield of 1.20%. The dividend payout ratio is 3.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ERF.

What other stocks do shareholders of Enerplus own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Enerplus investors own include Pengrowth Energy (PGH), Whitecap Resources (WCP), MEG Energy (MEG), Enbridge (ENB), Toronto-Dominion Bank (TD), Pengrowth Energy (PGF), Baytex Energy (BTE), Canadian Natural Resources (CNQ), Cenovus Energy (CVE) and Argonaut Gold (AR).
What is Enerplus' stock symbol?: Enerplus trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ERF."
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 is Enerplus' stock price today?: One share of ERF stock can currently be purchased for approximately C$25.01.
How much money does Enerplus make?: Enerplus (TSE:ERF) has a market capitalization of C$5.81 billion and generates C$2.14 billion in revenue each year.
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 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The official website for the company is www.enerplus.com. The oil and natural gas company can be reached via phone at +1-403-2982200.

This page (TSE:ERF) was last updated on 12/1/2022 by MarketBeat.com Staff

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Enerplus - ERF Stock Forecast, Price & News

Enerplus MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Enerplus (TSE:ERF) Stock

ERF Stock News Headlines

ERF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ERF Stock - Frequently Asked Questions

Overall MarketRank^™