TSE:ERF

Enerplus Stock Forecast, Price & News

C$9.14

+0.20 (+2.24 %)

(As of 06/24/2021 12:00 AM ET)

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Today's Range

C$8.85

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C$9.18

50-Day Range

C$6.29

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C$9.14

52-Week Range

C$2.22

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C$9.18

Volume832,003 shs

Average Volume1.58 million shs

Market CapitalizationC$2.35 billion

P/E RatioN/A

Dividend Yield1.51%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Enerplus

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, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2019, it had proved plus probable gross reserves of approximately 9.0 million barrels (MMbbls) of light and medium crude oil; 22.3 MMbbls of heavy crude oil; 170.1 MMbbls of tight oil; 23.5 MMbbls of natural gas liquids; 23.2 billion cubic feet (Bcf) of conventional natural gas; and 1,173.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.

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Anaconda, ePlay, Enerplus Hit 52-Week Highs on News - Baystreet.ca
June 23, 2021 | baystreet.ca

Enerplus Releases its 2021 ESG Report - Yahoo Finance
June 23, 2021 | finance.yahoo.com

Enerplus (TSE:ERF) Sets New 52-Week High at $8.97
June 23, 2021 | americanbankingnews.com

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Enerplus (TSE:ERF) Price Target Raised to C$11.00 at BMO Capital Markets
June 21, 2021 | americanbankingnews.com

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Industry, Sector and Symbol

Stock Exchange TSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolTSE:ERF
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.enerplus.com
Phone+1-403-2982200
Employees360
Year FoundedN/A

Sales & Book Value

Annual SalesC$745.97 million
Price / Sales3.15
Cash FlowC$0.77 per share
Price / Cash Flow11.89
Book ValueC$2.58 per share
Price / Book3.54

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares256,750,000
Market CapC$2.35 billion
Next Earnings Date8/6/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.85 out of 5 stars

3.4 Analyst's Opinion

Consensus Rating
Enerplus has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$10.27, Enerplus has a forecasted upside of 12.4% from its current price of C$9.14.
Amount of Analyst Coverage
Enerplus has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Enerplus has received 784 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Enerplus has received 563 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Enerplus has received 58.20% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Enerplus and other stocks. Vote “Outperform” if you believe ERF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ERF will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Enerplus has a dividend yield of 1.51%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Enerplus does not have a long track record of dividend growth.

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$526,550.00 in company stock and sold C$0.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Enerplus is -2.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enerplus is -2.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Enerplus has a PEG Ratio of 0.20. 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 3.54. 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

Enerplus (TSE:ERF) Frequently Asked Questions

Is Enerplus a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Enerplus stock.
View analyst ratings for Enerplus or view top-rated stocks.

What stocks does MarketBeat like better than Enerplus?

Wall Street analysts have given Enerplus a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Enerplus wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Enerplus' next earnings date?

Enerplus is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Enerplus.

How were Enerplus' earnings last quarter?

Enerplus Co. (TSE:ERF) issued its earnings results on Thursday, May, 6th. The oil and natural gas company reported $0.23 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.20 by $0.03. The oil and natural gas company had revenue of $288.80 million for the quarter.
View Enerplus' earnings history.

How has Enerplus' stock price been impacted by COVID-19 (Coronavirus)?

Enerplus' stock was trading at C$2.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ERF shares have increased by 239.8% and is now trading at C$9.14.
View which stocks have been most impacted by COVID-19.

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

Enerplus announced a may 21 dividend on Thursday, May 6th. Stockholders of record on Friday, May 28th will be paid a dividend of 0.003 per share on Tuesday, June 15th. This represents a yield of 5.36%. The ex-dividend date is Thursday, May 27th.
View Enerplus' dividend history.

Is Enerplus a good dividend stock?

Enerplus pays an annual dividend of C$0.12 per share and currently has a dividend yield of 1.51%.
View Enerplus' dividend history.

What price target have analysts set for ERF?

9 equities research analysts have issued twelve-month price objectives for Enerplus' stock. Their forecasts range from C$6.25 to C$14.00. On average, they anticipate Enerplus' stock price to reach C$10.27 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts' price targets for Enerplus or view top-rated stocks among Wall Street analysts.

Who are Enerplus' key executives?

Enerplus' management team includes the following people:

Mr. Ian Charles Dundas B.Com., L.L.B., B.Comm., LLB, Pres, CEO & Non-Independent Director (Age 53, Pay $1.26M)
Ms. Jodine Julene-Jenson Labrie B.Com., B.Comm, C.A., CBV, Sr. VP & CFO
Mr. Wade D. Hutchings, Sr. VP & COO (Age 48, Pay $845.22k)
Mr. David A. McCoy, 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

Who are some of Enerplus' key competitors?

Some companies that are related to Enerplus include APA (APA), Ovintiv (OVV), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Chesapeake Energy (CHK), PDC Energy (PDCE), Antero Resources (AR), Matador Resources (MTDR), Range Resources (RRC), Denbury (DEN), Murphy Oil (MUR), Magnolia Oil & Gas (MGY), Southwestern Energy (SWN) and CNX Resources (CNX).
View all of ERF's competitors.

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), The 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 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$9.14.

How much money does Enerplus make?

Enerplus has a market capitalization of C$2.35 billion and generates C$745.97 million in revenue each year.

How many employees does Enerplus have?

Enerplus employs 360 workers across the globe.

What is Enerplus' official website?

The official website for Enerplus is www.enerplus.com.

Where are Enerplus' headquarters?

Enerplus is headquartered at The Dome Tower, 3000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada.

How can I contact Enerplus?

Enerplus' mailing address is The Dome Tower, 3000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The oil and natural gas company can be reached via phone at +1-403-2982200.

This page was last updated on 6/25/2021 by MarketBeat.com Staff

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