Enerplus Corporation (ERF)
$
20.09
+0.13 (0.65%)
Key metrics
Financial statements
Free cash flow per share
1.2896
Market cap
4.1 Billion
Price to sales ratio
2.5530
Debt to equity
0.1489
Current ratio
0.7000
Income quality
2.1457
Average inventory
1.6 Million
ROE
0.3180
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
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.
News
businesswire.com
4 days ago
CHICAGO--(BUSINESS WIRE)---- $ERF #B2BServices--Navigator Financial Services (“Navigator”), a newly formed fractional CFO firm, is proud to announce its official launch, offering strategic financial leadership to small and medium-sized businesses principally in the Testing, Inspection, Certification, Compliance, Repair, and Maintenance (TICC and RM) sectors. Founded by Drew Szilagyi, CFA, Navigator brings deep industry expertise and a proven track record of scaling financial systems for growth. Drew, a CFA Charterho.
https://thefly.com
a month ago
Berenberg raised the firm's price target on Eurofins Scientific to EUR 54 from EUR 53 and keeps a Hold rating on the shares.
prnewswire.com
a year ago
HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously announced business combination (the "Arrangement"). The Arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King's Bench of Alberta on May 28, 2024.
https://www.defenseworld.net
a year ago
Enerplus Co. (TSE:ERF – Free Report) (NYSE:ERF) – Analysts at Capital One Financial reduced their Q2 2024 EPS estimates for Enerplus in a research note issued to investors on Wednesday, May 15th. Capital One Financial analyst B. Velie now anticipates that the oil and natural gas company will post earnings per share of $0.60 for the quarter, down from their previous forecast of $0.68. The consensus estimate for Enerplus’ current full-year earnings is $2.71 per share. Capital One Financial also issued estimates for Enerplus’ FY2024 earnings at $2.43 EPS. Several other brokerages have also recently weighed in on ERF. Scotiabank lifted their price target on shares of Enerplus from C$24.00 to C$25.50 and gave the stock a “sector perform” rating in a research note on Thursday, February 22nd. National Bankshares dropped their price target on shares of Enerplus from C$21.00 to C$18.85 and set an “outperform” rating on the stock in a research note on Thursday, February 22nd. Desjardins lifted their price target on shares of Enerplus from C$19.25 to C$20.00 and gave the stock a “tender” rating in a research note on Tuesday, April 23rd. Finally, Stifel Nicolaus lifted their price target on shares of Enerplus from C$27.25 to C$32.00 and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$24.36. Get Our Latest Stock Analysis on Enerplus Enerplus Trading Up 0.5 % Shares of ERF stock opened at C$27.20 on Monday. Enerplus has a 12-month low of C$18.23 and a 12-month high of C$28.84. The company has a current ratio of 0.70, a quick ratio of 0.61 and a debt-to-equity ratio of 15.94. The firm’s 50 day moving average is C$26.84 and its 200 day moving average is C$23.13. The stock has a market capitalization of C$5.56 billion, a P/E ratio of 11.06, a P/E/G ratio of 0.25 and a beta of 2.64. Enerplus (TSE:ERF – Get Free Report) (NYSE:ERF) last announced its quarterly earnings results on Wednesday, February 21st. The oil and natural gas company reported C$0.74 earnings per share for the quarter, beating the consensus estimate of C$0.71 by C$0.03. Enerplus had a net margin of 26.04% and a return on equity of 32.27%. The company had revenue of C$595.12 million during the quarter. Enerplus Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 4th. Investors of record on Wednesday, May 22nd will be issued a $0.065 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $0.26 annualized dividend and a yield of 0.96%. This is an increase from Enerplus’s previous quarterly dividend of $0.06. Enerplus’s dividend payout ratio is currently 14.23%. Insider Buying and Selling In related news, Senior Officer Ian Charles Dundas sold 104,537 shares of the company’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of C$24.13, for a total value of C$2,521,965.58. 1.32% of the stock is currently owned by insiders. About Enerplus (Get Free Report) 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.
zacks.com
a year ago
Enerplus (ERF) closed at $20.27 in the latest trading session, marking a +0.6% move from the prior day.
zacks.com
a year ago
Enerplus (ERF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ERF crossed above the 20-day moving average, suggesting a short-term bullish trend.
businesswire.com
a year ago
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enerplus Corporation (NYSE: ERF) to Chord Energy Corporation (NasdaqGS: CHRD). Under the terms of the proposed transaction, shareholders of Enerplus will receive $1.84 in cash and 0.10125 shares of Chord for each share of Enerplus that they own. KSF is seeking to determine whether this consideration and the pr.
zacks.com
a year ago
Does Enerplus (ERF) have what it takes to be a top stock pick for momentum investors? Let's find out.
prnewswire.com
a year ago
HOUSTON and CALGARY, AB , April 8, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord" or "Chord Energy") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with the pending combination between Chord and Enerplus, expired on April 5, 2024. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the previously announced combination between Chord and Enerplus in a stock-and-cash transaction.
businesswire.com
a year ago
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enerplus Corporation (NYSE: ERF) to Chord Energy Corporation (NasdaqGS: CHRD). Under the terms of the proposed transaction, shareholders of Enerplus will receive $1.84 in cash and 0.10125 shares of Chord for each share of Enerplus that they own. KSF is seeking to determine whether this consideration and the pr.
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