Enerplus/ERF

$19.83

-1.09%
-
1D1W1MYTD1YMAX

About Enerplus

Enerplus Corporation is a Canada-based independent oil and gas exploration and production company. The Company is focused on the development of North American oil and natural gas assets. Its portfolio includes light oil assets in the Bakken, North Dakota, and a position in the Marcellus natural gas shale region in northeast Pennsylvania. The Company's operations are concentrated in the core of the Bakken/Three Forks light oil shale play where it holds approximately 235,600 net acres in North Dakota. The acreage is primarily located across the Fort Berthold Indian Reservation, as well as in Williams and Dunn Counties. It holds an interest in approximately 32,500 net acres in the dry gas window of the Marcellus shale in northeast Pennsylvania. This non-operated position is located in Susquehanna, Bradford, Wyoming, Sullivan and Lycoming counties.

Ticker

ERF

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Ian Dundas

Employees

404

Headquarters

Calgary, Canada

Enerplus Metrics

BasicAdvanced
$4.07B
Market cap
9.57
P/E ratio
$2.10
EPS
1.95
Beta
$0.23
Dividend rate
1.3%
Dividend yield
$4.07B
1.95346
$20.97
$13.46
3.37M
$0.23
0.801
8.59
15.157
10.66%
17.987
22.77%
39.59%
30.15%
9.568
2.447
3.303
3.315
12.057
1.15%
1.3%
-29.33%
-45.02%
44.28%
24.22%

What the Analysts think about Enerplus

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 8 analysts.
4.59% upside
High $25.00
Low $17.00
$19.83
Current price
$20.74
Average price target

Enerplus Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
26.7% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$437M
-5.37%
Net income
$116.7M
-8.54%
Profit margin
26.7%
-3.37%

Enerplus Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 11.71%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.62
$0.34
$0.59
$0.55
-
Expected
$0.64
$0.46
$0.57
$0.49
$0.34
Surprise
-3.02%
-26.13%
3.87%
11.71%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Enerplus stock?

Enerplus (ERF) has a market cap of $4.07B as of April 19, 2024.

What is the P/E ratio for Enerplus stock?

The price to earnings (P/E) ratio for Enerplus (ERF) stock is 9.57 as of April 19, 2024.

Does Enerplus stock pay dividends?

Yes, the Enerplus (ERF) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $0.23 and the yield is 1.3%. Enerplus has a payout ratio of 10.66% on a trailing twelve-month basis.

When is the next Enerplus dividend payment date?

The next Enerplus (ERF) dividend payment date is unconfirmed.

What is the beta indicator for Enerplus?

Enerplus (ERF) has a beta rating of 1.95. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Enerplus stock price target?

The target price for Enerplus (ERF) stock is $20.74, which is 4.59% above the current price of $19.83. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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