Enerplus Corporation (TSX: ERF)

Canada flag Canada · Delayed Price · Currency is CAD
26.64
-0.29 (-1.08%)
May 1, 2024, 3:54 PM EDT
34.34%
Market Cap 5.41B
Revenue (ttm) 2.33B
Net Income (ttm) 627.54M
Shares Out 204.25M
EPS (ttm) 3.14
PE Ratio 9.42
Forward PE 9.46
Dividend 0.24 (0.90%)
Ex-Dividend Date Mar 1, 2024
Volume 350,291
Open 26.80
Previous Close 26.93
Day's Range 26.17 - 26.97
52-Week Range 18.23 - 28.84
Beta 2.65
Analysts n/a
Price Target 25.55 (-4.09%)
Earnings Date May 8, 2024

About Enerplus

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. [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1986
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol ERF
Full Company Profile

Financial Performance

In 2023, Enerplus's revenue was $1.69 billion, a decrease of -28.00% compared to the previous year's $2.35 billion. Earnings were $456.08 million, a decrease of -50.12%.

Financial numbers in USD Financial Statements

News

Chord Energy Expects $150 Million Per Year In Cost Savings By Merging With Enerplus

Chord Energy's merger with Enerplus is expected to generate nearly $1.3 billion in pro forma 2024 free cash flow. Read more on CHRF and ERD stocks here.

6 days ago - Seeking Alpha

ENERPLUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enerplus Corporation - ERF

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 Corpora...

16 days ago - Business Wire

Chord Energy and Enerplus Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update

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 ...

23 days ago - PRNewsWire

Is U.S. Shale Production Finally Nearing Its Peak?

Last October, I published a piece on OilPrice where I discussed the drivers for the rapid expansion of upstream E&P merger activity that was being seen. Upstream M&A has continued since that article c...

5 weeks ago - OilPrice com

ENERPLUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enerplus Corporation - ERF

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 Corpora...

2 months ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Enerplus Corporation has obtained a Fair Price in its transaction with Chord

MILWAUKEE , Feb. 22, 2024 /PRNewswire/ -- Ademi LLP is investigating Enerplus (TSX: ERF) (NYSE: ERF) for possible breaches of fiduciary duty and other violations of law in its transaction with Chord. ...

2 months ago - PRNewsWire

Calgary-based Enerplus to be acquired by Chord Energy in $3.8B US deal

Calgary-based oil company Enerplus will be purchased by Chord Energy, a Texas-based oil and gas company, in a stock and cash deal worth $3.8B US.

2 months ago - CBC News

Chord Energy and Enerplus Agree to $11 Billion Merger

In the latest U.S. oil and gas merger, Chord Energy and Enerplus have agreed to combine in an approximately$11 billionstock and cash transaction, which will create a premier Williston basin-focused ex...

2 months ago - OilPrice com

Why Oil & Gas Exploration Company Enerplus Shares Are Surging Premarket Today

Enerplus and Chord Energy have agreed to merge in an $11 billion ... Full story available on Benzinga.com

2 months ago - Benzinga

Enerplus raises dvidend by 8% to $0.065

2 months ago - Seeking Alpha

Chord to Buy Enerplus for $3.7 Billion to Bulk Up In Bakken

Chord Energy Corp. agreed to buy Enerplus Corp. for $3.7 billion in stock and cash, continuing a flurry of oil and gas dealmaking and creating a leading producer in the Bakken shale formation of the n...

2 months ago - Financial Post

Chord Energy, Canada’s Enerplus to combine into $11 billion company, with eye on ‘premier’ position in North Dakota’s Williston basin

Deal is latest in burgeoning merger and acquisitions transactions for energy companies, including major deals for Exxon and Chevron.

2 months ago - MarketWatch

Chord Energy, Enerplus to Combine in $11 Billion Deal

Chord shareholders would control about two-thirds of the combined company, while Enerplus holders would control the remainder.

2 months ago - The Wall Street Journal

Enerplus Announces an 8% Increase to its Quarterly Cash Dividend for March 2024

CALGARY, AB , Feb. 21, 2024 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced that its dividend will increase 8%, to US$0.065 per share, effective with the March 15, 2...

2 months ago - Benzinga

Enerplus Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

All financial information contained within this news release has been prepared in accordance with U.S. GAAP and is presented in U.S. dollars. This news release includes forward-looking statements and ...

2 months ago - Benzinga

Chord Energy to buy Canada's Enerplus to boost Williston basin presence

U.S. energy firm Chord Energy said on Wednesday that it would acquire Canada's Enerplus , creating a combined entity with an enterprise value of $11 billion.

2 months ago - Reuters

Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder Returns

Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage PositionTotaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 1...

2 months ago - PRNewsWire

Enerplus's Earnings Outlook

Enerplus (NYSE: ERF) is set to give its latest quarterly earnings report on Thursday, 2024-02-22. Here's what investors need to know before the announcement. Analysts estimate that Enerplus will repo...

2 months ago - Benzinga

Another Mega-Merger Is Brewing in the U.S. Shale Patch

The merger and acquisition deals are coming in the shale patch, at a rate almost too fast to document. Last week news broke about Devon Energy, (NYSE:DVN), and Canadian-based producer, Enerplus, (NYSE...

2 months ago - OilPrice com

Oil & Gas Player Devon Energy Seeks Enerplus Acquisition: Report

Shale producer Devon Energy Corporation (NYSE: DVN) has reportedly given an acquisition offer to Enerplus Corp (NYSE: ERF) for an undisclosed amount. Enerplus, which has a market value of C$4 billio...

2 months ago - Benzinga