Enerplus Corporation (ERF)

NYSE: ERF · IEX Real-Time Price · USD
19.66
+0.28 (1.44%)
At close: Mar 28, 2024, 4:00 PM
19.65
-0.01 (-0.05%)
After-hours: Mar 28, 2024, 7:51 PM EDT
1.44%
Market Cap 3.95B
Revenue (ttm) 1.69B
Net Income (ttm) 456.08M
Shares Out 203.26M
EPS (ttm) 1.54
PE Ratio 12.73
Forward PE 10.92
Dividend $0.26 (1.32%)
Ex-Dividend Date Mar 1, 2024
Volume 2,755,110
Open 19.45
Previous Close 19.38
Day's Range 19.31 - 19.78
52-Week Range 13.46 - 19.78
Beta 2.65
Analysts Buy
Price Target 20.95 (+6.56%)
Earnings Date May 2, 2024

About ERF

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]

Sector Energy
IPO Date Jun 17, 1999
Employees 379
Stock Exchange NYSE
Ticker Symbol ERF
Full Company Profile

Financial Performance

In 2023, Enerplus's revenue was 1.69 billion, a decrease of -21.40% compared to the previous year's 2.16 billion. Earnings were 456.08 million, a decrease of -50.12%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for ERF stock is "Buy." The 12-month stock price forecast is $20.95, which is an increase of 6.56% from the latest price.

Price Target
$20.95
(6.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: CHRD
4 weeks 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. ...

5 weeks ago - PRNewsWire

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.

Other symbols: CHRD
5 weeks ago - WSJ

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.

Other symbols: CHRD
5 weeks 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...

Other symbols: CHRD
5 weeks ago - PRNewsWire

Devon Energy is reportedly interested in buying Enerplus

Devon Energy Corp is reportedly interested in buying Enerplus Corp. Shares of the latter are up nearly 10% at writing. How much is Devon willing to spend on Enerplus remains unknown.

Other symbols: DVN
7 weeks ago - Invezz

Exclusive: Shale producer Devon Energy in bid to acquire Enerplus -sources

U.S. oil and gas producer Devon Energy has approached Enerplus , a peer with a market value of C$3.9 billion ($2.9 billion), with an acquisition offer, people familiar with the matter said on Thursday...

Other symbols: DVN
7 weeks ago - Reuters

Enerplus is fully priced with potential resistance between $18.50 and $19.50

Enerplus Corporation (NYSE:ERF) is bullish. The stock has gained consistently over the last four weeks.

1 year ago - Invezz

Eurofins Discovery and ImmunoPrecise Announce Collaboration to Expand their Antibody Discovery Platform

VICTORIA, British Columbia--(BUSINESS WIRE)---- $ERF.PA #POLYTOPE--IMMUNOPRECISE ANTIBODIES LTD (the "Company" or "IPA") (NASDAQ: IPA) (TSX VENTURE: IPA) the market leader in full-service therapeutic ...

Other symbols: IPA
3 years ago - Business Wire

Canada's Enerplus to buy some of Hess' North Dakota assets

Canada's Enerplus Corp said it would buy some assets in North Dakota's Williston Basin from Hess Corp for $312 million, as improved oil price expectations have buoyed mergers and acquisitions in North...

Other symbols: HES
3 years ago - Reuters

Enerplus: Q4 Earnings Insights

Shares of Enerplus (NYSE:ERF) rose 2.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 33.33% over the past year to $0.08, which missed the...

3 years ago - Benzinga

Earnings Outlook for Enerplus

On Friday, February 19, Enerplus (NYSE:ERF) will release its latest earnings report. Benzinga's outlook for Enerplus is included in the following report.

3 years ago - Benzinga

Enerplus Agrees to Acquire Williston Basin Operator, Enhancing Value for Shareholders and Accelerating Free Cash Flow Generation; Provides Preliminary 2020 Results and 2021 Guidance

CALGARY, AB, Jan. 25, 2021 /PRNewswire/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) today announced that it has entered into a definitive agreement to acquire all of the sha...

3 years ago - PRNewsWire

Enerplus: Q3 Earnings Insights

  Shares of Enerplus (NYSE:ERF) moved higher by 1.1% in pre-market trading after the company reported Q3 results.

3 years ago - Benzinga

Daily Dividend Report: Hormel Foods, Home Depot, Chemed, Quest Diagnostic, Enerplus

Daily Dividend Report: Hormel Foods, Home Depot, Chemed, Quest Diagnostic, Enerplus

Other symbols: HDHRL
4 years ago - Forbes

Enerplus: Q1 Earnings Insights

Shares of Enerplus (NYSE:ERF) rose 1.2% in pre-market trading after the company reported Q1 results.

4 years ago - Benzinga

5 Energy Stocks Gurus Are Buying

According to the GuruFocus All-In-One Screener as of Wednesday, Jan. 29, the following energy stocks are popular among gurus.

Other symbols: CPEGLNGHLX
4 years ago - GuruFocus