TSE:ERF

Enerplus (ERF) Stock Price, News & Analysis

C$27.73
+0.12 (+0.43%)
(As of 04/23/2024 ET)
Today's Range
C$27.47
C$27.85
50-Day Range
C$21.16
C$28.47
52-Week Range
C$18.23
C$28.84
Volume
217,177 shs
Average Volume
604,447 shs
Market Capitalization
C$5.64 billion
P/E Ratio
9.76
Dividend Yield
1.26%
Price Target
C$23.67

Enerplus MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
12.2% Downside
C$24.36 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.07mentions of Enerplus in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
C$2.52 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.54 out of 5 stars

ERF stock logo

About Enerplus Stock (TSE: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.

ERF Stock Price History

ERF Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Enerplus Corp.
Is This The No.1 Energy Stock for 2024?
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Enerplus Increases Quarterly Cash Dividend
Enerplus downgraded to Tender from Buy at TD Securities
Enerplus Rallies On Acquisition News
Market movers: Stocks seeing action on Friday - and why
Scotiabank Reaffirms Their Hold Rating on Enerplus (ERF)
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/4 Dividend
3/01/2024
Dividend Payable
3/04/2024
Today
4/23/2024
Next Earnings (Estimated)
5/02/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
404
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$24.36
High Stock Price Target
C$32.00
Low Stock Price Target
C$18.85
Potential Upside/Downside
-14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
C$456.08 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.53 billion
Cash Flow
C$0.24 per share
Book Value
C$6.07 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.64 billion
Optionable
Not Optionable
Beta
2.65
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Key Executives

  • Mr. Ian Charles Dundas B.Com. (Age 56)
    B.Comm., L.L.B., President, CEO & Non-Independent Director
    Comp: $2.18M
  • Ms. Jodine Julene-Jenson Labrie B.Com.
    B.Comm, C.A., CBV, Senior VP & CFO
  • Mr. Wade D. Hutchings (Age 51)
    Senior VP & COO
    Comp: $1.39M
  • Mr. David A. McCoy B.Comm.
    Llb, VP, General Counsel & Corporate Secretary
  • Drew Mair
    Manager of Investor Relations
  • Mr. Garth R. Doll
    Vice President of Marketing & Midstream
  • Ms. Pamela Anne Ramotowski
    Vice President of People & Culture
  • Ms. Shaina Brianne Morihira B.Com.
    C.A., CPA, Vice President of Finance

ERF Stock Analysis - Frequently Asked Questions

Should I buy or sell Enerplus stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enerplus in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ERF shares.
View ERF analyst ratings
or view top-rated stocks.

What is Enerplus' stock price target for 2024?

4 analysts have issued 1-year price objectives for Enerplus' stock. Their ERF share price targets range from C$18.85 to C$32.00. On average, they anticipate the company's share price to reach C$24.36 in the next twelve months. This suggests that the stock has a possible downside of 12.2%.
View analysts price targets for ERF
or view top-rated stocks among Wall Street analysts.

How have ERF shares performed in 2024?

Enerplus' stock was trading at C$20.31 at the beginning of the year. Since then, ERF stock has increased by 36.5% and is now trading at C$27.73.
View the best growth stocks for 2024 here
.

When is Enerplus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our ERF earnings forecast
.

How were Enerplus' earnings last quarter?

Enerplus Co. (TSE:ERF) posted its quarterly earnings data on Wednesday, February, 21st. The oil and natural gas company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.03. The oil and natural gas company earned $595.12 million during the quarter. Enerplus had a trailing twelve-month return on equity of 39.59% and a net margin of 29.85%.

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

Enerplus declared a mar 24 dividend on Wednesday, February 21st. Stockholders of record on Friday, March 15th will be paid a dividend of 0.065 per share on Monday, March 4th. The ex-dividend date is Friday, March 1st.
Read our dividend analysis for ERF
.

Is Enerplus a good dividend stock?

Enerplus (TSE:ERF) pays an annual dividend of C$0.35 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 12.32%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ERF.

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), Toronto-Dominion Bank (TD), Pengrowth Energy (PGF), Baytex Energy (BTE), Canadian Natural Resources (CNQ), Cenovus Energy (CVE) and Argonaut Gold (AR).

How do I buy shares of Enerplus?

Shares of ERF stock 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.

This page (TSE:ERF) was last updated on 4/23/2024 by MarketBeat.com Staff

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