Enerplus Corporation (NYSE:ERF) is expected to pay $0.01 on Dec 15, 2016. The indicated annual dividend is $0.09. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Enerplus Corporation’s current price of $7.90, the dividend is 0.09%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 18, 2016. The stock decreased 2.71% or $0.22 on November 25, hitting $7.9. About 440,852 shares traded hands. Enerplus Corp (USA) (NYSE:ERF) has risen 52.51% since April 25, 2016 and is uptrending. It has outperformed by 46.50% the S&P500.
Enerplus Corporation is an energy producer. The company has a market cap of $1.83 billion. The Company’s capital program is focused on the development of its natural gas and crude oil core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania. It currently has negative earnings. The Company’s Canadian crude oil properties production averaged approximately 18,978 barrels of oil equivalent per day .
Enerplus Corp (USA) (NYSE:ERF) Ratings Coverage
Out of 6 analysts covering Enerplus Corp (NYSE:ERF), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $14.5 is the highest target while $9.50 is the lowest. The $11.60 average target is 46.84% above today’s ($7.9) stock price. Enerplus Corp has been the topic of 13 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, November 9. The firm earned “Market Perform” rating on Monday, August 10 by FirstEnergy Capital. The rating was initiated by Canaccord Genuity on Wednesday, August 17 with “Buy”. On Friday, January 8 the stock rating was downgraded by Macquarie Research to “Neutral”. The stock has “Outperform” rating given by Raymond James on Friday, December 18. The firm has “Buy” rating by UBS given on Monday, November 9. Macquarie Research upgraded the shares of ERF in a report on Monday, June 6 to “Outperform” rating. Raymond James reinitiated Enerplus Corp (USA) (NYSE:ERF) on Monday, June 6 with “Outperform” rating.
More recent Enerplus Corp (USA) (NYSE:ERF) news were published by: Fool.ca which released: “Energy Investors: Encana Corporation or Enerplus Corp.?” on May 05, 2016. Also Fool.ca published the news titled: “Should Enerplus Corp. Be Your Top Energy Pick?” on October 08, 2015. Fool.ca‘s news article titled: “The Cuts Keep Coming at Enerplus Corp.” with publication date: February 25, 2016 was also an interesting one.
ERF Company Profile
Enerplus Corporation, incorporated on August 12, 2010, is an energy producer. The Company’s capital program is focused on the development of its natural gas and crude oil core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania. The Company’s oil and natural gas property interests are located in western Canada in the provinces of Alberta, British Columbia and Saskatchewan, and in the United States, primarily in the states of Montana, North Dakota, Pennsylvania and West Virginia.
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