Enerplus Corporation (TSX:ERF) Stock Price & Quote Analysis

ERF Stock Overview

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada.

ERF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	4/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 12.4% below our estimate of its fair value

Earnings are forecast to grow 10.99% per year

Became profitable this year

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

My Notes

New

Notes are coming soon

Enerplus Corporation Competitors

PrairieSky Royalty

TSX:PSK

CA$5.5b

Paramount Resources

TSX:POU

CA$4.5b

Whitecap Resources

TSX:WCP

CA$6.9b

MEG Energy

TSX:MEG

CA$6.3b

Price History & Performance

Summary of all time highs, changes and price drops for Enerplus
Historical stock prices
Current Share Price	CA$23.84
52 Week High	CA$25.72
52 Week Low	CA$14.17
Beta	2.95
1 Month Change	-0.25%
3 Month Change	1.10%
1 Year Change	61.96%
3 Year Change	257.42%
5 Year Change	76.33%
Change since IPO	-37.68%

Recent updates

Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 41% Undervaluation?

Jan 15

Enerplus (TSE:ERF) Will Pay A Larger Dividend Than Last Year At CA$0.041

Nov 09

Is Enerplus (TSE:ERF) A Risky Investment?

Oct 28

Enerplus' (TSE:ERF) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 10

Here's Why Enerplus (TSE:ERF) Can Afford Some Debt

Jul 05

Shareholders May Be Wary Of Increasing Enerplus Corporation's (TSE:ERF) CEO Compensation Package

Apr 30

Analysts' Revenue Estimates For Enerplus Corporation (TSE:ERF) Are Surging Higher

Apr 09

Need To Know: Enerplus Corporation (TSE:ERF) Insiders Have Been Buying Shares

Mar 11

Enerplus Corporation (TSE:ERF) Is Yielding 2.1% - But Is It A Buy?

Feb 18

Enerplus Corporation (TSE:ERF) Goes Ex-Dividend Soon

Jan 23

Enerplus (TSE:ERF) Has A Somewhat Strained Balance Sheet

Jan 16

Three Days Left Until Enerplus Corporation (TSE:ERF) Trades Ex-Dividend

Dec 26

How Much is Enerplus' (TSE:ERF) CEO Getting Paid?

Dec 25

Could The Enerplus Corporation (TSE:ERF) Ownership Structure Tell Us Something Useful?

Dec 07

Enerplus Corporation (TSE:ERF) Stock Goes Ex-Dividend In Just Four Days

Nov 19

Shareholder Returns

	ERF	CA Oil and Gas	CA Market
7D	0.4%	1.0%	0.6%
1Y	62.0%	18.4%	-0.6%

Return vs Industry: ERF exceeded the Canadian Oil and Gas industry which returned 18.4% over the past year.

Return vs Market: ERF exceeded the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is ERF's price volatile compared to industry and market?
ERF volatility
ERF Average Weekly Movement	5.5%
Oil and Gas Industry Average Movement	8.3%
Market Average Movement	9.9%
10% most volatile stocks in CA Market	19.1%
10% least volatile stocks in CA Market	3.9%

Stable Share Price: ERF is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ERF's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1986	435	Ian Dundas	https://www.enerplus.com

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2021, it had proved plus probable gross reserves of approximately 8.2 million barrels (MMbbls) of light and medium crude oil; 20.7 MMbbls of heavy crude oil; 299.3 MMbbls of tight oil; 56.2 MMbbls of natural gas liquids; 19.7 billion cubic feet (Bcf) of conventional natural gas; and 1,367.9 Bcf of shale gas.

Enerplus Corporation Fundamentals Summary

How do Enerplus's earnings and revenue compare to its market cap?
ERF fundamental statistics
Market Cap	CA$5.35b
Earnings (TTM)	CA$1.01b
Revenue (TTM)	CA$2.85b

5.3x

P/E Ratio

1.9x

P/S Ratio

Is ERF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ERF income statement (TTM)
Revenue	US$2.14b
Cost of Revenue	US$505.81m
Gross Profit	US$1.64b
Other Expenses	US$877.84m
Earnings	US$760.51m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 23, 2023

Earnings per share (EPS)	3.39
Gross Margin	76.41%
Net Profit Margin	35.47%
Debt/Equity Ratio	47.0%

How did ERF perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

8%

Payout Ratio

ERF Stock Overview

Rewards

Risk Analysis

Enerplus Corporation Competitors

TSX:PSK

CA$5.5b

TSX:POU

CA$4.5b

TSX:WCP

CA$6.9b

TSX:MEG

CA$6.3b

Price History & Performance

Recent News & Updates

Enerplus Corporation to Report Q4, 2022 Results on Feb 23, 2023

President exercised options and sold CA$2.3m worth of stock

Senior VP & COO recently sold CA$1.9m worth of stock

Surge Energy Inc. (TSX:SGY) completed the acquisition of Long Life,Operated,High Operating Netback,Waterflooded Producing Oil Assets from Enerplus Corporation (TSX:ERF)

Upcoming dividend of US$0.055 per share

Third quarter 2022 earnings released: EPS: US$1.32 (vs US$0.38 in 3Q 2021)

Recent updates

Enerplus Corporation to Report Q4, 2022 Results on Feb 23, 2023

President exercised options and sold CA$2.3m worth of stock

Senior VP & COO recently sold CA$1.9m worth of stock

Surge Energy Inc. (TSX:SGY) completed the acquisition of Long Life,Operated,High Operating Netback,Waterflooded Producing Oil Assets from Enerplus Corporation (TSX:ERF)

Upcoming dividend of US$0.055 per share

Third quarter 2022 earnings released: EPS: US$1.32 (vs US$0.38 in 3Q 2021)

Enerplus Corporation Provides Production Guidance for the Fourth Quarter of 2022 and Revises Production Guidance for the Full Year 2022

Enerplus Corporation Increases its Quarterly Dividend, Payable on December 15, 2022

Is Enerplus (TSE:ERF) Using Too Much Debt?

Journey Energy Inc. (TSX:JOY) completed the acquisition of Certain Canadian Assets of Enerplus Corporation.

Estimating The Intrinsic Value Of Enerplus Corporation (TSE:ERF)

Enerplus Corporation Appoints Sherri A. Brillon to Its Board of Directors

Enerplus Corporation to Report Q3, 2022 Results on Nov 03, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.05 per share

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$1.01 (vs US$0.19 loss in 2Q 2021)

Is Enerplus (TSE:ERF) A Risky Investment?

Enerplus Corporation Updates Production Guidance for the Year 2022

Journey Energy Inc. (TSX:JOY) entered into an agreement to acquire Certain Canadian Assets of Enerplus Corporation for CAD 140 million.

Enerplus Corporation to Report Q2, 2022 Results on Aug 04, 2022

Price target increased to CA$23.75

Why We Like The Returns At Enerplus (TSE:ERF)

President recently bought CA$187k worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Senior VP & COO recently bought CA$131k worth of stock

Upcoming dividend of US$0.043 per share

Statutory Profit Doesn't Reflect How Good Enerplus' (TSE:ERF) Earnings Are

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Enerplus Corporation Raises Its Production Guidance for the Year 2022

Price target increased to CA$22.15

Price target increased to CA$22.15

Enerplus Corporation to Report Q1, 2022 Results on May 05, 2022

The Trend Of High Returns At Enerplus (TSE:ERF) Has Us Very Interested

Consensus forecasts updated

Price target increased to CA$19.92

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Enerplus Announces Quarterly Cash Dividend for March 2022, Payable on March 3, 2022

Enerplus Corporation, Annual General Meeting, May 05, 2022

Is Enerplus (TSE:ERF) A Risky Investment?

Price target increased to CA$18.33

Enerplus Corporation Provides Production Guidance for the Year 2022

Independent Director recently bought CA$141k worth of stock

Is There An Opportunity With Enerplus Corporation's (TSE:ERF) 41% Undervaluation?

President exercised options and sold CA$126k worth of stock

Insufficient new directors

Upcoming dividend of CA$0.041 per share

Senior VP & COO recently bought CA$65k worth of stock

Enerplus (TSE:ERF) Will Pay A Larger Dividend Than Last Year At CA$0.041

Third quarter 2021 earnings released: EPS CA$0.44 (vs CA$0.51 loss in 3Q 2020)

Is Enerplus (TSE:ERF) A Risky Investment?

Price target increased to CA$12.65

Senior VP & CFO recently bought CA$75k worth of stock

An unknown buyer entered into a definitive agreement to acquire Interests in the Sleeping Giant field (Montana) and Russian Creek area in the Williston Basin from Enerplus Corporation (TSX:ERF) for approximately $120 million.

Upcoming dividend of CA$0.038 per share

Enerplus' (TSE:ERF) Shareholders Will Receive A Bigger Dividend Than Last Year

Second quarter 2021 earnings released: CA$0.23 loss per share (vs CA$2.74 loss in 2Q 2020)

President recently bought CA$84k worth of stock