Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada.
Average dividend payer and fair value.
Share Price & News
How has Enerplus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: E17's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: E17 underperformed the German Oil and Gas industry which returned 37.2% over the past year.
Return vs Market: E17 underperformed the German Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is Enerplus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Enerplus undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: E17 (€2.12) is trading below our estimate of fair value (€19.11)
Significantly Below Fair Value: E17 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: E17 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: E17 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate E17's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: E17 is good value based on its PB Ratio (0.4x) compared to the DE Oil and Gas industry average (1.3x).
How is Enerplus forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: E17 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: E17 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: E17 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: E17's revenue (10.9% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: E17's revenue (10.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if E17's Return on Equity is forecast to be high in 3 years time
How has Enerplus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: E17 is currently unprofitable.
Growing Profit Margin: E17 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: E17 is unprofitable, but has reduced losses over the past 5 years at a rate of 38.1% per year.
Accelerating Growth: Unable to compare E17's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: E17 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).
Return on Equity
High ROE: E17 has a negative Return on Equity (-17.86%), as it is currently unprofitable.
How is Enerplus's financial position?
Financial Position Analysis
Short Term Liabilities: E17's short term assets (CA$392.5M) do not cover its short term liabilities (CA$417.0M).
Long Term Liabilities: E17's short term assets (CA$392.5M) do not cover its long term liabilities (CA$721.8M).
Debt to Equity History and Analysis
Debt Level: E17's debt to equity ratio (42.5%) is considered high.
Reducing Debt: E17's debt to equity ratio has reduced from 61.8% to 42.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable E17 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: E17 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.3% per year.
What is Enerplus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: E17's dividend (3.95%) is higher than the bottom 25% of dividend payers in the German market (1.25%).
High Dividend: E17's dividend (3.95%) is in the top 25% of dividend payers in the German market (3.84%)
Stability and Growth of Payments
Stable Dividend: E17's dividends per share have been stable in the past 10 years.
Growing Dividend: E17's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: E17 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: E17's dividends in 3 years are forecast to be well covered by earnings (20.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ian Dundas (52yo)
Mr. Ian Charles Dundas, B.Comm., LLB, has been the Chief Executive Officer and President at Enerplus Corporation since July 1, 2013. Mr. Dundas served as Chief Operating Officer at Enerplus Corporation fro ...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD3.20M) is above average for companies of similar size in the German market ($USD1.06M).
Compensation vs Earnings: Ian's compensation has increased whilst the company is unprofitable.
|Senior VP & CFO||4.83yrs||CA$2.04m||0.035% CA$154.4k|
|President of U.S. Operations||8.17yrs||CA$1.52m||0.0095% CA$41.7k|
|Senior VP & COO||0.42yr||no data||0.084% CA$370.6k|
|Manager of Investor Relations||no data||no data||no data|
|VP, General Counsel & Corporate Secretary||no data||CA$815.32k||0.0079% CA$35.0k|
|Vice President of Marketing||1.42yrs||no data||0.0072% CA$31.7k|
Experienced Management: E17's management team is considered experienced (4.8 years average tenure).
|Independent Director||9.83yrs||CA$323.00k||0.061% CA$270.5k|
|Independent Director||12.67yrs||CA$208.00k||0.017% CA$74.1k|
|Independent Director||6.42yrs||CA$208.00k||0.0045% CA$19.8k|
|Independent Board Chair||0.17yr||CA$194.43k||0.0067% CA$29.7k|
|Independent Director||8.08yrs||CA$198.00k||0.00072% CA$3.2k|
|Independent Director||9yrs||CA$198.00k||0.0029% CA$12.8k|
|Independent Director||2.58yrs||CA$203.00k||0.0064% CA$28.1k|
|Independent Director||1.58yrs||CA$203.00k||0.0022% CA$9.9k|
|Independent Director||0.50yr||no data||no data|
Experienced Board: E17's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: E17 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Enerplus Corporation's company bio, employee growth, exchange listings and data sources
- Name: Enerplus Corporation
- Ticker: E17
- Exchange: DB
- Founded: 1986
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$676.545m
- Listing Market Cap: CA$441.049m
- Shares outstanding: 222.55m
- Website: https://www.enerplus.com
Number of Employees
- Enerplus Corporation
- The Dome Tower
- Suite 3000
- T2P 2Z1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ERF||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1990|
|ERF||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1990|
|E17||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1990|
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, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2019, it had proved plus probable gross reserves of approximately 10.6 million barrels (MMbbls) of light and medium crude oil; 26.6 MMbbls of heavy crude oil; 181.1 MMbbls of tight oil; 22.7 MMbbls of natural gas liquids; 31.6 billion cubic feet (Bcf) of conventional natural gas; and 1,167.3 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 21:22|
|End of Day Share Price||2020/07/10 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.