Enerplus Past Earnings Performance
Past criteria checks 3/6
Enerplus has been growing earnings at an average annual rate of 37.9%, while the Oil and Gas industry saw earnings growing at 37.1% annually. Revenues have been growing at an average rate of 22.5% per year. Enerplus's return on equity is 37.2%, and it has net margins of 29.9%.
Key information
37.9%
Earnings growth rate
39.2%
EPS growth rate
Oil and Gas Industry Growth | 33.7% |
Revenue growth rate | 22.5% |
Return on equity | 37.2% |
Net Margin | 29.9% |
Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Enerplus Corporation: Finishes 2023 With Another Quarter Of Production Outperformance
Feb 07Enerplus Corporation: Good Company On Sale (Rating Upgrade)
Jan 18Enerplus: Excellent Q3 2023 Results (Rating Upgrade)
Nov 03Enerplus: Projected To Generate Over $250 Million In H2 2023 Free Cash Flow
Aug 24Enerplus: Strong Independent But The Focus On Buybacks Is Disappointing
Jul 24Enerplus Non-GAAP EPS of C$0.78
Feb 23Enerplus: Improved Performance And Decreasing Price Realizations
Feb 16Enerplus Corporation: More Work To Be Done
Nov 01Enerplus May Generate $1.3 Billion In Positive Cash Flow In H2 2022 And 2023
Sep 22Enerplus: Free Cash Flow Plus Production Growth Rewards Shareholders
Jul 09Enerplus: Focusing On The Bakken And Potentially Reaching A Net Cash Position By End Of 2022
Apr 14Revenue & Expenses BreakdownBeta
How Enerplus makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 1,528 | 456 | 66 | 0 |
30 Sep 23 | 1,636 | 670 | 75 | 0 |
30 Jun 23 | 1,830 | 848 | 72 | 0 |
31 Mar 23 | 2,092 | 1,019 | 72 | 0 |
31 Dec 22 | 2,186 | 914 | 70 | 0 |
30 Sep 22 | 2,144 | 761 | 69 | 0 |
30 Jun 22 | 1,920 | 553 | 66 | 0 |
31 Mar 22 | 1,644 | 257 | 62 | 0 |
31 Dec 21 | 1,381 | 234 | 57 | 0 |
30 Sep 21 | 1,030 | -67 | 46 | 0 |
30 Jun 21 | 775 | -244 | 40 | 0 |
31 Mar 21 | 562 | -685 | 41 | 0 |
31 Dec 20 | 516 | -693 | 43 | 0 |
30 Sep 20 | 607 | -862 | 45 | 0 |
30 Jun 20 | 682 | -715 | 50 | 0 |
31 Mar 20 | 790 | -196 | 50 | 0 |
31 Dec 19 | 883 | -204 | 55 | 0 |
30 Sep 19 | 885 | 316 | 55 | 0 |
30 Jun 19 | 935 | 336 | 56 | 0 |
31 Mar 19 | 920 | 275 | 56 | 0 |
31 Dec 18 | 883 | 277 | 56 | 0 |
30 Sep 18 | 893 | 112 | 59 | 0 |
30 Jun 18 | 754 | 56 | 58 | 0 |
31 Mar 18 | 696 | 148 | 57 | 0 |
31 Dec 17 | 689 | 189 | 59 | 0 |
30 Sep 17 | 657 | 851 | 66 | 0 |
30 Jun 17 | 627 | 729 | 64 | 0 |
31 Mar 17 | 577 | 487 | 66 | 0 |
31 Dec 16 | 510 | 296 | 64 | 0 |
30 Sep 16 | 508 | -814 | 59 | 0 |
30 Jun 16 | 541 | -971 | 69 | 0 |
31 Mar 16 | 597 | -1,083 | 73 | 0 |
31 Dec 15 | 601 | -1,098 | 75 | 0 |
30 Sep 15 | 710 | -557 | 82 | 0 |
30 Jun 15 | 876 | -310 | 83 | 0 |
31 Mar 15 | 988 | -27 | 85 | 0 |
31 Dec 14 | 1,247 | 258 | 91 | 0 |
30 Sep 14 | 1,301 | 158 | 98 | 0 |
30 Jun 14 | 1,353 | 99 | 105 | 0 |
31 Mar 14 | 1,243 | 95 | 98 | 0 |
31 Dec 13 | 1,207 | 45 | 104 | 0 |
30 Sep 13 | 1,225 | -248 | 102 | 0 |
30 Jun 13 | 1,121 | -299 | 98 | 0 |
Quality Earnings: ERF has high quality earnings.
Growing Profit Margin: ERF's current net profit margins (29.9%) are lower than last year (41.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ERF's earnings have grown significantly by 37.9% per year over the past 5 years.
Accelerating Growth: ERF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ERF had negative earnings growth (-50.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-21.9%).
Return on Equity
High ROE: ERF's Return on Equity (37.2%) is considered high.