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Enerplus Corporation (ERF)

NYSE - NYSE Delayed Price. Currency in USD
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7.91+0.73 (+10.17%)
At close: 4:00PM EDT
7.92 +0.01 (0.13%)
After hours: 05:26PM EDT
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  • R
    Rex1
    lost all respect for Zack's ...on with a nother sell and no basis for there down grade!!.....so erf must be paying the to hold the price down because the buy back was approved to comense August 30th .....plus Old Canada this past Tuesday was given the all clear economics there energy sector finally took off. check out WTI Nov. &Dec contracts also NGL too. thanks to Europe no to low inventory oh NGL will remain higher....erf should just blow away earnings.
  • E
    EK
    Get on board! Well run company with little debt and a whole lotta cash flow . No brainer with wti in 70$+
    This is a top oil play!!
    Teen land soon 🔜 $$
  • C
    Chase
    What we got going here fellas...oil rally or stock buy backs? She is outperforming the sector in a big way the last week.
  • A
    A
    Natural Gas is up 8%, ERF is up 8% :)
  • L
    Leslie Chow
    About time for another dividend hike.
  • d
    david
    It’s one day. Oil at $70 and natural gas going higher. Cash flow available to shareholders should materially increase in 2Q 2022 (though it should come faster in my opinion). Stock still silly cheap. Management needs to do more to increase the company’s exposure.
  • D
    Dave
    Trend is our friend in the oil and gas sector!
  • R
    Rex1
    Why so Quiet....ERF not telling anything ....It's half way thru Sept. afraid they will pay more on the buy back!Guys & Gals i am very disturbed at the silence from them!We ...THE LONGS ....Know what they base there #$%$ Cash Flow on !!We also Know how much BPD (10,000) is going thru the DAPL compared to last Qtr.We Know they are doing very well.....BU*$SH(@ ......they Are CRUSHING IT !!!SO WHAT WITH THE MARKET & THE PRICE !!NGL @ a 7 year high, closed today @ what $5.40.....almost 2X what they base there money on!! ........WTI $72 and a half !!!!!!!!!!!Yes, everyone in the sector is going up But the price range is being restricted on the top end.
  • L
    Leslie Chow
    Insider Don Hutchins purchased another 5000 shares. Filed yesterday, September 7th.
  • K
    Karen
    In the Globe and Mail today, time to load up!
    Scotiabank analyst Jason Bouvier upgraded Enerplus Corp (ERF-T) to “sector outperform” from “sector perform,” citing its attractive valuation, strong balance sheet, and natural gas exposure. He has a C$10 price target.

    “Overall, we view the recent pullback in ERF’s share price as a good opportunity to buy a quality name,” Mr. Bouvier said in a note to clients.

    Enerplus’s share price has declined by 10% over the past month compared to an average decline of 5% for its peers. But many of those peers have less natural gas production as part of their overall product mix. That makes Enerplus well positioned, as about 35% of its expected 2022 production is gas versus about 20% for its its Canadian mid-cap peers, he noted. Over the past month, natural gas prices have been on the upswing even as crude oil futures have declined.
  • d
    david
    So (i) some of these proceeds will do to redeem stock and (ii) loan paydown will now be accomplished by end of Q1 2022. I hope ERF redeemed stock when to fell below $5PS. In general, a good development but I still feel ERF should be using more than 10% of excess cashflow to redeem shares at this share price with oil priced where it is.
  • A
    A
    ERF has raised their dividend yield 1Q, and 2Q 2021. Switched to quarterly payouts to attract a larger investment pool. They have made two outstanding acquisitions. Recently announced share buyback of 10% of their float. Oil and natural gas prices continue to increase with global demand. The need for energy in the world has never been so great! This is absolutely my long choice. The dividend is only icing on the cake!
    PS: the CEO has purchased over 100,000 shares this year alone.
  • D
    Daniele
    More Facts:

    Enerplus, founded by Marcel Tremblay and John Brussa in 1986, was worth $5.63 Billion in 2005 and it is now worth only $1.4 Billion under Ian Dundas’ leadership in August, 2021.  Misery!

    We would have thought Mr. Dundas would have learnt from former CEO Marcel Tremblay, his Predecessor and Mentor, who, - unlike Mr. Dundas, - consistently and successfully grew ERF stock value from only $15 US in 2001 to as high as $58 US in 2006!  Wow!!!
     

    On the contrary, Mr. Dundas only grew slightly the ERF stock value from $16 US shortly after he was installed CEO in July, 2013, to only $25 US, one year later, when all fundamentals were in favour of Enerplus and after Mr. Dundas’ predecessor, Mr. Marcel Tremblay, co-founder of Enerplus and the inventor of the income trust structure in Canada,  had handed Mr. Dundas a prosperous and promising company.

    However, shortly after Mr. Dundas’ ephemeral beginning, ERF stock plummeted to $2.89 US,  on Feb. 1, 2016, and eventually $1.48 US, around March 2020. In other words, Mr. Dundas has  NOT contributed to the growth of the stock value, but rather its demise.

    And now that you, Loyal Retail Shareholders , Financial Institution Investors, our numerous friends, colleagues, family members, who want to help Mr. Dundas in quickly increasing Enerplus’ stock value within the next month to a respectable level of $8.89 CAD or $7.54 US and above - more in line with Enerplus’ Enterprise Value, Mr. Dundas is hiding in his ivory tower, without quickly executing our simple request.

    If Mr. Dundas is incapable of increasing, by August 20, 2021, ERF stock value to that level, let us ensure he only receives $1 per year in salary until such time as he brings ERF stock value to $19 CAD or $15 US!

    Let us vote on it now because a competent CEO can execute on this simple request!
  • L
    Leslie Chow
    Recent insider purchases.
  • D
    Daniele
    On August 16, 10 am EST, the Natural Gas official benchmark is at $3.975 US, up 2.95%. With Natural Gas being one of Enerplus’ specialty, why is ERF stock depreciating in value???
  • D
    Daniele
    CEO Ian Dundas, what is your IMMEDIATE game plan to increase Enerplus’ visibility with current and future ERF Shareholders as well as current and future Financial Institution Investors - in order to IMMEDIATELY increase ERF stock value - so that ERF resumes its STRONG UPWARD TRADING with CONSISTENT UPWARD MOMENTUM, which is more in line with Enerplus’ current enterprise value?

    When, today or tomorrow, will you start EDUCATING on Enerplus’ incredible achievements current and future ERF Shareholders as well as current and future ERF Financial Institution Investors???

    When will you consistently appear before CNBC, Bloomberg, and the Wall Street Journal to tell about Enerplus’ incredible journey?  When will those educational interviews on Enerplus be posted on YouTube for the world to view?

    CEO Dundas, please stop hiding in your ivory tower, lead by example, and MAKE IT HAPPEN for us, the Shareholders and the Financial Institution Investors!

    You will see that we, the Shareholders and the Financial Institution Investors, will reward you and Enerplus and bring the stock back up to a respectable level of $15 US or $19 CAD and above !!!🤩
  • R
    Rex1
    what was the real reason for the sale????
  • A
    A
    Company announced today that they would be buying back up to 25M shares within this year.. Excellent move!
  • D
    Dave
    Interesting observation here - Oil & Nat Gas down over 1% but the producers are up a bit today so far. Still trying to figure this sector out!!
  • R
    Roger
    This is stock market and we'll always have ups and downs. ERF is one of my holdings and I'm comfortable with it. It has more than doubled in a year... A lot of good news and a great management team. 12 days ago, TSX authorized ERF's demand to purchase back 10% of its outstanding shares. ERF has solid and sercure
    finances, it is my opinion... I saw Eric Nutall on BNN, he's bullish on ERF.