Enerplus is an independent North American exploration and production company. Its portfolio of assets consists of North American oil and natural gas assets including light oil assets in the Williston Basin, Marcellus natural gas shale play and oil assets in western Canada.
Enerplus derives more than 80% of its revenues in the US and the rest is from Canada. Liquids comprise 56% of the product mix while natural gas accounts for 44%. The company has a production capacity ranging in between 94,000-100,000 BOE/day.
Enerplus benefits from its strategic position in the Bakken core which will still have more than 10 years of drilling inventory, even if proceeding at the current rate. Enerplus is targeting annual liquids production to grow at 10% to 13% in 2020-2021 driven by development in North Dakota.
Stock Chart & Metrics
- Ticker: tse:erf
- Sector: Energy
- Industry: Oil & Gas E&P
- Market Cap: 4.27B
- Market Cap Group: Mid Cap
- P/E: 3.42
- Dividend Yield: 1.50%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 4/10
Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| COP | NYSE:COP | ConocoPhillips | 123.24 | 8.08 | 2.00 | NO | 1 | 5 | 69 |
| CNQ | TSE:CNQ | Canadian Natural Resources | 83.96 | 8.96 | 4.75 | YES | 1 | 5 | 69 |
| EOG | NYSE:EOG | EOG Resources, Inc. | 64.40 | 8.85 | 3.00 | NO | 1 | 5 | 69 |
| OXY | NYSE:OXY | Occidental Petroleum Corporation | 52.93 | 7.10 | 1.22 | NO | 1 | 5 | 69 |
| TOU | TSE:TOU | Tourmaline Oil | 20.16 | 5.03 | 1.68 | YES | 1 | 5 | 69 |
| OVV | TSE:OVV | Ovintiv | 11.46 | 2.02 | 3.48 | NO | 1 | 5 | 69 |
| ARX | TSE:ARX | Arc Resources | 10.34 | 3.71 | 4.02 | NO | 1 | 5 | 69 |
| WCP | TSE:WCP | Whitecap Resources | 5.83 | 4.63 | 6.01 | NO | 1 | 5 | 69 |
| MUR | NYSE:MUR | Murphy Oil Corporation | 5.69 | 5.97 | 3.02 | NO | 1 | 5 | 69 |
| PSK | TSE:PSK | PrairieSky Royalty | 5.50 | 17.72 | 4.17 | NO | 1 | 5 | 69 |
| CPG | TSE:CPG | Crescent Point Energy | 4.82 | 9.96 | 4.50 | NO | 1 | 5 | 69 |
| ERF | TSE:ERF | Enerplus Corporation | 4.27 | 3.42 | 1.50 | NO | 1 | 5 | 69 |
| VET | TSE:VET | Vermillion Energy | 2.55 | 1.88 | 2.54 | NO | 1 | 5 | 69 |
| FRU | TSE:FRU | Freehold Royalties | 2.21 | 10.95 | 7.38 | NO | 1 | 5 | 69 |
| PEY | TSE:PEY | Peyto Exploration & Development Corp. | 1.98 | 5.21 | 3.89 | NO | 1 | 5 | 69 |
| BNE | TSE:BNE | Bonterra Energy | 0.21 | 2.81 | 0.00 | NO | 1 | 5 | 69 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
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Enerplus Corporation - FAQ
What is the stock ticker for Enerplus Corporation?
The stock ticker for Enerplus Corporation is TSE:erf.
Is Enerplus Corporation a good stock to buy?
You need to consider your investment strategy and how TSE:erf can fit in your portfolio.
The current dividend income score of 4/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Enerplus Corporation a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 41 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Enerplus Corporation?
You can easily buy the ERF stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.