In yesterday’s Wall Street session, Enerplus Corporation (NYSE:ERF) shares traded at $18.14, up 0.22% from the previous session.
ERF stock price is now 15.50% away from the 50-day moving average and 13.55% away from the 200-day moving average. The market capitalization of the company currently stands at $3.69B.
, while the Scotiabank previously rated the stock as ‘Sector Outperform’ on June 08, 2022.
A total of 5.15% of the company’s stock is owned by insiders.
During the past 12 months, Enerplus Corporation has had a low of $12.84 and a high of $19.01. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 0.80, and a quick ratio of 0.80. According to the stock market information, the enterprise value for the company is $3.85B, which is based on a 8.66 price-to-earnings ratio, a 0.20 price-to-earnings-growth ratio, and a beta of 1.98. The fifty day moving average price for ERF is $15.76 and a two-hundred day moving average price translates $15.99 for the stock.
The latest earnings results from Enerplus Corporation (NYSE: ERF) was released for Dec, 2023. According to the Oil & Gas E&P Company, earnings per share came in at $0.55, beating analysts’ expectations of $0.49 by 0.06. This compares to $1.37 EPS in the same period last year. The net profit margin was 27.42% and return on equity was 39.59% for ERF. The company reported revenue of $448.05 million for the quarter, compared to $548.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.29 percent.
Enerplus Corporation(ERF) Company Profile
Enerplus Corporation, together with subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.
