News coverage about Enerplus Corporation (NYSE:ERF) (TSE:ERF) has trended somewhat positive on Saturday, according to AlphaOne Sentiment. The research group, a service of Accern, identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enerplus Corporation earned a coverage optimism score of 0.21 on AlphaOne’s scale. AlphaOne also gave news headlines about the oil and natural gas company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Alpha One’s scoring:
- Is Buying Enerplus Corp (USA) (ERF) Here a Winning Strategy? – Weekly Register (weeklyregister.com)
- Enerplus Corp. breached its 50 day moving average in a Bearish Manner : ERF-US : June 16, 2017 (finance.yahoo.com)
- Stock Watch: Signals in View for Enerplus Corp (ERF) – Stock Daily Review (stockdailyreview.com)
- Key Group Holdings Cayman LTD Has Lowered Stake in Enerplus (ERF) as Stock Value Declined; Ja Solar Holdings … – BZ Weekly (bzweekly.com)
Enerplus Corporation (ERF) opened at 8.06 on Friday. Enerplus Corporation has a 12 month low of $5.61 and a 12 month high of $10.33. The company’s 50-day moving average price is $7.88 and its 200 day moving average price is $8.50. The firm has a market capitalization of $1.95 billion, a PE ratio of 4.04 and a beta of 1.32.
Enerplus Corporation (NYSE:ERF) (TSE:ERF) last issued its quarterly earnings data on Friday, May 5th. The oil and natural gas company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.21. The firm had revenue of $172.11 million during the quarter, compared to analyst estimates of $233.23 million. Enerplus Corporation had a return on equity of 0.14% and a net margin of 78.95%. During the same period in the previous year, the company posted ($0.84) EPS. On average, equities research analysts predict that Enerplus Corporation will post $0.55 earnings per share for the current year.
The business also recently disclosed a monthly dividend, which was paid on Thursday, June 15th. Shareholders of record on Friday, May 26th were issued a dividend of $0.007 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Wednesday, May 24th. Enerplus Corporation’s dividend payout ratio is currently 4.79%.
A number of research firms recently issued reports on ERF. Canaccord Genuity reiterated a “buy” rating and set a $16.00 price objective on shares of Enerplus Corporation in a report on Friday, February 24th. Zacks Investment Research upgraded Enerplus Corporation from a “sell” rating to a “hold” rating in a report on Monday, February 27th. Finally, TheStreet upgraded Enerplus Corporation from a “d” rating to a “c-” rating in a report on Friday, March 17th. Six investment analysts have rated the stock with a buy rating, Enerplus Corporation presently has a consensus rating of “Buy” and a consensus target price of $13.50.
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About Enerplus Corporation
Enerplus Corporation is an oil and natural gas company. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).
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