How to buy Enerplus Corporation stock in Canada

Learn how to buy Enerplus Corporation stock in 6 easy steps.

Enerplus Corporation is an oil & gas e&p business based in Canada. Enerplus Corporation shares (ERF.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian dollars. Enerplus Corporation employs 404 staff and has a trailing 12-month revenue of around C$1.5 billion.

How to buy shares in Enerplus Corporation

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. ERF in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Best for Beginners

Go to site
Easy to use app
  • 100 free trades signup offer
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

Go to site
CA & US trading
  • 6% cash rebate plus $2,200 in trading perks
  • Low transaction fees
  • Easy-to-use app

Is Enerplus Corporation under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Enerplus Corporation P/E ratio, PEG ratio and EBITDA.

Enerplus Corporation's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Enerplus Corporation's stocks trade at around 11x recent earnings.

Enerplus Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$868.4 million.

The EBITDA is a measure of Enerplus Corporation's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More resources on Finder

More guides on Finder

Go to site