How to buy Enerplus Corporation stock in Canada

Enerplus Corporation is an oil & gas e&p business based in Canada. Enerplus Corporation shares (ERF) 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.

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Enerplus Corporation stock price (Toronto Stock Exchange (TSX): ERF)

Use our graph to track the performance of ERF stocks over time.

Enerplus Corporation stocks at a glance

• Key figures

Information last updated 2024-07-02.

52-week range	C$17.99 - C$28.53
50-day moving average more info button	C$27.36
200-day moving average more info button	C$23.43
Wall St. target price	C$24.76
PE ratio more info button	10.9306
Dividend yield more info button	C$0.24 (1.28%)
Earnings per share (TTM) more info button	C$2.45

Is it a good time to buy Enerplus Corporation stock?

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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Is Enerplus Corporation stock undervalued or overvalued?

Valuing Enerplus Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enerplus Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Enerplus Corporation's P/E ratio

Enerplus Corporation's current share 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 shares trade at around 11x recent earnings.

Enerplus Corporation's EBITDA

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

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

Enerplus Corporation financials

Revenue TTM	C$1.5 billion
Operating margin TTM	23.63%
Gross profit TTM	C$1.7 billion
Return on assets TTM	15.25%
Return on equity TTM	32.27%
Profit margin	26.04%
Book value	C$6.10
Market Capitalization more info button	C$5.7 billion
EBITDA more info button	C$868.4 million

TTM: trailing 12 months

Enerplus Corporation stock dividends

Dividend payout ratio: 22.01% of net profits

Recently Enerplus Corporation has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Enerplus Corporation shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Enerplus Corporation's case, that would currently equate to about C$0.24 per share.

While Enerplus Corporation's payout ratio might seem low, this can signify that Enerplus Corporation is investing more in its future growth.

Enerplus Corporation's most recent dividend payout was on 3 June 2024. The latest dividend was paid out to all shareholders who bought their stocks by 29 May 2024 (the "ex-dividend date").

Have Enerplus Corporation's stocks ever split?

Enerplus Corporation's stocks were split on a 5:4 basis on 13 June 2000 . So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Enerplus Corporation stocks – just the quantity. However, indirectly, the new 20% lower stock price could have impacted the market appetite for Enerplus Corporation stocks, which in turn could have impacted Enerplus Corporation's stock price.

Enerplus Corporation stock price volatility

Over the last 12 months, Enerplus Corporation's stocks have ranged in value from as little as C$17.9855 up to C$28.5303. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Enerplus Corporation's is 2.641. This would suggest that Enerplus Corporation's stocks are significantly more volatile than the average for this exchange and represent a higher risk.

Enerplus Corporation overview

Enerplus Corporation, together with its 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. As of May 31, 2024, Enerplus Corporation operates as a subsidiary of Chord Energy Corporation..

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Frequently asked questions

What percentage of Enerplus Corporation is owned by insiders or institutions?
Currently 1.316% of Enerplus Corporation stocks are held by insiders and 67.66% by institutions. How many people work for Enerplus Corporation?
Latest data suggests 404 work at Enerplus Corporation. When does the fiscal year end for Enerplus Corporation?
Enerplus Corporation's fiscal year ends in December. Where is Enerplus Corporation based?
Enerplus Corporation's address is: The Dome Tower, Calgary, AB, Canada, T2P 2Z1 What is Enerplus Corporation's ISIN number?
Enerplus Corporation's international securities identification number is: CA2927661025

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