Enerplus Corp

ERF-T

TSE:ERF

2.88
0.12 (4.35%)
Enerplus Corporation is one of Canada’s largest independent oil and gas producers. Enerplus Corp., was established in 1986 and holds oil and natural gas property interest in the United States and in ...
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Analysis and Opinions about ERF-T

Signal
Opinion
Expert
HOLD
HOLD
April 3, 2020
It is astounding how good quality companies with good hedge books, like ERF, have fallen like all the other energy companies. They have about half of their production hedged for this year. They have 20% hedged at $57 and another 22% priced at $11 premium to spot prices. He sees meaningful upside once we pass the worst of the COVID influence.
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Enerplus Corp (ERF-T)
April 3, 2020
It is astounding how good quality companies with good hedge books, like ERF, have fallen like all the other energy companies. They have about half of their production hedged for this year. They have 20% hedged at $57 and another 22% priced at $11 premium to spot prices. He sees meaningful upside once we pass the worst of the COVID influence.
PAST TOP PICK
PAST TOP PICK
March 10, 2020
(A Top Pick May 10/19, Down 75%) This looked better two days ago--all energy stocks have been hammered. ERF has a reasonable balance sheet. He sold this. It looked like this had found a bottom at a super cheap 2.5x valuation, cheaper now after the Oil Shock. Big question: When does price momentum start going down? Selling begets selling. He's sidelined on all oil stocks.
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Enerplus Corp (ERF-T)
March 10, 2020
(A Top Pick May 10/19, Down 75%) This looked better two days ago--all energy stocks have been hammered. ERF has a reasonable balance sheet. He sold this. It looked like this had found a bottom at a super cheap 2.5x valuation, cheaper now after the Oil Shock. Big question: When does price momentum start going down? Selling begets selling. He's sidelined on all oil stocks.
BUY
BUY
February 12, 2020
A name he continues to own and has been buying on weakness. It has simply fallen off the radar screen for many investors. He thinks it trades at 2.7 times value to cash flow and only 87% of the blow down value of the existing wells. It has a 10% free cash flow yield.
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Enerplus Corp (ERF-T)
February 12, 2020
A name he continues to own and has been buying on weakness. It has simply fallen off the radar screen for many investors. He thinks it trades at 2.7 times value to cash flow and only 87% of the blow down value of the existing wells. It has a 10% free cash flow yield.
DON'T BUY
DON'T BUY
January 28, 2020

It held up better than other midcaps over the last 3 years, but he's focusing on renewable infrastructure. In producers of energy, he's sticking to large caps like BP, Shell and Chevron, or CNQ and SU-T here. That's where the money flows are going.

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Enerplus Corp (ERF-T)
January 28, 2020

It held up better than other midcaps over the last 3 years, but he's focusing on renewable infrastructure. In producers of energy, he's sticking to large caps like BP, Shell and Chevron, or CNQ and SU-T here. That's where the money flows are going.

HOLD
HOLD
November 15, 2019
A large holding for him and he is concerned about upcoming earnings. He sees it trading at 8-12% free cash flow next year based on his oil price outlook. They are doing share buybacks. They have 10 years of inventory in the US Bakken and you are only paying about half of historical valuation. He thinks this will be a company that reacts strongly when investors return to the space.
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Enerplus Corp (ERF-T)
November 15, 2019
A large holding for him and he is concerned about upcoming earnings. He sees it trading at 8-12% free cash flow next year based on his oil price outlook. They are doing share buybacks. They have 10 years of inventory in the US Bakken and you are only paying about half of historical valuation. He thinks this will be a company that reacts strongly when investors return to the space.
PAST TOP PICK
PAST TOP PICK
October 18, 2019

(A Top Pick May 06/19, Down 29%) He was looking for a seasonal trade in the summer. It is still making higher lows and has a good yield. If you don't own energies, this is a good one.

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Enerplus Corp (ERF-T)
October 18, 2019

(A Top Pick May 06/19, Down 29%) He was looking for a seasonal trade in the summer. It is still making higher lows and has a good yield. If you don't own energies, this is a good one.

TOP PICK
TOP PICK
October 11, 2019
A miss-priced US Bakken oil producer trading at just over 3 times cash flow and a pristine balance sheet. They have been buying back stock and increasing production with the free cash flow being generated. He would prefer to see them buy back more shares next year. Yield 1.36% (Analysts’ price target is $14.88)
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Enerplus Corp (ERF-T)
October 11, 2019
A miss-priced US Bakken oil producer trading at just over 3 times cash flow and a pristine balance sheet. They have been buying back stock and increasing production with the free cash flow being generated. He would prefer to see them buy back more shares next year. Yield 1.36% (Analysts’ price target is $14.88)
BUY
BUY
August 30, 2019
Very well-run with a pristine balance sheet. They're buying back more shares than any other. But they're trading at only 2.5x next year's cash flow! Their debt + market cap is less than the value of their production stream (including a 10 year inventory in the Bakken). Excellent debt level. They should buyback shares with their 15% free cash yield. Deep value. A big holding of his.
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Enerplus Corp (ERF-T)
August 30, 2019
Very well-run with a pristine balance sheet. They're buying back more shares than any other. But they're trading at only 2.5x next year's cash flow! Their debt + market cap is less than the value of their production stream (including a 10 year inventory in the Bakken). Excellent debt level. They should buyback shares with their 15% free cash yield. Deep value. A big holding of his.
PAST TOP PICK
PAST TOP PICK
August 27, 2019
(A Top Pick Oct 23/18, Down 38%) ERF is really a US oil producer, but the whole oil sector has come under fire. He sold ERF and a lot of his oil shares, down to a 4% weight.
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Enerplus Corp (ERF-T)
August 27, 2019
(A Top Pick Oct 23/18, Down 38%) ERF is really a US oil producer, but the whole oil sector has come under fire. He sold ERF and a lot of his oil shares, down to a 4% weight.
TOP PICK
TOP PICK
July 19, 2019
A big holding for him. They could buyback 5% of their stock, and he's advocating for buybacks in Canadian oil. Sits at only 0.6x debt-to-cash flow despite having a 10-year inventory in the Bakkan. Have very valuable free cash flow assets. (Analysts’ price target is $15.86)
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Enerplus Corp (ERF-T)
July 19, 2019
A big holding for him. They could buyback 5% of their stock, and he's advocating for buybacks in Canadian oil. Sits at only 0.6x debt-to-cash flow despite having a 10-year inventory in the Bakkan. Have very valuable free cash flow assets. (Analysts’ price target is $15.86)
WAIT
WAIT
July 17, 2019
He is close to buying this one, but feels there is an overhang concern that they may divest or invest in something big. He needs to wait to see what will happen first. Their current assets are good and the balance sheet is in good shape.
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Enerplus Corp (ERF-T)
July 17, 2019
He is close to buying this one, but feels there is an overhang concern that they may divest or invest in something big. He needs to wait to see what will happen first. Their current assets are good and the balance sheet is in good shape.
SELL
SELL
July 16, 2019
He's trading this, hoping it reaches $10. It's trying. If it doesn't in the next few days, sell it.
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Enerplus Corp (ERF-T)
July 16, 2019
He's trading this, hoping it reaches $10. It's trying. If it doesn't in the next few days, sell it.
COMMENT
COMMENT
June 7, 2019

This has had a slow downtrend for the last 12 months. But seasonality kicks in during the summer for oil stocks, and the US dollar will help this dramatically if the USD breaks down. ERF pays a decent yield. Good management. The current price south of $10, we hit it in 2015, and faced resistance in 2016 with several touches in 2017. If it keeps falling, it will fall to $6-7. July should push this to $11, and it could move back to $16.

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This has had a slow downtrend for the last 12 months. But seasonality kicks in during the summer for oil stocks, and the US dollar will help this dramatically if the USD breaks down. ERF pays a decent yield. Good management. The current price south of $10, we hit it in 2015, and faced resistance in 2016 with several touches in 2017. If it keeps falling, it will fall to $6-7. July should push this to $11, and it could move back to $16.

TOP PICK
TOP PICK
May 10, 2019
For four years, during the energy bear market, this stock held its own. It just beat its earnings estimates today. Trades at 10 times earnings and 1.4 times book. A strong cash flow generator if oil prices hold. Yield 1.01% (Analysts’ price target is $17.36)
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For four years, during the energy bear market, this stock held its own. It just beat its earnings estimates today. Trades at 10 times earnings and 1.4 times book. A strong cash flow generator if oil prices hold. Yield 1.01% (Analysts’ price target is $17.36)
TOP PICK
TOP PICK
May 6, 2019
They are managed extremely well. The Canadian content is actually a small percentage. It has lots of opportunity to grow. They have cleaned up the balance sheet. (Analysts’ price target is $17.36)
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They are managed extremely well. The Canadian content is actually a small percentage. It has lots of opportunity to grow. They have cleaned up the balance sheet. (Analysts’ price target is $17.36)
Showing 1 to 15 of 275 entries

Enerplus Corp(ERF-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

Stockchase rating for Enerplus Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Enerplus Corp(ERF-T) Frequently Asked Questions

What is Enerplus Corp stock symbol?

Enerplus Corp is a Canadian stock, trading under the symbol ERF-T on the Toronto Stock Exchange (ERF-CT). It is usually referred to as TSX:ERF or ERF-T

Is Enerplus Corp a buy or a sell?

In the last year, 9 stock analysts published opinions about ERF-T. 5 analysts recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Enerplus Corp.

Is Enerplus Corp a good investment or a top pick?

Enerplus Corp was recommended as a Top Pick by Eric Nuttall on 2020-04-03. Read the latest stock experts ratings for Enerplus Corp.

Why is Enerplus Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Enerplus Corp worth watching?

9 stock analysts on Stockchase covered Enerplus Corp In the last year. It is a trending stock that is worth watching.

What is Enerplus Corp stock price?

On 2020-04-08, Enerplus Corp (ERF-T) stock closed at a price of $2.88.