Enerplus Corporation (ERF) EPS Estimated At $0.25

August 9, 2018 - By Mark Babin

Enerplus Corporation (NYSE:ERF) Logo

Analysts expect Enerplus Corporation (NYSE:ERF) to report $0.25 EPS on August, 10 before the open.They anticipate $0.01 EPS change or 4.17 % from last quarter’s $0.24 EPS. ERF’s profit would be $61.61 million giving it 13.16 P/E if the $0.25 EPS is correct. After having $0.09 EPS previously, Enerplus Corporation’s analysts see 177.78 % EPS growth. The stock decreased 1.20% or $0.16 during the last trading session, reaching $13.16. About 495,689 shares traded. Enerplus Corporation (NYSE:ERF) has risen 50.51% since August 9, 2017 and is uptrending. It has outperformed by 37.94% the S&P500.

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of natural gas and crude oil in the United States and Canada. The company has market cap of $3.24 billion. The company's oil and natural gas properties are located primarily in North Dakota, Montana, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. It has a 22.73 P/E ratio. As of December 31, 2016, it had proved plus probable gross reserves of approximately 14.3 million barrels of light and medium crude oil; 39.0 MMbbls of heavy crude oil; 123.0 MMbbls of tight oil; 18.1 MMbbls of natural gas liquids; 126.3 billion cubic feet (Bcf) of conventional natural gas; and 1,002.8 Bcf of shale gas.

Another recent and important Enerplus Corporation (NYSE:ERF) news was published by Benzinga.com which published an article titled: “Enerplus Announces Conference Call for 2018 Second Quarter Results” on July 16, 2018.

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