Enerplus Corporation with ticker code (ERF) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The target price ranges between 17.24 and 11.76 with the average target price sitting at 14.89. With the stocks previous close at 11.62 this would imply there is a potential upside of 28.1%. There is a 50 day moving average of 11.08 and the 200 day moving average is 8.36. The company has a market capitalisation of $2,943m. Find out more information at: https://www.enerplus.com
The potential market cap would be $3,771m based on the market concensus.
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company’s oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2019, it had proved plus probable gross reserves of approximately 9.0 million barrels (MMbbls) of light and medium crude oil; 22.3 MMbbls of heavy crude oil; 170.1 MMbbls of tight oil; 23.5 MMbbls of natural gas liquids; 23.2 billion cubic feet (Bcf) of conventional natural gas; and 1,173.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
