Enerplus Corporation found using ticker (ERF) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 19.92 and 13.87 with a mean TP of 16.18. Now with the previous closing price of 17.15 this indicates there is a potential downside of -5.7%. The day 50 moving average is 15.28 while the 200 day moving average is 13.6. The market cap for the company is $3,942m. Visit the company website at: https://www.enerplus.com
The potential market cap would be $3,719m 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, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2021, it had proved plus probable gross reserves of approximately 8.2 million barrels (MMbbls) of light and medium crude oil; 20.7 MMbbls of heavy crude oil; 299.3 MMbbls of tight oil; 56.2 MMbbls of natural gas liquids; 19.7 billion cubic feet (Bcf) of conventional natural gas; and 1,367.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
