Press coverage about Enerplus Corporation (NYSE:ERF) (TSE:ERF) has been trending somewhat positive on Saturday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Enerplus Corporation earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the oil and natural gas company an impact score of 47.1310723953221 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Volume Moving the Tape For Enerplus Corp (ERF.TO) – Evergreen Caller (evergreencaller.com)
- Enerplus Corporation Expected to Post FY2017 Earnings of $0.69 Per Share (ERF) (americanbankingnews.com)
- Applied Materials, Inc. (AMAT) Shares Sold by Tradewinds Capital Management LLC (fishinghd.com)
- Zacks Investment Research Lowers Enerplus Corporation (ERF) to Sell (americanbankingnews.com)
- Enerplus Corporation (ERF) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
ERF has been the topic of a number of recent research reports. BidaskClub lowered Enerplus Corporation from a “hold” rating to a “sell” rating in a report on Thursday. Zacks Investment Research lowered Enerplus Corporation from a “hold” rating to a “sell” rating in a report on Tuesday. ValuEngine raised Enerplus Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Canaccord Genuity reaffirmed a “buy” rating and set a $16.00 price objective on shares of Enerplus Corporation in a report on Monday, May 8th. Finally, Capital One Financial Corporation started coverage on Enerplus Corporation in a report on Tuesday, July 11th. They set an “overweight” rating and a $13.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. Enerplus Corporation presently has an average rating of “Hold” and an average target price of $13.40.
Shares of Enerplus Corporation (NYSE ERF) opened at 9.00 on Friday. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 2.97 and a beta of 1.40. Enerplus Corporation has a 12-month low of $5.61 and a 12-month high of $10.33. The firm has a 50-day moving average price of $8.62 and a 200 day moving average price of $8.30.
Enerplus Corporation (NYSE:ERF) (TSE:ERF) last issued its earnings results on Friday, August 11th. The oil and natural gas company reported $0.24 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.16. The business had revenue of $191.57 million during the quarter, compared to analysts’ expectations of $257.94 million. Enerplus Corporation had a return on equity of 7.91% and a net margin of 103.80%. During the same quarter last year, the firm posted ($0.77) earnings per share. On average, equities research analysts anticipate that Enerplus Corporation will post $0.92 earnings per share for the current fiscal year.
The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 15th. Investors of record on Monday, July 31st were given a dividend of $0.0079 per share. The ex-dividend date was Thursday, July 27th. This represents a $0.10 dividend on an annualized basis and a yield of 1.06%. Enerplus Corporation’s payout ratio is 3.14%.
About Enerplus Corporation
Enerplus Corporation is an oil and natural gas company. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).
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