$0.21 EPS Expected for Enerplus Corporation (ERF) on May, 2

Enerplus Corporation (NYSE:ERF) Corporate Logo

Enerplus Corporation (NYSE:ERF)’s earnings release is awaited by WallStreet on May, 2, Faxor reports. Analysts forecast $0.21 EPS. That’s $0.12 up or 133.33 % from 2018’s earnings of $0.09. ERF’s profit could reach $50.15M if the current EPS of $0.21 is accurate. -34.38 % negative EPS growth is what Wall Street’s sees after $0.32 reported EPS last quarter. Ticker’s shares touched $8.68 during the last trading session after 3.09% change.Enerplus Corporation has volume of 644,708 shares. Since April 8, 2018 ERF has declined 18.68% and is downtrending. ERF underperformed the S&P 500 by 23.05%.

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of natural gas and crude oil in the United States and Canada.The firm is valued at $2.07 billion. The company's oil and natural gas properties are located primarily in North Dakota, Montana, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan.The P/E ratio is 19.86. 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.

More recent Enerplus Corporation (NYSE:ERF) news were published by Nasdaq.com, Seekingalpha.com and Investorplace.com. The first one has “Energy Sector Update for 03/22/2019: EGY,PVAC,DNR,ERF,ERF.TO – Nasdaq” as a title and was published on March 22, 2019. The next is “Enerplus: The Recent Weakness Is Unjustified – Seeking Alpha” on February 06, 2019. And last was published on March 14, 2019, called “Elite Dividend Payers: The Cure for the Biggest Mistake Income Investors Make – Investorplace.com”.

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