Enerplus Corporation (ERF) Given Daily Media Impact Rating of 0.15
News articles about Enerplus Corporation (NYSE:ERF) (TSE:ERF) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Enerplus Corporation earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the oil and natural gas company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Equities Analysts Set Expectations for Enerplus Corporation’s Q2 2017 Earnings (NYSE:ERF) (americanbankingnews.com)
- Capital One Financial Corporation Begins Coverage on Enerplus Corporation (NYSE:ERF) (americanbankingnews.com)
- Enerplus Corp. – Value Analysis (NYSE:ERF) : July 10, 2017 (finance.yahoo.com)
- Enerplus Corp. breached its 50 day moving average in a Bearish Manner : ERF-US : July 7, 2017 (finance.yahoo.com)
Several analysts recently weighed in on the stock. Zacks Investment Research raised shares of Enerplus Corporation from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a report on Tuesday, June 6th. ValuEngine raised shares of Enerplus Corporation from a “sell” rating to a “hold” rating in a report on Thursday. BidaskClub raised shares of Enerplus Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 30th. TheStreet raised shares of Enerplus Corporation from a “d” rating to a “c-” rating in a report on Friday, March 17th. Finally, Capital One Financial Corporation assumed coverage on shares of Enerplus Corporation in a report on Tuesday. They issued an “overweight” rating and a $13.00 target price on the stock. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Enerplus Corporation presently has a consensus rating of “Buy” and a consensus price target of $13.40.
Shares of Enerplus Corporation (NYSE:ERF) traded up 1.502% during trading on Friday, reaching $8.445. 803,271 shares of the company’s stock traded hands. The stock has a market capitalization of $2.04 billion, a PE ratio of 4.090 and a beta of 1.39. Enerplus Corporation has a 1-year low of $5.61 and a 1-year high of $10.33. The company has a 50 day moving average price of $8.09 and a 200 day moving average price of $8.46.
Enerplus Corporation (NYSE:ERF) (TSE:ERF) last announced its earnings results on Friday, May 5th. The oil and natural gas company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.21. Enerplus Corporation had a return on equity of 0.14% and a net margin of 78.95%. The company had revenue of $172.11 million for the quarter, compared to analyst estimates of $233.23 million. During the same period in the prior year, the company posted ($0.84) EPS. On average, equities analysts forecast that Enerplus Corporation will post $0.65 EPS for the current fiscal year.
The firm also recently announced a monthly dividend, which will be paid on Friday, July 14th. Shareholders of record on Thursday, June 29th will be given a $0.007 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Tuesday, June 27th. Enerplus Corporation’s payout ratio is 4.79%.
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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