Media headlines about Enerplus Corporation (NYSE:ERF) (TSE:ERF) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enerplus Corporation earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the oil and natural gas company an impact score of 47.0058817237552 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Top 3 Mid-Cap Oil E&P Stocks for 2017 (finance.yahoo.com)
- Enerplus Corp. – Value Analysis (NYSE:ERF) : November 2, 2017 (finance.yahoo.com)
- Enerplus Corporation (ERF) to Release Quarterly Earnings on Thursday (americanbankingnews.com)
- Enerplus Corp. breached its 50 day moving average in a Bullish Manner : ERF-US : November 1, 2017 (finance.yahoo.com)
- Enerplus Corp. : ERF-US: Dividend Analysis : October 30th, 2017 (record date) : By the numbers : October 30, 2017 (finance.yahoo.com)
Enerplus Corporation (ERF) traded up $0.18 during trading hours on Friday, reaching $9.55. 770,517 shares of the company’s stock traded hands, compared to its average volume of 997,909. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.45 and a current ratio of 2.45. The stock has a market capitalization of $2.27 billion, a PE ratio of 34.70 and a beta of 1.37.
Enerplus Corporation (NYSE:ERF) (TSE:ERF) last released its quarterly earnings data on Friday, August 11th. The oil and natural gas company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.16. The business had revenue of $191.57 million for 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 in the previous year, the business posted ($0.77) EPS. sell-side analysts forecast that Enerplus Corporation will post 0.96 EPS for the current fiscal year.
The business also recently declared a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Monday, October 30th will be given a dividend of $0.008 per share. This is a positive change from Enerplus Corporation’s previous monthly dividend of $0.01. The ex-dividend date of this dividend is Friday, October 27th. This represents a $0.10 annualized dividend and a dividend yield of 1.01%. Enerplus Corporation’s payout ratio is 3.48%.
Several analysts recently commented on ERF shares. Zacks Investment Research cut shares of Enerplus Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Scotiabank restated a “buy” rating and set a $16.00 target price on shares of Enerplus Corporation in a report on Tuesday, October 10th. ValuEngine upgraded shares of Enerplus Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Capital One Financial Corporation began coverage on shares of Enerplus Corporation in a report on Tuesday, July 11th. They set an “overweight” rating and a $13.00 target price for the company. Finally, CIBC began coverage on shares of Enerplus Corporation in a report on Wednesday, October 18th. They set a “sector outperform” rating for the company. Two analysts have rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. Enerplus Corporation currently has a consensus rating of “Buy” and an average price target of $14.80.
Enerplus Corporation Company Profile
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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