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How to buy Enerplus Corporation stock | $3.13

Own Enerplus Corporation stock in just a few minutes.

Fact checked

Enerplus Corporation is an oil & gas e&p business based in the US. Enerplus Corporation shares (ERF) are listed on the NYSE and all prices are listed in US Dollars. Enerplus Corporation employs 383 staff and has a market cap (total outstanding shares value) of USD$698.1 million.

How to buy shares in Enerplus Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Enerplus Corporation. Find the stock by name or ticker symbol: ERF. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Enerplus Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$3.13, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Enerplus Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Enerplus Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Enerplus Corporation share price

Use our graph to track the performance of ERF stocks over time.

Enerplus Corporation shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$3.13
52-week rangeUSD$1.121 - USD$7.1037
50-day moving average USD$2.7648
200-day moving average USD$2.4901
Wall St. target priceUSD$13.74
PE ratio 7.1854
Dividend yield USD$0.09 (3%)
Earnings per share (TTM) USD$0.437

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Enerplus Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Enerplus Corporation price performance over time

Historical closes compared with the close of $3.13 from 2020-12-31

1 week (2021-01-15) -14.25%
1 month (2020-12-23) -0.32%
3 months (2020-10-22) 50.48%
6 months (2020-07-22) 15.07%
1 year (2020-01-22) -45.38%
2 years (2019-01-22) -63.90%
3 years (2018-01-22) 11.06
5 years (2016-01-22) 17.23%

Is Enerplus Corporation under- or over-valued?

Valuing Enerplus Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enerplus Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Enerplus Corporation's P/E ratio

Enerplus Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Enerplus Corporation shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Enerplus Corporation's PEG ratio

Enerplus Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.1. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Enerplus Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Enerplus Corporation financials

Gross profit TTM USD$736 million
Return on assets TTM 2.34%
Return on equity TTM -84.53%
Profit margin -141.95%
Book value $5.412
Market capitalisation USD$698.1 million

TTM: trailing 12 months

Shorting Enerplus Corporation shares

There are currently 5.9 million Enerplus Corporation shares held short by investors – that's known as Enerplus Corporation's "short interest". This figure is 17.1% up from 5.0 million last month.

There are a few different ways that this level of interest in shorting Enerplus Corporation shares can be evaluated.

Enerplus Corporation's "short interest ratio" (SIR)

Enerplus Corporation's "short interest ratio" (SIR) is the quantity of Enerplus Corporation shares currently shorted divided by the average quantity of Enerplus Corporation shares traded daily (recently around 1.7 million). Enerplus Corporation's SIR currently stands at 3.52. In other words for every 100,000 Enerplus Corporation shares traded daily on the market, roughly 3520 shares are currently held short.

However Enerplus Corporation's short interest can also be evaluated against the total number of Enerplus Corporation shares, or, against the total number of tradable Enerplus Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Enerplus Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Enerplus Corporation shares in existence, roughly 30 shares are currently held short) or 0.0264% of the tradable shares (for every 100,000 tradable Enerplus Corporation shares, roughly 26 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Enerplus Corporation.

Find out more about how you can short Enerplus Corporation stock.

Enerplus Corporation share dividends

31%

Dividend payout ratio: 30.65% of net profits

Recently Enerplus Corporation has paid out, on average, around 30.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Enerplus Corporation shareholders could enjoy a 3% return on their shares, in the form of dividend payments. In Enerplus Corporation's case, that would currently equate to about $0.09 per share.

While Enerplus Corporation's payout ratio might seem fairly standard, it's worth remembering that Enerplus Corporation may be investing much of the rest of its net profits in future growth.

Enerplus Corporation's most recent dividend payout was on 15 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (the "ex-dividend date").

Enerplus Corporation share price volatility

Over the last 12 months, Enerplus Corporation's shares have ranged in value from as little as $1.121 up to $7.1037. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Enerplus Corporation's is 3.5634. This would suggest that Enerplus Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Enerplus Corporation overview

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, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2019, it had proved plus probable gross reserves of approximately 10.6 million barrels (MMbbls) of light and medium crude oil; 26.6 MMbbls of heavy crude oil; 181.1 MMbbls of tight oil; 22.7 MMbbls of natural gas liquids; 31.6 billion cubic feet (Bcf) of conventional natural gas; and 1,167.3 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.

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