Enerplus Corporation is an oil & gas e&p business based in Canada. Enerplus Corporation stocks (ERF) are listed on the Toronto Stock Exchange, and all prices are listed in Canadian Dollars.
Enerplus Corporation employs 404 staff and has a trailing 12-month revenue of around C$1.5 billion.Keep reading to see up-to-date Enerplus Corporation stock price and performance data, along with a step-by-step guide for how to buy Enerplus Corporation stock in Canada.
Can I buy Enerplus Corporation stock in Canada?
Yes, you can buy Enerplus Corporation stock in Canada. You simply need to open a brokerage account with an online trading platform that supports stocks on the Toronto Stock Exchange (TSX) exchange. Platforms like Interactive Brokers will allow you to directly buy Enerplus Corporation stock from within Canada.How to buy Enerplus Corporation stock
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Choose a stock trading platform.
Compare trading platforms. Choose a trading app with competitive pricing, access to trading tools and a user-friendly interface. (Check out our guide to the best trading apps in Canada.) -
Open a trading account.
To open a trading account, you'll need to provide personal information (like your email, phone number and banking details), verify your identity and complete the sign-up process. -
Fund your account.
Deposit funds into your trading account by linking your bank account via an Electronic Funds Transfer (EFT), wire transfer, cheque deposit or by whatever means the platform supports. Make sure you deposit enough to cover the stock price + any trading fees. -
Search for the stock—ERF.
Look up the stock using its name (Enerplus Corporation) or ticker symbol (ERF). Review its current price, recent performance and other relevant data before placing your order. -
Complete your purchase of Enerplus Corporation stock.
Choose the number of ERF stocks you want to purchase, place your order, confirm the details and then submit. Once executed, the shares will appear in your trading account.
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Is Enerplus Corporation stock a buy or sell right now?
The technical analysis gauge above shows real-time buy or sell ratings and analysis for Enerplus Corporation stock based on your selected timeframe. It uses three widely followed indicators—moving averages, oscillators and pivots—but this does not represent investment advice or a guarantee of success. Finder may not concur with these signals and accepts no responsibility for the performance of your stocks.
Can I buy Enerplus Corporation stock on the TSX?
No, you cannot buy Enerplus Corporation stock on the TSX because Enerplus Corporation stock is not listed on the TSX. Instead, Enerplus Corporation stock is listed on the Toronto Stock Exchange under the symbol "ERF."
That said, if you're wondering how to invest in Enerplus Corporation stock in Canada, you still have the option to do so by opening a trading account with a Canadian brokerage that gives you access to Toronto Stock Exchange, like Interactive Brokers.
Enerplus Corporation stock dividends
Enerplus Corporation dividend payout ratio: 22.01% of net profits
Recently Enerplus Corporation has paid out, on average, around 22.01% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.28% 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 1.28% return on their shares in the form of dividend payments. In Enerplus Corporation's case, that would currently equate to about C$0.24 per share.
While Enerplus Corporation's payout ratio might seem low, this can signify that Enerplus Corporation is investing more in its future growth.
Enerplus Corporation's most recent dividend payout was on June 4, 2024. The latest dividend was paid out to all shareholders who bought their stocks by May 30, 2024 (the "ex-dividend date").
Enerplus Corporation stock performance metrics
Here are some common key metrics for Enerplus Corporation stock that analysts often use to help gauge a stock's value—P/E ratio, PEG ratio and EBITDA.
Has Enerplus Corporation stock ever split?
Enerplus Corporation's stocks were split on a 5:4 basis on June 13, 2000. So, if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Enerplus Corporation stocks, just the quantity.
However, indirectly, the new 20% lower stock price could have impacted the market appetite for Enerplus Corporation stocks, which in turn could have impacted Enerplus Corporation's stock price.Enerplus Corporation company and revenue performance
| Market Capitalization | C$5.7 billion |
|---|---|
| Gross profit (TTM) | C$1.7 billion |
| Operating margin (TTM) | 23.63% |
| Profit margin | 26.04% |
| Revenue (TTM) | C$1.5 billion |
| Return on assets (TTM) | 15.25% |
| Return on equity (TTM) | 32.27% |
| Earnings per share (TTM) | C$2.45 |
| 50-day moving stock price average | C$27.36 |
| 200-day moving stock price average | C$23.43 |
Enerplus Corporation company profile
Enerplus Corporation, together with its subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania.
The company was founded in 1986 and is headquartered in Calgary, Canada. As of May 31, 2024, Enerplus Corporation operates as a subsidiary of Chord Energy Corporation.
Compare trading platforms to buy Enerplus Corporation stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Do I have to pay tax on gains from Enerplus Corporation stock sales in Canada?
Yes, you'll need to pay taxes in Canada on investment income, which includes any profit from selling Enerplus Corporation stock. The CRA taxes investment income from stocks in Canada based on three main factors:
- Investment income. Investment income includes money earned from interest, dividends or capital gains, which may affect how much you have to pay in taxes on stock sales in Canada.
- Investor type. Your investment income will be taxed differently depending on whether you're a regular investor or a day trader (which means you buy and trade stocks on a daily basis as your primary form of income).
- Tax bracket. The higher your tax bracket, the more you'll pay on income from stock sales. Your tax bracket depends on your gross income (minus deductions).
You can learn more about the tax implications of selling stocks in Canada here.
Frequently asked questions about Enerplus Corporation stock
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