Enerplus Corporation (NYSE:ERF) Earns Daily Media Sentiment Rating of 0.23
Media headlines about Enerplus Corporation (NYSE:ERF) (TSE:ERF) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Enerplus Corporation earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the oil and natural gas company an impact score of 19 out of 100, indicating that recent news coverage is very unlikely to have an impact on the stock’s share price in the next few days.
Enerplus Corporation (ERF) traded up 1.56% during mid-day trading on Friday, reaching $8.45. 851,567 shares of the company traded hands. The stock has a market capitalization of $2.05 billion, a PE ratio of 3.91 and a beta of 1.39. Enerplus Corporation has a 52-week low of $5.61 and a 52-week high of $10.33. The firm’s 50-day moving average is $8.09 and its 200 day moving average is $8.45.
Enerplus Corporation (NYSE:ERF) (TSE:ERF) last posted its earnings results on Friday, May 5th. The oil and natural gas company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.21. The company had revenue of $172.11 million for the quarter, compared to analysts’ expectations of $233.23 million. Enerplus Corporation had a return on equity of 0.14% and a net margin of 78.95%. During the same period last year, the business posted ($0.84) earnings per share. On average, equities research analysts expect that Enerplus Corporation will post $0.65 earnings per share for the current year.
The business also recently announced a monthly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 29th were paid a $0.007 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date was Tuesday, June 27th. Enerplus Corporation’s payout ratio is 4.79%.
ERF has been the subject of several recent analyst reports. Canaccord Genuity restated a “buy” rating and set a $16.00 price objective on shares of Enerplus Corporation in a research report on Monday, May 8th. Zacks Investment Research upgraded shares of Enerplus Corporation from a “hold” rating to a “buy” rating and set a $8.50 price objective for the company in a research report on Wednesday, May 10th. BidaskClub upgraded shares of Enerplus Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. ValuEngine upgraded shares of Enerplus Corporation from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Capital One Financial Corporation began coverage on shares of Enerplus Corporation in a research report on Tuesday, July 11th. They issued an “overweight” rating and a $13.00 price target for the company. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Enerplus Corporation has a consensus rating of “Buy” and a consensus target price of $13.40.
WARNING: “Enerplus Corporation (NYSE:ERF) Earns Daily Media Sentiment Rating of 0.23” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States and international copyright laws. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/07/16/enerplus-corporation-nyseerf-given-news-sentiment-score-of-0-23-updated.html.
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).
Receive News & Stock Ratings for Enerplus Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerplus Corporation and related stocks with our FREE daily email newsletter.