Enerplus Corp Declares Nov 18 Dividend of $0.01 (TSE:ERF)

Share on StockTwits

Enerplus Corp (TSE:ERF) (NYSE:ERF) declared a nov 18 dividend on Friday, October 19th, RTT News reports. Investors of record on Tuesday, October 30th will be paid a dividend of 0.01 per share by the oil and natural gas company on Thursday, November 15th. This represents a dividend yield of 0.97%. The ex-dividend date is Monday, October 29th.

ERF stock traded up C$0.42 during midday trading on Friday, hitting C$12.88. The stock had a trading volume of 2,429,700 shares, compared to its average volume of 1,091,919. Enerplus has a 52-week low of C$10.62 and a 52-week high of C$18.04. The company has a quick ratio of 1.14, a current ratio of 1.26 and a debt-to-equity ratio of 39.34.

Enerplus (TSE:ERF) (NYSE:ERF) last released its earnings results on Friday, August 10th. The oil and natural gas company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.32 by C($0.27). The firm had revenue of C$236.43 million during the quarter, compared to analysts’ expectations of C$314.01 million. Analysts forecast that Enerplus will post 1.87999987929375 EPS for the current fiscal year.

In other Enerplus news, insider Edward Mclaughlin bought 4,000 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The stock was purchased at an average price of C$11.72 per share, for a total transaction of C$46,880.00. Also, Director Glen Dawson Roane sold 10,000 shares of the stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of C$16.51, for a total value of C$165,100.00. Insiders bought 11,500 shares of company stock worth $136,810 in the last ninety days.

A number of research firms have recently commented on ERF. Raymond James increased their target price on Enerplus from C$23.50 to C$24.50 and gave the stock an “outperform” rating in a research note on Monday, August 13th. TD Securities increased their price objective on Enerplus from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Monday, August 13th. BMO Capital Markets increased their price objective on Enerplus from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Monday, August 13th. National Bank Financial dropped their price objective on Enerplus from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Monday, August 13th. Finally, CIBC lowered their target price on Enerplus to C$22.00 in a report on Friday, July 20th. Six analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of C$20.54.

ILLEGAL ACTIVITY NOTICE: “Enerplus Corp Declares Nov 18 Dividend of $0.01 (TSE:ERF)” was posted by BBNS and is owned by of BBNS. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://baseballnewssource.com/2018/11/10/enerplus-corp-declares-nov-18-dividend-of-0-01-erf/2847244.html.

About Enerplus

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Its crude oil properties are located in the Fort Berthold region of North Dakota and the Elm Coulee field in Richland County, Montana; and crude oil Waterfloods in Alberta and Saskatchewan, Canada.

Recommended Story: Understanding Price to Earnings Ratio (PE)

Dividend History for Enerplus (TSE:ERF)

Receive News & Ratings for Enerplus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enerplus and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.