EPS for Enerplus Corporation (ERF) Expected At $0.19 on May, 4

April 16, 2018 - By Roy Fason

Enerplus Corporation (NYSE:ERF) Corporate Logo

Enerplus Corporation (NYSE:ERF)’s earnings release is anticipated by WallStreet on May, 4, as reported by RTT. This year’s EPS analyst estimate is anticipated to be $0.19. That is 17.39 % down compareed to $0.23 EPS for last year. If reported the P/E will be 15.49 with $44.75 million profit. After $0.27 EPS was revealed last quarter, analysts now see negative EPS growth of -29.63 % for Enerplus Corporation. The stock decreased 0.59% or $0.07 during the last trading session, reaching $11.77.Currently Enerplus Corporation is uptrending after 46.73% change in last April 16, 2017. ERF has also 439,620 shares volume. ERF outperformed by 35.18% the S&P500.

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of natural gas and crude oil in the United States and Canada.The firm is worth $2.77 billion. The company's oil and natural gas properties are located primarily in North Dakota, Montana, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan.15.69 is the P/E ratio. As of December 31, 2016, it had proved plus probable gross reserves of approximately 14.3 million barrels of light and medium crude oil; 39.0 MMbbls of heavy crude oil; 123.0 MMbbls of tight oil; 18.1 MMbbls of natural gas liquids; 126.3 billion cubic feet (Bcf) of conventional natural gas; and 1,002.8 Bcf of shale gas.

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