Enerplus Corp T.ERF

Alternate Symbol(s): ERF

Energy Oil & Gas E&P

Enerplus Corporation is a Canada-based independent oil and gas exploration and production company. The Company is focused on the development of North American oil and natural gas assets. Its portfolio includes light oil assets in the Bakken, North Dakota, and a position in the Marcellus natural gas shale region in northeast Pennsylvania. The Company's operations are concentrated in the core of the Bakken/Three Forks light oil shale play where it holds approximately 235,600 net acres in North Dakota. The acreage is primarily located across the Fort Berthold Indian Reservation, as well as in Williams and Dunn Counties. It holds an interest in approximately 32,500 net acres in the dry gas window of the Marcellus shale in northeast Pennsylvania. This non-operated position is located in Susquehanna, Bradford, Wyoming, Sullivan and Lycoming counties.

TSX:ERF - Post by User

Enerplus Corp

Bullboard Posts

Comment by Richard723on Feb 05, 2019 7:27pm

31 Views

Post# 29323502

RE:Very little liquidity in Markets

Low liquidity but enerplus also seems expensive. Who wants to buy enerplus at 19x earnings when suncor is 14x earnings? A household name....I was tempted on this stock when I seen it in a top oil stocks site but it ended up being the only top oil stock list that had this as a buy that I could find....CNQ only 11x earnings was in practically every list I looked at.

Bullboard Posts

Top 3 aerospace and defence stocks to buy on the TSX