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.

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Enerplus Corp

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Post by retiredcfon Dec 14, 2022 7:25am

385 Views

Post# 35170236

RBC Raises Target

RBC Dominion Securities analyst Greg Pardy made a series of target price adjustments to large-cap energy stocks in his coverage universe on Wednesday.

His changes were:

Canadian Natural Resources Ltd. (CNQ-T, “outperform”) to $89 from $88. Average: $92.95.
Cenovus Energy Inc. (CVE-T, “outperform”) to $33 from $32. Average: $33.50.
Enerplus Corp. (ERF-N/ERF-T, “outperform”) to US$21 from US$20. Average: US$21.
Imperial Oil Ltd. (IMO-T, “outperform”) to $82 from $81. Average: $79.56.
Ovintiv Inc. (OVV-N/OVV-T) to US$60 from US$58. Average: US$68.64.
Suncor Energy Inc. (SU-T, “outperform”) to $55 from $54. Average: $54.10.
Vermilion Energy Inc. (VET-T, “sector perform”) to $32 from $31. Average: $39.43