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Bullboard - Stock Discussion Forum 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... see more

TSX:ERF - Post Discussion

Enerplus Corp > Analyst Recommendation
View:
Post by retiredcf on Feb 26, 2023 12:54pm

Analyst Recommendation

Second stock in the clip; he also owns it personally. GLTA

https://www.bnnbloomberg.ca/video/eric-nuttall-s-past-picks~2635307

ENERPLUS (ERF TSX)

  • Then: $17.20
  • Now: $21.40
  • Return: 24%
  • Total Return: 26%
PAST TOP PICK
Enerplus Corp(ERF-T)
24/02/2023
 
(A Top Pick Mar 04/22, Up 26%)
Pure USA Bakken & Marcellus play.
12-15 years of drilling inventory.
Trading at 2.2x times cash flow (fair value = 5x).
Expecting meaningful appreciation of shares.
Oil / Gas
 
Eric Nuttall
$21.830
Owned
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Enerplus Corp