Enerplus Corp T.ERF

Get the Cheap Shares well they can...

[MyHoneyPot]

ERF is going to agressively buy back shares over the next 3 month and at the end when people will not sell them share on the cheap anymore what will they do?

FCF 660 million

That could have a 2 dollar dividend and still pay down debt, what do you think the stock would trade at if the dividend was 2 dollars. 

I like the hedges they are layering in at the 75-87 U.S range, keep it up and you can be more agressive regarding bringing on more boe's a day and you will have better economics ahead of time. 

In Q4 gas will be $1.50 U.S. higher at least and oil likely $10 dollars higher.

ERF is a real cash machine. 

IMHO

[ratsnake220]

my honey pot....i think your overly optimistic....Ng may only be flat....30 day USA Weather forecast looks above averge temps....Oil is diffenent....controlling supply is key and tom lee made a prudent statment....he said price of gas would have to almost doubte to be as hight as the high 12 years ago....inflation adjusted....ERF only needs oil at $70 to have huge cash flow.....stock has not

[MyHoneyPot]

ratsnake220 Since October the average Nymex Gas Price has been $5.50 U.S. that is the market the ERF Marcelous gas sells into.  That is about 40% more than Q3.  After Oct all the ERF gas is pretty well unhedged, except some of it that has a 6 dollar celling, 40,000 Mcf. A six dollar ceiling price is not a problem. ERF is off to the races, it esentially has already met it debt target