Enerplus Corp ERF

Primary Symbol: T.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 gvixidon Apr 18, 2012 2:59pm

398 Views

Post# 19808935

RE: Is a div cut

I would imagine (and hope) that the market is hammering the SP to price in a div cut. Obviously the market wants one, but I'm not sure if it will happen. Based on the company production update from Feb, they state that they will try to sustain the div through a variety of methods, including increased access to credit.

What a terrible investment this has been...

Bullboard Posts

Gold vs. bitcoin, where should you invest?