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

Post by Analysis98on Dec 20, 2014 4:41pm

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Post# 23252973

My research notes

Sharing my research notes created from TD Action Notes for the companies I follow.

Name	Friday Close	New Target	Old Target	52 Week High	Revised NAV-MG*	Old NAV-MG*	Status	Divi Concerns
Cenovus	23.98	21.00	29.00	34.79	23.22	33.70	Hold
Cdn Oil Sands	11.37	11.00	17.00	24.68	16.63	15.44	Hold
Meg	18.90	25.00	39.00	41.29	24.09	35.33	Buy
Baytex	20.89	22.00	31.00	49.88	23.73	24.93	Hold
Bonavista	7.87	10.50	16.50	17.85	14.93	17.66	Buy
Crescent Point	28.61	33.00	47.00	48.68	31.20	38.89	Buy
Enerplus	11.61	15.00	24.00	27.05	14.48	20.26	Buy	possible cut in 2015
Lightstream	1.25	0.70	4.50	9.09	8.24	10.76	Reduce
Northern Blizzard	8.63	10.00	19.00	19.00	13.10	17.58	Buy
Pengrowth	3.97	4.50	8.00	7.78	4.64	9.75	Buy
Painted Pony	10.04	15.00	16.00	14.75	17.60	19.72	Buy
Raging River	7.14	10.00	11.00	11.25	7.77	11.45	Buy
Surge	4.05	4.50	7.50	8.82	6.25	8.10	Hold	possible cut in 2015
Spartan	2.89	4.00	5.50	4.44	3.26	4.71	Buy
Torc Oil	8.27	13.00	17.50	16.33	10.36	15.22	Buy
Twin Butte	0.87	0.90	1.75	2.50	1.79	2.76	Hold	another cut in 2015
Vermillion	58.78	62.00	75.00	78.24	47.62	54.84	Buy
Whitecap	12.06	14.50	22.00	18.70	9.55	11.26	Buy

TD Assumptions Based on Forecast WTI Oil Prices Below:
	WTI	Brent
2015	65.00	70.00
2016	70.00	75.00
2017	75.00	80.00

* Note: MG = Modified Growth