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Enerplus Corp ERF


Primary Symbol: T.ERF

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

Post by DaveInvestor59on Aug 09, 2021 11:01am
135 Views
Post# 33671631

Delta variant

Delta variantIf things don't start getting better pretty damn soon in the US and China energy stocks are going to continue to decline, and no analyst's forecast is going to mean anything. These analyst stock prices are just best case scenario, and dont take into account more lockdowns and virus infections. Enerplus is one of rhe worst performing energy stocks when WTI declines. I can't decide whether to ride this out or get out of energy stocks until virus infections get better.
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