Enerplus Corp 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

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Post by DaveInvestor59on Aug 11, 2021 10:59am

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Enerplus lagging other names

Most of my energy stocks have gone back to zero or are in the green from their initial drop this morning. Enerplus is still down over 2%. Does anyone know why this stock lags the market so much in trading lately? It's not moving like most of the big name energy stocks anymore, and seems to have lower highs and higher lows than what it used to have in normal trading. It seems to be out of favor now with energy investors, but I have no idea why. It had a great quarterly report recently.

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