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.

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Enerplus Corp > Does anyone believes in target prices?

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Comment by MyHoneyPoton Sep 11, 2021 9:19pm

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Post# 33845678

RE:Does anyone believes in target prices?

I think Nov reporting, you will see a big gain with a lot of new wells finally starting to show up, and it is up up and away from there.

ERF is really really cheap, and none of their gas is hedge, 40,000 boe day of gas at 5 dollars U.S. a mmch, that is about 30 US a boe of gas or, 38 dollars a boe for Gas.

They are dripping in Cash right now, and the market is about 2 months behing them in my opinion, really really cheap.

IMHO

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