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 > 10X

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Comment by therealDonaldon Nov 07, 2021 3:35pm

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Post# 34097740

RE:RE:RE:RE:10X

I'm still parking my money here.

Lots of boes to rerate. Don't look where it came from, look where it's going.
Catalysts include the share buyback, dividend increase, sale of non core assets, North Dakota well results, more oil consolidation. DAPL issues will likely slowly vanish with the US pleading for more oily supply.
Very healthy company financially. Management is top of the pile. Have the ESG sorted out with the credit facility attached.

This deserves a premium, not the discount it's currently at. GLTA.

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