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Enerplus Corp 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 Fritzy1on Feb 02, 2022 1:01pm
227 Views
Post# 34389660

Stock is approaching.......

Stock is approaching.......a five year high and dividend got squeezed lower in that ( very good) process. Problem with consistent success is that it's easy to expect a home run everyday......if oil/ gas continues to do well then we will see new highs sometime in near future. If you don't see that happening then the other option is to sell on a spike/ look to get back in.......I feel as long as sector is moving up????........I am willing to take my chances with that momentum up.........then there is earning surprises, acquisitions, take outs etc etc........buy and hold , that's my choice.
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