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.

TSX:ERF - Post by User

Enerplus Corp > Divy increase.

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Comment by therealDonaldon Feb 10, 2022 10:57am

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Post# 34416540

RE:RE:Divy increase.

Dragging their feet on a proper dividend is making them an attractive take out candidate. Some banker, somewhere, is pitching the pro-forma as a quick way to increase the suitors oil exposure, while decreasing the resulting D/CF especially with easy realizations of selling Marcellus and Canada. We'll get a proper dividend with these assets eventually but the ticker probably won't be ERF.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?