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

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Post by retiredcfon Mar 20, 2023 2:14pm

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Post# 35349429

Oversold

Once again. GLTA

The S&P/TSX Composite Index fell 1.8 per cent for the trading week ending with Friday’s close to stand 0.7 per cent higher year to date. The benchmark’s Relative Strength Index (RSI) of 30.9 leaves it right at the border of oversold territory, close to the 30 buy signal.

There are an enormous number of index stocks, 45, trading in attractive technical territory below the 30 buy signal. TD Bank is most oversold stock in the index, followed by First Capital REIT, Pason Systems Inc., Allied Properties REIT, Precision Drilling Corp, Artis REIT, Riocan REIT, Enerplus Corp. and Bank of Montreal.

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