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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 retiredcfon Apr 24, 2023 8:53am
137 Views
Post# 35410052

Sector Insider Buying

Sector Insider BuyingInk Research

As things stand right now, we see no hesitation. Our Energy Sentiment Indicator has soared over the past week to 300% meaning there are three times as many stocks in the sector with key insider buying as there are with key insider selling. While some of the buying is being led by the long-suffering uranium stock group, exploration and production stocks are also well represented among the buyers, and we expect them to dominate our April Energy Top 30 Report to be published this week on inkresearch.com. Whatever threat EVs may be posing to the oil patch, Canadian insiders are shaking them off.
 
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