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Bullboard - Stock Discussion Forum 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... see more

TSX:ERF - Post Discussion

Enerplus Corp > +50% in 8 days and still the overallotment option open
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Post by exprohibition18 on Feb 10, 2021 2:26pm

+50% in 8 days and still the overallotment option open

Dealers will obviously exercise 
Too far too fast ?

Crude oil is up a couple of dollars not 10 dollars 
Nat gas is pretty much unchanged 

Curve is highly backwardated
Comment by therealDonald on Feb 10, 2021 2:40pm
From what I understand the bought deal was fully subscribed/over allotted and closed last week,  if you think this stock has run too far too quick, look at pou for an example of how it could go in the next little while.The asks above are thin and this is just getting started.  
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