Bullboard - Stock Discussion Forum Enerplus Corp 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... see more

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Enerplus Corp > Fourth Quarter and Full Year 2021 Financial Results

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Post by Betteryear2 on Feb 24, 2022 5:20pm

Fourth Quarter and Full Year 2021 Financial Results

Reporting currency changed to U.S. dollars; production volumes changed to a "net" (after deduction of royalty) basis as announced on February 2, 2022.

CALGARY, AB, Feb. 24, 2022 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today reported fourth quarter 2021 cash flow from operating activities and adjusted funds flow(1) of $283.5 million and $258.5 million, respectively, compared to $70.9 million and $68.6 million, respectively, in the fourth quarter of 2020. Full year 2021 cash flow from operating activities and adjusted funds flow(1) was $604.8 million and $712.4 million, respectively, compared to $335.9 million and $265.5 million, respectively, in 2020.