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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 > Enerplus Moving Corporate Headquarters to US?
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Post by schta on Nov 11, 2022 5:41pm

Enerplus Moving Corporate Headquarters to US?

Does anyone have any thoughts on ERF changing their Corporate Office to the US after they sell the remaining assets in Canada in December?

 

ERF would have many ETF's and Pension funds in the US that would automatically add them to their investment portfolio. It would create an increase of about 20% to the share price.

 

Would appreciate feedback/ideas/thoughts. Thanks

Comment by Lupuslupus on Nov 12, 2022 4:54pm
Erf changing location of corporate head office will have ZERO impact on the stock IMHO. The only thing that really matters is that they keep executing their business plan and that O&G prices remain stable. If oil can stay@$90 and Gas at $5 they will be printing money Erf disposing of Canadian assets was more of a political statement to Canadian Government basically saying that the ...more  
Comment by ratsnake220 on Nov 16, 2022 11:48pm
i sm not sure that will ad to share price?     Debt reduction and share buy backs will
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