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 > Merger

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Post by Petrotech15 on May 09, 2024 4:44pm

Merger

I hold a good chunk of ERF in my TFSA ~2700 shares, I am still a confused on this merger, as I have never went though one as an investor. I tried to look for some info however I am still unclear. Is it better for me to sell and invest elsewhere as I am unclear at what share price the merger will be done at. As well as going to USD from a TFSA.

Any help will be appreciated.

Thanks

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Comment by helpful1 on Jun 10, 2024 11:54am

I am here to help as per my handle or call sign.I also held ERF and was up 296% in one account. I held 600 shares in 2 acts then bought additional 600 so now I own 60 Chord Energy in each act. Plus we got the last dividend + special dividend of $0.31 + $1.84 payout. So,anytime a great company gets taken out by Chord in this case I tend to keep my shares & interest in Chord even ...more

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