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Enerplus Corp (ERF.TO)

ERF.TO on Toronto Stock Exchange

13.85CAD
17 Jan 2018
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$0.24 (+1.76%)
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Latest Key Developments (Source: Significant Developments)

Enerplus Announces Fourth Quarter 2017 Production And Provides Expected Impact Of U.S. Tax Changes
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Enerplus Corp ::ENERPLUS ANNOUNCES FOURTH QUARTER 2017 PRODUCTION AND PROVIDES EXPECTED IMPACT OF U.S. TAX CHANGES.ENERPLUS CORP - PRODUCTION FOR Q4 OF 2017 WAS APPROXIMATELY 88,600 BOE PER DAY, INCREASE OF 12% FROM Q3 OF 2017.ENERPLUS CORP - PRODUCTION OUTPERFORMANCE IN Q4 WAS DRIVEN IN PART BY HIGHER THAN FORECASTED NORTH DAKOTA VOLUMES.ENERPLUS SAYS EXPECTS TO REALIZE REFUND OF ABOUT $85 MILLION BETWEEN 2018 AND 2021 RELATED TO CURRENT AMT CREDIT CARRYOVERS.ENERPLUS - SEES U.S. TAX CHANGES TO INCREASE INCOME TAX EXPENSE OF BETWEEN C$40 MILLION-C$60 MILLION, WITH DECREASE TO QUARTER-END DEC 31 DEFERRED INCOME TAX ASSET.  Full Article

Enerplus Estimates 2018 Production Of Between 86,000 TO 91,000 BOE Per Day
Thursday, 14 Dec 2017 

Dec 13 (Reuters) - Enerplus Corp ::ENERPLUS ANNOUNCES 2018 BUDGET OF $535 TO $585 MILLION.ENERPLUS CORP - PROJECTING APPROXIMATELY 10% TOTAL PRODUCTION GROWTH AND 20% LIQUIDS PRODUCTION GROWTH IN 2018.ENERPLUS CORP - ANNUAL 2018 PRODUCTION IS EXPECTED TO AVERAGE BETWEEN 86,000 TO 91,000 BOE PER DAY.ENERPLUS CORP - NORTH DAKOTA PRODUCTION TO GROW BY OVER 30% YEAR-OVER-YEAR IN 2018.ENERPLUS CORP - IN TOTAL THROUGHOUT 2017, ENERPLUS EXPECTS TO HAVE DIVESTED APPROXIMATELY 8,700 BOE PER DAY (70% NATURAL GAS) OF NON-CORE PRODUCTION.ENERPLUS CORP - CRUDE OIL PRODUCTION IS EXPECTED TO GENERATE OVER THREE QUARTERS OF COMPANY'S NET OPERATING INCOME IN 2018.ENERPLUS - 2018 CAPITAL SPENDING,DIVIDENDS TO BE FUNDED WITHIN CASH FLOW AT BETWEEN $50 - $55 PER BARREL WTI OIL & $3.00 PER MCF NYMEX NATURAL GAS.ENERPLUS CORP - CONTINUED TO PROGRESS DIVESTMENT OF MINOR NON-CORE PROPERTIES IN CANADA DURING Q4 OF 2017.ENERPLUS CORP - BY Q4-END, EXPECTS TO DIVEST ABOUT 1,400 BOE/D OF NON-CORE PRODUCTION FROM PROPERTIES IN ALBERTA.  Full Article

Enerplus reports Q3 earnings per share C$0.07
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Enerplus Corp :Enerplus announces third quarter 2017 results.Q3 earnings per share C$0.07.Q3 earnings per share view C$0.10 -- Thomson Reuters I/B/E/S.‍On track to deliver full-year 2017 and Q4 liquids production targets​.‍2017 capital spending guidance unchanged​.Enerplus - ‍Q3 2017 production averaged 79,128 BOE per day; liquids production for Q3 was 5% lower than prior quarter​.Enerplus - Due to marcellus curtailments, revised its total annual average production guidance for 2017 to 84,000 BOEpd from 84,000 to 86,000 BOEpd​.Enerplus Corp- ‍Updated full-year 2017 liquids production guidance to 40,500 barrels per day​.Enerplus-C‍urtailed abt 25 MMCF per day of marcellus nat gas production in Sept & abt 35 MMCF per day in Oct due to unfavourable prices in cash market.  Full Article

Key Group reports 5.73 pct passive stake in Enerplus Corp
Monday, 13 Feb 2017 

Enerplus Corp : Key Group Holdings (Cayman) Ltd reports a 5.73 percent passive stake in Enerplus Corp as of December 31, 2016 - SEC filing Source: (http://bit.ly/2knRUj3) Further company coverage: [ERF.TO] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Enerplus reports Q2 loss per share c$0.77 including items
Friday, 5 Aug 2016 

Enerplus Corp : Enerplus announces second quarter 2016 results including strengthened balance sheet and further cost reductions . Q2 loss per share c$0.77 including items . Production averaged 93,659 boe per day during quarter . Sees 2016 average annual production 92,000-94,000 boe/day . Sees 2016 capital spending $215 million . Revised full year 2016 guidance to reflect stronger natural gas production from marcellus, a lower expected overall royalty expense .Continues to expect its 2016 capital and dividend commitments to be fully funded through internally generated cash flow.  Full Article

Enerplus announces C$200 mln bought deal financing
Wednesday, 11 May 2016 

Enerplus Corp : Underwriters to buy on bought deal basis 29 million shares of company at a price of C$6.90 per common share . Net proceeds from offering will be used to reduce indebtedness under company's bank credit facility .Enerplus announces C$200 million bought deal financing.  Full Article

Enerplus announces strong first quarter 2016 results
Friday, 6 May 2016 

Enerplus Corp : Enerplus announces strong first quarter 2016 results . Q1 loss per share c$0.84 . Qtrly FFO per share $0.20 . Production averaged 97,860 boe per day during quarter, total production was down 8 pct from previous quarter . Expect 2016 cash costs to be approximately $1.30 per boe lower than previously forecast .2016 capital spending and production guidance remain unchanged.  Full Article

Enerplus Corp announces cash dividend for May 2016
Thursday, 21 Apr 2016 

Enerplus Corp:Says cash dividend in the amount of C$0.01 per share.Payable on May 16 to all shareholders of record date as on May 2.Ex-dividend date for this payment is April 28.  Full Article

Enerplus Corp announces sale of assets in Northwest Alberta
Tuesday, 12 Apr 2016 

Enerplus Corp:Says entered into a definitive agreement to sell certain non-core assets located in Northwest Alberta, including its Pouce Coupe asset.Says total cash consideration for the Assets is about $95.5 mln, subject to closing adjustments, and the transaction is expected to close in the second quarter of 2016.Says has used its 2016 divestment proceeds, which will total $288.5 million upon the closing of this divestment, to reduce its outstanding debt, including repurchasing a portion of its senior unsecured notes.  Full Article

Enerplus Announces Cash Dividend for March 2016
Thursday, 18 Feb 2016 

Enerplus Corporation:Says cash dividend in the amount of CDN$0.03 per share will be payable on March 15, 2016 to all shareholders of record at the close of business on February 29, 2016.The ex-dividend date for this payment is February 25, 2016.  Full Article

BRIEF-Enerplus Estimates 2018 Production Of Between 86,000 TO 91,000 BOE Per Day

* ENERPLUS CORP - PROJECTING APPROXIMATELY 10% TOTAL PRODUCTION GROWTH AND 20% LIQUIDS PRODUCTION GROWTH IN 2018