Enerplus Corporation trades with the ticker ERF on the TSX and is in the Oil & Gas E&P industry.
Overview
Enerplus Corporation, together with subsidiaries, explores and develops crude oil and natural gas in the United States. Its oil and natural gas properties are located primarily in North Dakota, Colorado, and Pennsylvania. The company was founded in 1986 and is headquartered in Calgary, Canada.
Looking to invest in Enerplus Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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ERF.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $4894.501MM
PE Ratio: 8.569
Price: 17.85 (Updated: 3/12/2024 0:47:16)
Enerplus Corporation (ERF) vs Competitors in Oil & Gas E&P
Lets see how ERF.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Enerplus Corporation (ERF) vs Advantage Oil & Gas Ltd (AAV)
- ERF has higher EPS (2.81 vs 0.59). ERF provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 8.569) indicating it’s more expensive.
- Enerplus Corporation (ERF) vs Africa Oil Corp (AOI)
- ERF has higher EPS (2.81 vs 0.24). AOI has higher dividend yield (3.2% vs 1.5%). AOI has a higher P/E ratio (8.708 vs 8.569) indicating it’s more expensive.
- Enerplus Corporation (ERF) vs ARC Resources Ltd (ARX)
- ERF has higher EPS (2.81 vs 2.61). ARX has higher dividend yield (2.9% vs 1.5%). ARX has a higher P/E ratio (8.981 vs 8.569) indicating it’s more expensive.
- Enerplus Corporation (ERF) vs Athabasca Oil Corporation (ATH)
- ERF has higher EPS (2.81 vs -0.09). ERF provides dividends, while ATH does not. ATH has a P/E under 0, indicating ERF (P/E 8.569) is in a better position.
- Enerplus Corporation (ERF) vs Birchcliff Energy Ltd (BIR)
- ERF has higher EPS (2.81 vs 0.32). BIR has higher dividend yield (7.2% vs 1.5%). BIR has a higher P/E ratio (17.25 vs 8.569) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (8.57) than the industry average (8.87), indicating potential undervaluation. Features a lower EV/EBITDA ratio (5.28) than the industry average (7.57), indicating attractive valuation.
How to Buy ERF stock on the TSX
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