ERF:CA:TSX-Enerplus Corporation (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 6.43

Change

+0.26 (+4.21)%

Market Cap

CAD 1.37B

Volume

2.15M

Average Target Price

CAD 7.02 (+9.11%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. The company's oil and natural gas properties are located primarily in North Dakota, Montana, Colorado, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. As of December 31, 2019, it had proved plus probable gross reserves of approximately 9.0 million barrels (MMbbls) of light and medium crude oil; 22.3 MMbbls of heavy crude oil; 170.1 MMbbls of tight oil; 23.5 MMbbls of natural gas liquids; 23.2 billion cubic feet (Bcf) of conventional natural gas; and 1,173.9 Bcf of shale gas. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-04 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
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TOU:CA Tourmaline Oil Corp

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PSK:CA PrairieSky Royalty Ltd

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PXT:CA Parex Resources Inc

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ARX:CA ARC Resources Ltd

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CPG:CA Crescent Point Energy Corp

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CAD2.60B N/A 4.12

ETFs Containing ERF:CA

Symbol Name Weight Mer Price(Change) Market Cap

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 61.56% 57% F 96% A
Dividend Return 0.50% 25% F 40% F
Total Return 62.06% 52% F 96% A
Trailing 12 Months  
Capital Gain 18.42% 42% F 64% D
Dividend Return 2.21% 31% F 47% F
Total Return 20.63% 36% F 64% D
Trailing 5 Years  
Capital Gain 27.83% 87% B+ 55% F
Dividend Return 10.74% 21% F 33% F
Total Return 38.57% 91% A- 55% F
Average Annual (5 Year Horizon)  
Capital Gain -7.33% 72% C- 16% F
Dividend Return 1.03% 10% F 29% F
Total Return -6.30% 72% C- 15% F
Risk Return Profile  
Volatility (Standard Deviation) 47.98% 20% F 14% F
Risk Adjusted Return -13.13% 76% C 26% F
Market Capitalization 1.37B 79% C+ 77% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 3.80 67% D+ 90% A-
Price/Book Ratio 2.56 11% F 37% F
Price / Cash Flow Ratio 3.08 53% F 70% C-
EV/EBITDA 4.34 67% D+ 86% B
Management Effectiveness  
Return on Equity -92.00% 19% F 7% F
Return on Invested Capital 12.97% 91% A- 87% B+
Return on Assets 1.53% 89% B+ 53% F
Debt to Equity Ratio 72.17% 27% F 39% F
Technical Ratios  
Short Ratio 1.18 65% D 46% F
Short Percent 1.18% 80% B- 89% B+
Beta 3.51 14% F 1% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector