Enerplus Stock To Go Ex-dividend Tomorrow (ERF)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $23.98 as of 9:30 a.m. ET, the dividend yield is 8.9%.
The average volume for Enerplus has been 1.1 million shares per day over the past 30 days. Enerplus has a market cap of $4.22 billion and is part of the
sector and
industry. Shares are down 5.5% year to date as of the close of trading on Monday.
Enerplus Corporation operates as an independent oil and gas producer. The company has a P/E ratio of 5.8, below the average energy industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Enerplus as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
.
See our
or
.
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