- ERF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $13.9 million.
- ERF has traded 156,099 shares today.
- ERF is up 3.2% today.
- ERF was down 8.4% yesterday.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in ERF with the Ticky from Trade-Ideas. See the FREE profile for ERF NOW at Trade-Ideas More details on ERF: Enerplus Corporation, together with subsidiaries, is engaged in the exploration and development of crude oil and natural gas in the United States and Canada. The stock currently has a dividend yield of 6.9%. ERF has a PE ratio of 28.3. Currently there are 6 analysts that rate Enerplus a buy, no analysts rate it a sell, and 1 rates it a hold. The average volume for Enerplus has been 826,900 shares per day over the past 30 days. Enerplus has a market cap of $2.8 billion and is part of the basic materials sector and energy industry. Shares are down 30.2% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreetRatings.com Analysis:TheStreet Quant Ratings rates Enerplus as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and unimpressive growth in net income. Highlights from the ratings report include:
- ERF's revenue growth has slightly outpaced the industry average of 1.9%. Since the same quarter one year prior, revenues slightly increased by 4.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has increased to $228.51 million or 16.92% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -6.46%.
- The current debt-to-equity ratio, 0.55, is low and is below the industry average, implying that there has been successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.39 is very weak and demonstrates a lack of ability to pay short-term obligations.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income has decreased by 24.1% when compared to the same quarter one year ago, dropping from $52.62 million to $39.96 million.
- The share price of ENERPLUS CORP has not done very well: it is down 16.63% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.
- You can view the full Enerplus Ratings Report.