|Bid||5.48 x 1400|
|Ask||5.49 x 900|
|Day's Range||5.45 - 5.60|
|52 Week Range||1.66 - 5.82|
|Beta (5Y Monthly)||3.57|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.10 (1.75%)|
|Ex-Dividend Date||Mar 30, 2021|
|1y Target Est||N/A|
Enerplus (ERF) announces that the to-be acquired core acreage has a strong inventory of premium drilling locations, brightening the production outlook.
Canada's oil and gas sector had a record start to 2021 in terms of mergers and acquisitions as the energy sector benefits from a rebound in oil prices from the pandemic-led crash last year, and as smaller companies bet on economies of scale. Enerplus said it will buy 78,700 net acres in North Dakota, adjacent to its current core Bakken acreage, with about 6,000 barrels of oil equivalent per day (boepd) of working interest production from Hess.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you pick the right...