Enerplus (ERF.TO) Stock Price
Enerplus Price
Revenue has compounded at 3.3% per year over the past 19 years to 1.66 B USD. Earnings per share have declined at 1.7% per year over the last 19 years. Enerplus's net margin stands at 27.4%, up from -20.7% several years earlier. Enerplus currently offers a dividend yield of about 1.42%. The payout ratio is around 13% of earnings. Analysts set a median price target of 19.37 USD, implying 1.4% below the current price. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus.
Enerplus stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Enerplus over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Enerplus stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Enerplus's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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Enerplus Revenue, EBIT, Net Income
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Enerplus Income Statement, Balance Sheet, Cash Flow Statement
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| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.31 | 1.53 | 0.88 | 0.72 | 0.92 | 1.29 | 1.25 | 0.74 | 1.48 | 2.35 | 1.66 | 1.68 | 1.61 | 1.86 | 1.92 | 1.97 |
| 19.53 | 16.49 | -42.07 | -18.33 | 27.42 | 40.43 | -2.94 | -41.23 | 101.09 | 58.77 | -29.32 | 0.72 | -3.94 | 15.41 | 3.55 | 2.65 |
| 70.76 | 70.51 | 48.53 | 50.83 | 66.52 | 72.06 | 65.31 | 46.27 | 71.59 | 77.90 | 67.77 | 67.77 | 67.77 | 67.77 | 67.77 | 67.77 |
| 0.93 | 1.08 | 0.43 | 0.37 | 0.61 | 0.93 | 0.82 | 0.34 | 1.06 | 1.83 | 1.13 | 1.14 | 1.09 | 1.26 | 1.30 | 1.34 |
| 0.15 | 0.32 | -0.24 | -0.08 | 0.23 | 0.47 | 0.31 | -0.07 | 0.63 | 1.29 | 0.55 | 0.63 | 0.48 | 0.55 | 0.57 | 0.58 |
| 11.76 | 21.17 | -27.04 | -11.36 | 25.43 | 36.30 | 24.96 | -8.82 | 42.78 | 54.74 | 33.25 | 37.49 | 29.52 | 29.51 | 29.49 | 29.48 |
| 0.05 | 0.30 | -1.52 | 0.40 | 0.24 | 0.38 | -0.26 | -0.92 | 0.23 | 0.91 | 0.46 | 0.59 | 0.41 | 0.78 | – | – |
| -130.97 | 522.92 | -609.36 | -126.07 | -40.30 | 59.49 | -168.52 | 256.37 | -125.35 | 290.60 | -50.11 | 28.95 | -30.44 | 90.71 | – | – |
| – | – | – | – | – | – | – | – | – | 0.20 | 0.28 | 0.48 | 0.48 | 0.48 | – | – |
| – | – | – | – | – | – | – | – | – | – | 40.00 | 71.43 | – | – | – | – |
| 201.40 | 207.40 | 206.20 | 231.30 | 247.90 | 247.30 | 231.30 | 222.50 | 251.91 | 242.67 | 217.90 | 217.90 | 217.90 | 217.90 | 217.90 | 217.90 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Enerplus generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Enerplus retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Enerplus's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Enerplus has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Enerplus's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Enerplus stock margins
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Enerplus Stock Revenue, EBIT, Earnings per Share
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Enerplus business model & stock analysis
Enerplus SWOT Analysis
Strengths
Enerplus Corp possesses a strong financial position, allowing the company to make strategic investments and acquisitions in the energy industry. This provides stability and supports their long-term growth prospects.
Enerplus Corp has a diverse portfolio of energy assets, including oil, natural gas, and renewable energy sources. This diversification helps the company mitigate risks associated with fluctuating commodity prices and allows them to benefit from multiple revenue streams.
Enerplus Corp demonstrates efficiency in its operations, utilizing advanced technologies and efficient processes to optimize resource extraction and reduce costs. This enables the company to maintain profitability even during challenging market conditions.
Weaknesses
Enerplus Corp's financial performance is highly dependent on the prices of commodities such as oil and natural gas. Fluctuations in commodity prices can impact the company's revenue and profitability, making it vulnerable to market volatility.
Enerplus Corp operates in the energy sector, which is associated with environmental concerns related to carbon emissions and climate change. The company needs to invest in sustainable practices and renewable energy alternatives to address these environmental challenges.
Opportunities
Enerplus Corp can capitalize on the growing demand for renewable energy by diversifying its operations and investing in renewable energy projects. This presents an opportunity to reduce its carbon footprint and tap into a rapidly growing market segment.
The energy industry is constantly evolving, with technological advancements driving efficiency and sustainability. Enerplus Corp can embrace emerging technologies such as artificial intelligence and data analytics to improve operational effectiveness and gain a competitive edge.
Threats
Enerplus Corp operates in a highly regulated industry, and changes in government policies and regulations can have significant impacts on the company's operations and profitability. Adapting to evolving regulations and managing compliance is crucial to mitigate potential threats.
The energy sector is characterized by intense competition from both traditional and renewable energy companies. Enerplus Corp must continuously innovate, differentiate its offerings, and maintain cost competitiveness to secure market share and sustain growth.
Enerplus Corp's operations may be exposed to geopolitical risks such as political instability, trade disputes, and conflicts in regions where it operates. These risks can disrupt operations and affect the company's ability to access resources and markets.
Enerplus Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Enerplus historical P/E ratio, EBIT multiple, and P/S ratio
Enerplus annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Enerplus shares outstanding
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Enerplus stock splits
Enerplus Dividend History
34 years of dividend payments · 4 consecutive increases
Enerplus dividend history and estimates
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Enerplus dividend payout ratio
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Current Enerplus forecasts and price targets in August 2026
Analyst Price Targets 2026Enerplus Analyst Rating Actions
| Date | Firm | Action | Rating | Reliability |
|---|---|---|---|---|
| 4/29/2024 | Downgrade | OutperformSector Perform | 52 | |
| 2/22/2024 | Downgrade | BuyTender | – | |
| 11/6/2023 | Maintained | Outperform | 52 | |
| 9/29/2023 | Maintained | Outperform | 52 | |
| 9/28/2023 | Maintained | Outperform | 52 | |
| 8/10/2023 | Maintained | Outperform | – | |
| 8/9/2023 | Maintained | Outperform | – | |
| 6/20/2023 | Maintained | Outperform | 52 | |
| 6/19/2023 | Maintained | Outperform | 52 | |
| 11/7/2022 | Maintained | Outperform | 52 |
Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.
Enerplus Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 5/2/2024 | 0.69USD | - | -USD | - | 2024 Q1 |
| 2/21/2024 | 0.67USD | - | -USD | - | 2023 Q4 |
| 8/2/2023 | 1.05USD | - | -USD | - | 2023 Q2 |
| 5/3/2023 | 1.04USD | - | -USD | - | 2023 Q1 |
| 2/22/2023 | 1.10USD | - | -USD | - | 2022 Q4 |
| 11/3/2022 | 0.98USD | - | -USD | - | 2022 Q3 |
| 8/4/2022 | 0.83USD | - | -USD | - | 2022 Q2 |
| 5/5/2022 | 0.67USD | - | -USD | - | 2022 Q1 |
| 2/24/2022 | 0.61USD | - | -USD | - | 2021 Q4 |
| 11/4/2021 | 0.48USD | - | -USD | - | 2021 Q3 |
EESG©
Eulerpool ESG Scorecard© for the Enerplus stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Enerplus shareholder structure
| % | Name |
|---|---|
3.88968% | |
3.57909% | |
3.53915% | |
3.33918% | |
3.16284% | |
3.14022% |
Enerplus Beneficial Ownership Filings (SEC 13D/G)
Enerplus Executives and Management Board
16 members · avg. age 62 · 38 % women
Mr. Ian Dundas (55)
President, Chief Executive Officer, Director · since 2003
4.42 M USD
Management
Mr. Wade Hutchings
Chief Operating Officer, Senior Vice President
Ms. Jodine J. Labrie
Chief Financial Officer, Senior Vice President
Mr. Nathan Fisher
Vice President - United States Business Unit
Mr. David Mccoy
Vice President, General Counsel, Corporate Secretary
Ms. Shaina Morihira
Vice President - Finance
Mr. Garth Doll
Vice President - Marketing
Board of Directors
Ms. Hilary Foulkes (65)
Independent Chairman of the Board
Mr. Jeffrey Sheets (65)
Independent Director
Mr. Sheldon Steeves (68)
Independent Director
Ms. Judith Buie (53)
Independent Director
Ms. Karen Clarke-Whistler (67)
Independent Director
Mr. Mark Houser (61)
Independent Director
Enerplus Supply Chain
Enerplus Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.87 | 0.88 | 0.95 | ||
| 2 | 0.88 | 0.86 | 0.95 | ||
| 3 | 0.86 | 0.38 | 0.82 | ||
| 4 | 0.86 | 0.44 | 0.77 | ||
| 5 | 0.85 | 0.39 | 0.77 |
Frequently asked questions about Enerplus
The business model of Enerplus Corp is focused on the exploration, development, and production of oil and gas resources. As an energy company, Enerplus Corp operates by acquiring and developing high-quality assets in oil-rich regions. By employing advanced technologies and strategic partnerships, the company maximizes its operational efficiencies and optimizes production. Enerplus Corp aims to ensure long-term profitability by actively managing its portfolio and pursuing opportunities in both conventional and unconventional oil and gas resources. With a strong emphasis on sustainability and responsible resource development, Enerplus Corp strives to create value for its shareholders while minimizing environmental impact.
Enerplus Corp is primarily active in the energy industry, specifically in the exploration, development, and production of oil and natural gas. The company has a diverse portfolio of assets, including resource plays in North America, focusing on crude oil, natural gas liquids, and natural gas. Enerplus Corp operates in various regions, including the United States and Canada, where it owns and operates numerous oil and gas wells. With its extensive experience and expertise, Enerplus Corp continues to capitalize on opportunities and thrive in the dynamic energy sector.
The main competitors of Enerplus Corp in the market include companies such as Crescent Point Energy Corp, Tourmaline Oil Corp, and Whitecap Resources Inc. These companies operate in the same industry and compete with Enerplus Corp in terms of oil and gas exploration, production, and investment opportunities. Enerplus Corp faces competition from these industry peers in terms of market share, pricing, expansion strategies, and technological advancements. Stay updated with Enerplus Corp's competitor landscape to gain valuable insights into the competitive dynamics of the oil and gas sector.
Enerplus Corp is an established energy company with a rich history dating back to its foundation in 1986. Based in Canada, Enerplus has evolved into a leading exploration and production company operating in North America. The company focuses on the development of oil and gas assets, encompassing a diverse portfolio of resource plays. Throughout its history, Enerplus has demonstrated a commitment to innovation and sustainable practices in the energy industry. With a strong track record of delivering value to its shareholders, Enerplus continues to thrive in the dynamic energy market.
Enerplus Corp, a prominent energy company, has achieved several significant milestones throughout its history. Firstly, the company has consistently demonstrated strong financial performance, with a solid track record of profitability and effective cost management. Secondly, Enerplus has successfully diversified its portfolio, expanding into high-potential resource plays and securing strategic assets. Furthermore, Enerplus has implemented innovative technologies and operational efficiencies, boosting production levels and enhancing overall recovery rates. Additionally, the company has effectively managed its environmental footprint through responsible resource development practices. Enerplus Corp remains committed to delivering long-term value for its shareholders and stakeholders alike.
Enerplus Corp, a leading energy producer, is primarily present in Canada and the United States. With an established presence in these countries, Enerplus focuses its operations in key regions rich in oil and gas resources. In Canada, the company has a strong footprint in prolific regions such as Alberta, Saskatchewan, and British Columbia, where it maximizes the extraction of crude oil and natural gas. In the United States, Enerplus has strategically positioned its assets within resource-rich areas including North Dakota's Bakken shale play and the Marcellus shale in Pennsylvania. Enerplus Corp's primary presence in Canada and the United States enables it to leverage the vast potential and opportunities provided by these regions.
Enerplus Corp represents a set of core values and a corporate philosophy that drives its operations and decisions. The company is committed to excellence, integrity, and innovation in the energy sector. Enerplus aims to create long-term value for its shareholders while focusing on sustainable and responsible resource development. With a dedication to operational excellence and a focus on environmental stewardship, Enerplus strives to deliver safe, reliable, and efficient energy solutions. By prioritizing strong community relationships and open communication, Enerplus aims to foster trust and collaboration. As a result, Enerplus Corp stands as a respected and trusted player in the energy industry.
Analysts currently set an average price target of 18.76 USD for the Enerplus stock (median: 19.37 USD), implying -4.5 % versus the latest price. The consensus is based on 9 analyst ratings.
8 analysts currently rate the Enerplus stock: 5 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Enerplus to generate revenue of 1.86 B USD and earnings per share of 3.58 USD.
Converted at the current exchange rate, the Enerplus share trades at 17.03 EUR (19.65 USD).
The Enerplus share (ERF.TO) is listed on 4 stock exchanges, including: NYSE (ERF), Frankfurt (E17.F), Düsseldorf (E17.DU), Toronto (ERF.TO).
Enerplus Corp is a leading North American energy company that focuses on the exploration, production, and development of natural resources in the US and Canada. The company's headquarters are located in Calgary, Canada, and it has been a prominent player in the energy industry since its establishment in 1986. Enerplus' business model is based on its core competencies, which include the exploration and production of renewable energy resources such as natural gas, petroleum, and renewable energies like wind and solar energy. The company encompasses a wide range of business units that cover a comprehensive product range. One of Enerplus' main areas of focus is the exploration and production of natural gas. This is a vital component of Enerplus' business model, as the company has a strong presence in Canada and the US, where some of the richest natural gas reserves are located. The company has strategic partnerships with major energy companies to maximize its potential in this important market. The company is also involved in petroleum production. Enerplus has extensive expertise in the development of petroleum projects, including conventional oil projects and deep-sea exploration projects. The company also owns and operates oil sands assets in Canada, which are currently increasing production performance. By developing these assets, Enerplus strengthens its position in this market. Another significant business area is the production of renewable energy. Enerplus has extensive experience in the development and operation of wind, biomass, solar, and geothermal projects. The company relies on renewable energy sources to reduce its carbon emissions and enhance energy security. Enerplus is committed to increasing its investments in the growth of its renewable portfolio. Enerplus not only focuses on energy production but also places emphasis on energy efficiency and environmental protection. In its efforts to reduce energy consumption and CO2 emissions, the company systematically implements measures for emission reduction and energy savings. As the first and only North American energy company, Enerplus has set a goal to become carbon neutral by 2050 and maintain a significant portion of clean energy in its portfolio. Enerplus has established itself as a company with a diversified business model that is aligned with various sectors. This provides the company with high flexibility and resilience to fluctuations in energy prices, as well as supply and demand variations. Enerplus invests in sustainability and efficiency in energy production and aims to increase its focus on renewable energies. With its growing portfolio of renewable energies, Enerplus operates in crucial growth markets and can strengthen its leading position in the energy industry.
The expected revenue of Enerplus is 1.86 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Enerplus is 780.92 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Enerplus is currently 5.48. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Enerplus stock.
The price-to-sales ratio (P/S) of Enerplus is currently 2.31. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Enerplus stock.
The Eulerpool Quality Score for Enerplus is 5/10.
The ISIN of Enerplus is CA2927661025. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Enerplus is A1H499. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Enerplus is ERF.TO. The ticker symbol is used to trade Enerplus shares on the stock exchange.
Over the past 12 months, Enerplus paid a dividend of 0.28 USD . This corresponds to a dividend yield of about 1.42 %. For the coming 12 months, Enerplus is expected to pay a dividend of 0.48 USD.
The current dividend yield of Enerplus is 1.42 %.
Enerplus pays a dividend, distributed in the months of , , , .
Enerplus paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0.48 USD are expected. This corresponds to a dividend yield of 2.46 %.
Enerplus is assigned to the 'Energy' sector.
To receive the latest dividend of Enerplus from amounting to 0.23 USD, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, Enerplus distributed 0.36 USD as dividends.
The dividends of Enerplus are distributed in USD.
Enerplus stock
Enerplus Peer Group
Enerplus Ticker
Enerplus FIGI
All fundamentals and in-depth analysis of Enerplus
Our stock analysis for Enerplus stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Enerplus. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.