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Enerplus Corp (USA) (NYSE:ERF) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.

Boasting a price of $7.99, Enerplus Corp (USA) (NYSE:ERF) traded 1.01% higher on the day. With the last stock price close down 9.07% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Enerplus Corp (USA) has recorded a 50-day average of $8.58 and a two hundred day average of $8.29. Volume of trade was down over the average, with 613,996 shares of ERF changing hands under the typical 1,125,690

Zacks Investment Research has downgraded Enerplus Corp (USA) (NYSE:ERF) to Hold in a statement released on Wednesday July 05, 2017.

Performance Chart

Enerplus Corp (USA) (NYSE:ERF)

With a total market value of $0, Enerplus Corp (USA) has price-earnings ratio of 2.98 with a one year low of $5.61 and a one year high of $10.33 .

A total of 4 firms have reported on the stock. 0 firms rating the stock a strong buy, four analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $7.11.

Brief Synopsis On Enerplus Corp (USA) (NYSE:ERF)

Enerplus Corporation is an oil and natural gas company. The Company's oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. The Company's oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels (MMbbls) of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE). The Company's primary crude oil properties in the United States are located in the Fort Berthold region of North Dakota and in Richland County, Montana.

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