Enerplus Corporation (T:ERF*CA)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: The Dome Tower, 3000-333 7 Ave SW
Tel: N/A
Website: www.enerplus.com
IR: See website
Key People
Ian C. Dundas
President, Chief Executive Officer, Director
John Edward Hoffman
Vice President - Canadian Operations
Jodine J. Jenson Labrie
Chief Financial Officer, Senior Vice President
Edward Grunde McLaughlin
President - U.S. Operations
Raymond J. Daniels
Senior Vice President - Operations, People & Culture
Shaina Brianne Morihira
Vice President - Finance
David A. McCoy
Vice President, General Counsel, Corporate Secretary
Garth R. Doll
Vice President of Marketing
Terry S. Eichinger
Vice President - U.S. Operations & Engineering
Nathan D. Fisher
Vice President - U.S. Development & Geosciences
Business Overview
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.
Financial Overview
For the six months ended 30 June 2019, Enerplus Corp revenues increased 3% to C$608.9M. Net income increased from C$42M to C$104.2M. Revenues reflect Crude Oil - Production - Total increase of 8% to 8.2M barrels, Oil Equivalent Production (Bls/D)Canada increase of 93% to 81K barrels per day, Oil and natural gas sales, net of royalt increase of 3% to C$759.6M.
Employees: 399 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $2,786M as of Jun 30, 2019
Annual revenue (TTM): $1,309M as of Jun 30, 2019
EBITDA (TTM): $759.89M as of Jun 30, 2019
Net annual income (TTM): $440.48M as of Jun 30, 2019
Free cash flow (TTM): $111.43M as of Jun 30, 2019
Net Debt Last Fiscal Year: $420.08M as of Jun 30, 2019
Shares outstanding: 227,953,971 as of Sep 9, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization