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 (Enerplus) is an energy producer with a diversified portfolio of crude oil and natural gas assets. Enerplus' oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, Colorado and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. Enerplus' primary focus is on developing its crude oil assets in North Dakota. Enerplus's operations are concentrated in the core of the Bakken/Three Forks light oil shale play where it holds approximately 65,000 net acres on the Fort Berthold Indian Reservation. Enerplus holds an interest in approximately 36,000 net acres in the dry gas window of the Marcellus shale in northeast Pennsylvania.
Financial Overview
For the nine months ended 30 September 2019, Enerplus Corp revenues decreased 4% to C$927.8M. Net income increased 31% to C$169.4M. Revenues reflect Oil Equivalent Production (Bls/D)U.S decrease of 32% to 40K barrels per day, Oil and natural gas sales, net of royalt decrease of 3% to C$1.16B. Net income reflects Commodity derivative instruments gain/(l decrease of 61% to C$51.9M (expense).
Employees: 399 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $1,813M as of Dec 31, 2019
Annual revenue (TTM): $1,255M as of Dec 31, 2019
EBITDA (TTM): $694.34M as of Dec 31, 2019
Net annual income (TTM): $418.74M as of Dec 31, 2019
Free cash flow (TTM): $20.89M as of Dec 31, 2019
Net Debt Last Fiscal Year: $579.12M as of Dec 31, 2019
Shares outstanding: 224,745,506 as of Nov 11, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization