+Compare
ERF
Stock ticker:
NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
3.12B

ERF Enerplus Corp Forecast, Technical & Fundamental Analysis

a company which explores for oil and natural gas

GET INTRADAY SIGNALS
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for ERF with price predictions
08:00 PM EDT Jun 01, 2023

ERF sees its Stochastic Oscillator ascending out of oversold territory

On June 02, 2023, the Stochastic Oscillator for ERF moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 60 instances where the indicator left the oversold zone. In of the 60 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 02, 2023. You may want to consider a long position or call options on ERF as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ERF just turned positive on June 02, 2023. Looking at past instances where ERF's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

ERF moved above its 50-day moving average on June 02, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ERF advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ERF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ERF entered a downward trend on May 12, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.772) is normal, around the industry mean (6.080). P/E Ratio (3.463) is within average values for comparable stocks, (15.812). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (55.836). Dividend Yield (0.014) settles around the average of (0.092) among similar stocks. P/S Ratio (1.475) is also within normal values, averaging (154.708).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ERF’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ERF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), EOG Resources (NYSE:EOG), Canadian Natural Resources Limited (NYSE:CNQ), Occidental Petroleum Corp (NYSE:OXY), Pioneer Natural Resource Co (NYSE:PXD), Hess Corp (NYSE:HES), Devon Energy Corp (NYSE:DVN), Diamondback Energy (NASDAQ:FANG), Marathon Oil Corp (NYSE:MRO), EQT Corp (NYSE:EQT).

Industry description

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

Market Cap

The average market capitalization across the Oil & Gas Production Industry is 3.3B. The market cap for tickers in the group ranges from 3.28K to 123.85B. COP holds the highest valuation in this group at 123.85B. The lowest valued company is PSTRQ at 3.28K.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Production Industry was 1%. For the same Industry, the average monthly price growth was 1%, and the average quarterly price growth was -8%. EWPMF experienced the highest price growth at 56%, while AXAS experienced the biggest fall at -59%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Production Industry was 24%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was -88%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 76
Price Growth Rating: 52
SMR Rating: 60
Profit Risk Rating: 79
Seasonality Score: -18 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

ERF is expected to report earnings to fall 13.84% to 53 cents per share on August 11

Enerplus Corp ERF Stock Earnings Reports
Q2'23
Est.
$0.53
Q1'23
Missed
by $0.02
Q4'22
Beat
by $0.64
Q3'22
Beat
by $0.33
Q2'22
Beat
by $0.25
The last earnings report on May 04 showed earnings per share of 62 cents, missing the estimate of 64 cents. With 1.57M shares outstanding, the current market capitalization sits at 3.12B.
A.I.Advisor
published Dividends

ERF paid dividends on December 15, 2021

Enerplus Corp ERF Stock Dividends
А quarterly dividend of $0.03 per share was paid with a record date of December 15, 2021, and an ex-dividend date of November 29, 2021. Read more...
A.I. Advisor
published General Information

General Information

a company which explores for oil and natural gas

Industry OilGasProduction

Profile
Fundamentals
Details
Industry
Oil And Gas Production
Address
3000, 333 - 7th Avenue S.W.
Phone
+1 403 298-2200
Employees
379
Web
https://www.enerplus.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
FLCA31.110.63
+2.07%
Franklin FTSE Canada ETF
FLJP27.230.51
+1.89%
Franklin FTSE Japan ETF
HTEC29.750.42
+1.43%
Robo Global® Hlthcare Tech & Innovt ETF
EMP23.750.29
+1.24%
Entergy Mississippi LLC
EAFD19.940.24
+1.21%
Simplify Dvlp Ex-US PLUS Dwnsd Cnxty ETF

ERF and

Correlation & Price change

A.I.dvisor indicates that over the last year, ERF has been closely correlated with CPG. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if ERF jumps, then CPG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERF
1D Price
Change %
ERF100%
+5.36%
CPG - ERF
92%
Closely correlated
+3.86%
FANG - ERF
87%
Closely correlated
+2.54%
HES - ERF
87%
Closely correlated
+3.58%
OVV - ERF
87%
Closely correlated
+4.40%
EOG - ERF
86%
Closely correlated
+3.49%
More

Groups containing ERF

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERF
1D Price
Change %
ERF100%
+5.36%
gas wells
(undefined stocks)
92%
Closely correlated
+3.44%
office
(undefined stocks)
91%
Closely correlated
+3.46%
shale oil
(undefined stocks)
91%
Closely correlated
+3.93%
shale gas
(undefined stocks)
89%
Closely correlated
+4.14%
oil
(undefined stocks)
89%
Closely correlated
+3.57%
More