Is Enerplus Corporations Latest Stock Performance A Reflection Of Its Financial Health - Simply Wall St

ERFDelisted Stock  USD 16.27  0.19  1.18%   
Roughly 51% of Enerplus' stockholders are presently thinking to get in. The analysis of current outlook of investing in Enerplus suggests that some traders are interested regarding Enerplus' prospects. The current market sentiment, together with Enerplus' historical and current headlines, can help investors time the market. In addition, many technical investors use Enerplus stock news signals to limit their universe of possible portfolio assets.
  
Is Enerplus Corporations Latest Stock Performance A Reflection Of Its Financial Health Simply Wall St

Read at news.google.com
Google News at Macroaxis
  

Enerplus Fundamental Analysis

We analyze Enerplus' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enerplus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enerplus based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Operating Margin

Operating Margin Comparative Analysis

Enerplus is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Enerplus Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enerplus stock to make a market-neutral strategy. Peer analysis of Enerplus could also be used in its relative valuation, which is a method of valuing Enerplus by comparing valuation metrics with similar companies.

Peers

Enerplus Related Equities

OBEObsidian Energy   2.33   
0%
100.0%
CIVICivitas Resources   1.36   
0%
58.0%
MTDRMatador Resources   1.21   
0%
51.0%
CNQCanadian Natural   0.96   
0%
41.0%
VETVermilion Energy   0.59   
0%
25.0%
BTEBaytex Energy   0.35   
0%
15.0%
MURMurphy Oil   0.31   
0%
13.0%
EPSNEpsilon Energy   0.17   
0%
7.0%
GPORGulfport Energy   0.17   
7.0%
0%
NRTNorth European   0.24   
10.0%
0%
OVVOvintiv   0.50   
21.0%
0%
GRNTGranite Ridge   1.22   
52.0%
0%
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Other Consideration for investing in Enerplus Stock

If you are still planning to invest in Enerplus check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Enerplus' history and understand the potential risks before investing.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Global Correlations
Find global opportunities by holding instruments from different markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Stocks Directory
Find actively traded stocks across global markets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities