Enerplus, Chord on Track to Close 4B Williston Deal on May 31
| 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.
Enerplus |
Enerplus Corp. shareholders will vote on the deal, which was already approved by Chord stockholders, on May 24.
Read at finance.yahoo.com
 |
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.
Working Capital
Working Capital Comparative Analysis
Enerplus is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
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
| GPOR | Gulfport Energy | 0.14 |
| ||
| MUR | Murphy Oil | 0.84 |
| ||
| GRNT | Granite Ridge | 1.62 |
| ||
| CIVI | Civitas Resources | 1.67 |
| ||
| EPSN | Epsilon Energy | 1.82 |
| ||
| OBE | Obsidian Energy | 2.04 |
| ||
| OVV | Ovintiv | 2.06 |
| ||
| VET | Vermilion Energy | 2.06 |
| ||
| CNQ | Canadian Natural | 2.32 |
| ||
| MTDR | Matador Resources | 2.82 |
| ||
| BTE | Baytex Energy | 3.97 |
| ||
| NRT | North European | 4.60 |
|
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |