Top 10 Information Technology Companies To Invest In 2015: Enerplus Corporation (ERF)
Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in United States and Canada. As of December 31, 2011, it had 322 MMBOE of proved plus probable reserves. The company also held a portfolio of approximately 380,000 net acres of land comprised of 75,000 net acres at Fort Berthold targeting the Bakken and Three Forks; 65,000 net acres in the Duvernay; 33,000 net acres in the Montney; 67,000 net acres in the Stacked Mannville; 30,000 net acres in the Cardium and other emerging oil plays in Canada; and 110,000 net acres in the Marcellus. In addition, it had 120 gross producing wells. The company was founded in 1986 and is headquartered in Calgary, Canada.
Advisors' Opinion:- [By Rich Duprey]
Canadian oil and gas producerEnerplus (NYSE: ERF ) announced yesterdayits June monthly dividend of $0.09 Canadian per share, which is equivalent to $0.09 U.S. per share at an exchange rate of 0.9699.
- [By Dan Caplinger]
The biggest worry that some investors have about Pengrowth is that its dividend is large compared to its earnings. Similar issues forced Penn West Petroleum (NYSE: PWE ) , also a former Canroy, to cut its dividend a couple months ago. Although extraordinary measures have helped Pengrowth and Enerplus (NYSE: ERF ) sustain payouts at levels that were last reduced in the middle of 2012, both companies could eventually see further pressure on their payouts in future.
- [By Rich Duprey]
Canadian oil and gas producer Enerplus (NYSE: ERF ) announced today its August monthly dividend of $0.09 Canadian per share, which is equivalent to $0.09 U.S. per share at an exchange rate of 0.9674.
- [By RichardCox]
The first to look at is the Enerplus Resources Fund (ERF), which places most of its focus on W! estern Canadian properties in the mature development stage and is the largest oil and natural gas income fund in North America. For the second quarter, the company's annual production levels rose by 10%, and its diversified portfolio of high-quality growth resources puts Enerplus in a strong position to benefit from demographic trends and rising oil prices. Year-to-date, ERF has seen rallies of nearly 30% but the latest pullback in market valuations offers a new opportunity for investors to get long and gain exposure to energy markets without the added risks of companies that could be vulnerable to trade route disruptions in the Middle East (for example, in the all-important Suez Canal). With its $3.4 billion market cap and 6.4% dividend yield, Enerplus offers a stable alternative for playing energy markets and recent weakness in both commodities and the stock price itself should be viewed as a buying opportunity.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-information-technology-companies-to-invest-in-2015-2.html
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