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Stock Market & Financial Investment News

News Breaks
May 12, 2014
08:34 EDTERFEnerplus price target raised to $28 from $24 at BMO Capital
BMO Capital increased its price target on Enerplus after the company reported stronger than expected Q1 results and higher than expected Q1 production. The firm expects Enerplusí momentum to carry through to the end of the year. It keeps an Outperform rating on the shares.
News For ERF From The Last 14 Days
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February 3, 2016
06:07 EDTERFEnerplus completes sale of Canadian natural gas assets for $183M
Enerplus has completed one of the divestments of certain Canadian natural gas properties for cash proceeds of approximately $183M, before closing adjustments. Proceeds from this transaction were used to reduce the company's outstanding indebtedness. Production from the properties divested under this transaction was expected to average approximately 4,700 BOE/day, 97% natural gas, in 2016. The second transaction relating to the divestment of additional Canadian natural gas properties is expected to close during Q1.

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