Enerplus Financials

ERF Stock  CAD 26.28  0.30  1.15%   
Financial data analysis helps to check if markets are presently mispricing Enerplus. We were able to analyze and collect data for fourty-one available fundamental indicators for Enerplus, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Enerplus financials, including its price to sales, cash per share, and the relationship between the number of shares shorted and ebitda . The stock experiences a large bullish trend. Check odds of Enerplus to be traded at C$28.91 in 90 days. Key indicators impacting Enerplus' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.340.1731
Way Up
Very volatile
Current Ratio0.660.8013
Significantly Down
Very volatile
With this module, you can analyze Enerplus financials for your investing period. You should be able to track the changes in Enerplus individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Enerplus Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Enerplus' financial statements are interrelated, with each one affecting the others. For example, an increase in Enerplus' assets may result in an increase in income on the income statement.
Evaluating Enerplus' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Enerplus' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Enerplus' relative financial performance

Chance Of Distress

Less than 7

 
100  
 
Zero
Low
Enerplus has less than 7 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Enerplus stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Enerplus' odds of distress score SHOULD NOT be confused with the real chance of Enerplus filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Enerplus is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Enerplus' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Enerplus' official financial statements usually reflect Enerplus' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Enerplus. For example, before you start analyzing numbers published by Enerplus accountants, it's critical to develop an understanding of what Enerplus' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Enerplus' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enerplus' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Enerplus' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Enerplus. Please utilize our Beneish M Score to check the likelihood of Enerplus' management manipulating its earnings.

Enerplus Company Summary

Enerplus competes with Computer Modelling, Quisitive Technology, Forsys Metals, Lion One, and BMO Global. Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada. ENERPLUS CORPORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 383 people.
Foreign Associate
  USA
Specialization
Energy, Oil & Gas E&P
InstrumentCanada Stock View All
ExchangeToronto Exchange
CIK Number0001126874
ISINCA2927661025
RegionNorth America
Business AddressThe Dome Tower,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.enerplus.com
Phone403 298 2200
CurrencyCAD - Canadian Dollar
You should never invest in Enerplus without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Enerplus Stock, because this is throwing your money away. Analyzing the key information contained in Enerplus' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Enerplus Key Financial Ratios

Generally speaking, Enerplus' financial ratios allow both analysts and investors to convert raw data from Enerplus' financial statements into concise, actionable information that can be used to evaluate the performance of Enerplus over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Enerplus reports annually and quarterly.

Enerplus Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0B1.2B2.0B1.9B2.1B2.9B
Other Current Liab84.9M101.0M249.4M120.7M138.8M93.0M
Net Debt388.9M323.7M669.3M244.4M119.3M113.3M
Retained Earnings(1.5B)(2.3B)(2.2B)(1.5B)(1.2B)(1.3B)
Accounts Payable142.1M113.4M260.8M288.2M294.1M171.0M
Cash116.1M89.8M61.3M38M66.7M52.4M
Net Receivables156.1M83.4M228.0M276.6M38.3M36.3M
Total Liab837.7M729.9M1.4B861.4M841.1M1.2B
Total Current Assets282.6M181.6M306.0M407.7M383.3M221.3M
Other Current Assets2.3M5.6M11.0M56.6M45.0M58.5M
Other Assets277.1M607.0M390.6M176.2M202.6M259.9M
Short Term Debt94.6M91.9M111.2M94.3M84.8M120.7M
Common Stock2.4B2.4B3.1B2.8B2.6B2.2B
Other Liab138.0M130.2M139.9M170.0M153.0M145.5M
Net Tangible Assets1.3B535.7M609.3M1.1B969.0M782.2M
Long Term Debt500.6M386.6M601.2M178.9M105.4M100.2M
Short Long Term Debt106.0M103.8M100.6M80.6M72.5M68.9M
Long Term Debt Total536.2M386.6M601.2M178.9M161.0M153.0M
Capital Surpluse59.5M50.6M50.9M50.5M45.4M42.3M
Net Invested Capital2.1B1.0B1.3B1.3B1.4B1.4B
Net Working Capital(50.9M)(159.0M)(315.5M)(95.5M)(95.1M)(90.3M)
Capital Stock2.4B2.4B3.1B2.8B2.7B2.9B
Cash And Equivalents114.4M89.9M61.3M38M34.2M32.5M

Enerplus Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Enerplus' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense26.0M22.2M27.4M24.6M17.6M22.2M
Total Revenue1.2B827.0M1.3B2.4B1.7B1.1B
Gross Profit239.7M101.3M525.5M1.4B646.5M569.4M
Operating Income189.7M51.2M471.2M1.3B580.8M343.1M
Ebit189.7M51.2M471.2M1.3B1.5B1.6B
Ebitda462.9M281.1M742.5M1.6B1.8B1.9B
Cost Of Revenue913.9M725.7M794.0M996.7M1.0B1.1B
Net Income(198.8M)(724.1M)234.4M914.3M456.1M478.9M
Income Before Tax(162.2M)(928.6M)335.9M1.2B567.4M595.8M
Income Tax Expense36.6M(204.5M)101.4M293.3M337.3M354.2M
Tax Provision47.9M(260.8M)101.4M293.3M111.4M116.9M
Interest Income74.6M79.1M294.9M232.4M267.3M280.6M
Net Interest Income(33.9M)(28.4M)(27.4M)(24.6M)(17.6M)(18.5M)

Enerplus Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Enerplus. It measures of how well Enerplus is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Enerplus brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Enerplus had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Enerplus has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(162.0M)(29.2M)(28.6M)(23.3M)4.0M4.2M
Free Cash Flow48.2M80.7M323.9M721.0M390.5M410.0M
Depreciation661.7M1.2B271.3M309.4M355.8M358.8M
Other Non Cash Items648.9M1.2B81.5M(298.5M)(22.0M)(20.9M)
Dividends Paid21.3M20.9M32.3M41.6M48.6M46.2M
Capital Expenditures483.3M269.3M281.0M452.4M566.4M474.0M
Net Income(198.8M)(724.1M)234.4M914.3M456.1M478.9M
End Period Cash Flow116.1M89.8M61.3M38M63.4M44.5M
Investments(621.8M)(337.3M)(893.5M)(289.7M)(378.4M)(397.4M)
Net Borrowings(59.4M)(114.0M)318.4M(441.3M)(397.1M)(377.3M)
Change To Netincome595.2M970.7M192.6M(12.3M)(14.1M)(13.4M)

Enerplus Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Enerplus's current stock value. Our valuation model uses many indicators to compare Enerplus value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Enerplus competition to find correlations between indicators driving Enerplus's intrinsic value. More Info.
Enerplus is one of the top stocks in shares owned by institutions category among related companies. It is one of the top stocks in earnings per share category among related companies creating about  0.05  of Earnings Per Share per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Earnings Per Share for Enerplus is roughly  22.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Enerplus by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enerplus' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Enerplus' earnings, one of the primary drivers of an investment's value.

Enerplus Systematic Risk

Enerplus' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Enerplus volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Enerplus correlated with the market. If Beta is less than 0 Enerplus generally moves in the opposite direction as compared to the market. If Enerplus Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Enerplus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Enerplus is generally in the same direction as the market. If Beta > 1 Enerplus moves generally in the same direction as, but more than the movement of the benchmark.

Enerplus Total Assets Over Time

About Enerplus Financials

What exactly are Enerplus Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Enerplus' income statement, its balance sheet, and the statement of cash flows. Potential Enerplus investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Enerplus investors may use each financial statement separately, they are all related. The changes in Enerplus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enerplus's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Enerplus Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Enerplus is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Enerplus has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Enerplus' financials are consistent with your investment objective using the following steps:
  • Review Enerplus' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Enerplus' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Enerplus' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Enerplus' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Enerplus Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enerplus' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Enerplus growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.15)

At this time, Enerplus' Price Earnings To Growth Ratio is very stable compared to the past year.

Enerplus March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Enerplus help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Enerplus. We use our internally-developed statistical techniques to arrive at the intrinsic value of Enerplus based on widely used predictive technical indicators. In general, we focus on analyzing Enerplus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Enerplus's daily price indicators and compare them against related drivers.
When determining whether Enerplus is a strong investment it is important to analyze Enerplus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enerplus' future performance. For an informed investment choice regarding Enerplus Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Enerplus Stock, please use our How to Invest in Enerplus guide.
Note that the Enerplus information on this page should be used as a complementary analysis to other Enerplus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Enerplus Stock analysis

When running Enerplus' price analysis, check to measure Enerplus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enerplus is operating at the current time. Most of Enerplus' value examination focuses on studying past and present price action to predict the probability of Enerplus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerplus' price. Additionally, you may evaluate how the addition of Enerplus to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Enerplus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerplus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerplus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.