Ian C. DundasPresident & Chief Executive OfficerEnerplus Corporation, © Canada Newswire, source Canada Newswire English, The total average deferred premium on outstanding 2020 hedges is, President, Chief Executive Officer & Director, Chief Operating Officer & Senior Vice President, Chief Financial Officer & Senior Vice President, Improving capital efficiencies with well costs in, Annual crude oil and natural gas liquids production is expected to grow to between 57,000 to 60,000 barrels per day, 7% annual crude oil and natural gas liquids production growth at the guidance midpoint (12% growth per share), Free cash flow forecast at commodity prices above, Continuing focus on return of capital to shareholders through dividends and share repurchases, Price protection on 56% of forecast net oil production at a floor price of. The five wells brought on production in late 2019 were completed using various proppant and fluid intensities with encouraging results. Its founder and leader is Lewis Roberts. This news release also contains references to the percentage of the Company's production that is hedged under commodity derivatives contracts, this percentage being based upon the Company's net of royalty production volumes. An average of 120 articles are published each week. The company, currently... Acasti Pharma Inc. (NASDAQ:ACST) has a beta value of 0 and has seen 1,815,254 shares traded in the recent trading session. View which stocks have … The Company's 2020 investment profile, with higher capital spending during the first half of the year, is expected to result in free cash flow generation in the second half of the year. Enerplus Corp (ERF:TOR) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. Enerplus has approximately 22,000 barrels per day of crude oil protected in 2020, representing approximately 56% of net 2020 crude oil production at the guidance midpoint. The Company currently has 7.0 million remaining shares authorized under its normal course issuer bid which expires March 25, 2020 and can be renewed thereafter for another 12 months for up to 10% of the public float (within the meaning under the Toronto Stock Exchange rules). CALGARY, Jan. 20, 2020 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) today announced its 2020 exploration and development capital budget of $520 to $570 million and outlook through 2022. To access these valuable tools and see the full perspective, subscribe now. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information including, without limitation: changes, including future decline, in commodity prices; changes in realized prices for Enerplus' products; changes in the demand for or supply of Enerplus' products; unanticipated operating results, results from Enerplus' capital spending activities or production declines; curtailment of Enerplus' production due to low realized prices or lack of adequate infrastructure; changes in tax or environmental laws, royalty rates or other regulatory matters; changes in development plans by Enerplus or by third party operators of Enerplus' properties; increased debt levels or debt service requirements; changes in estimates of Enerplus' oil and gas reserves and resources volumes; limited, unfavourable or a lack of access to capital markets; increased costs; a lack of adequate insurance coverage; the impact of competitors; reliance on industry partners; failure to complete any anticipated acquisitions or divestitures; and certain other risks detailed from time to time in Enerplus' public disclosure documents (including, without limitation, those risks identified in its AIF, management's discussion and analysis ("MD&A"), and Form 40-F at December 31, 2018). Commodity Hedging Detail (As at January 17, 2020). Small Cap Stock DHT Holdings, Inc. (DHT) is a Overweight – Analysts. Why Buy stock in Acasti Pharma Inc. (ACST)? "We remain focused on creating value for shareholders through a combination of sustainable, high return production per share growth, free cash flow generation and low financial leverage," stated Ian C. Dundas, President and Chief Executive Officer. Presentation of Production InformationUnder U.S. GAAP oil and gas sales are generally presented net of royalties and U.S. industry protocol is to present production volumes net of royalties. The forward-looking information contained in this news release reflects several material factors and expectations and assumptions of Enerplus including, without limitation: that Enerplus will conduct its operations and achieve results of operations as anticipated; that Enerplus' development plans will achieve the expected results; current commodity price and cost assumptions; the general continuance of current or, where applicable, assumed industry conditions; the continuation of assumed tax, royalty and regulatory regimes; the accuracy of the estimates of Enerplus' reserves and resources volumes; the continued availability of adequate debt and/or equity financing, cash flow and other sources to fund Enerplus' capital and operating requirements, and dividend payments as needed; availability of third party services; and the extent of its liabilities. Total Company production is expected to average between 96,000 to 100,000 BOE per day in 2020. To benefit from this content, plus our exclusive data archive, subscribe to the FT today. Enerplus' oil focused capital program is expected to increase crude oil and natural gas liquids production to between 57,000 to 60,000 barrels per day, on average, in 2020. Access exclusive markets data when you subscribe to the FT. Our extensive director dealings data, financial analysis, and forecasts are now only available to FT.com subscribers. Enerplus plans to spend 5% of its 2020 capital budget in the Marcellus to drill 3 net wells and bring 2 net wells on production. In particular, but without limiting the foregoing, this news release contains forward-looking information pertaining to the following: expected 2020 average production volumes, anticipated production growth through 2022, anticipated production mix and Enerplus' expected source of funding thereof; the proportion of Enerplus' anticipated oil and gas production that is hedged; our 2020 operating plans, including the results from our drilling program, anticipated well costs and the timing of related production; oil and natural gas prices and differentials and our commodity risk management programs; anticipated cash G&A, operating and transportation expenses; expected average royalty and production tax rate; expected capital spending levels in 2020 and in the future, its components and its impact on production; and expected share purchases through 2022 and sources of funding thereof. The company, currently valued... PG&E Corporation (NYSE:PCG) has a beta value of 1.15 and has seen 4,992,091 shares traded in the recent trading session. Given that the value ratio based on the current price of oil as compared to natural gas is significantly different from the energy equivalent of 6:1, utilizing a conversion on a 6:1 basis may be misleading. Investors can use this forecasting interface to forecast Enerplus historical stock prices and determine the direction of Enerplus's future trends based on various well-known forecasting models. The planned shut-in of Tommy Lakes in early 2020 is expected to impact the Company's 2020 production by 1,600 BOE per day (90% natural gas) with minimal impact to cash flow from operating activities. Please sign in or register. Following this, crude oil production is expected to meaningfully increase driven by North Dakota volumes, with strong growth forecast for the second half of 2020. NON-GAAP MEASURESIn this news release, Enerplus uses the term "free cash flow" as a measure to analyze operating and financial performance. Therefore, this measure, as defined by Enerplus, may not be comparable to similar measures presented by other issuers. Capital spending in Enerplus' non-operated Marcellus position is expected to be meaningfully lower in 2020 compared to 2019, in response to lower anticipated natural gas prices. IA "Marketing Sentinel" seeks to provide the news and analytical information to both American and foreign audiences, events and events in the USA and all over the world reliably, objectively and promptly. Access bonds data, league tables and trends, world markets, macro maps and data archives. Enerplus Corporation (NYSE:ERF) trade information. FT is not responsible for any use of content by you outside its scope as stated in the. What is the Market's View on Enerplus Corp (ERF) Stock's Price and Volume Trends at InvestorsObserver.com Tue, Oct. 06 Where Does Wall Street Think Enerplus Corp (ERF) Stock Will Go? Here are the most read: All markets data located on FT.com is subject to the. In comparing Enerplus Corporation (ERF)’s stock with other industry players reveals that stock’s latest price change of +5.05% and that of -67.55% over the past 12 months is in competing position with that of Canadian Natural Resources (CNQ) which saw its stock price raised by 1.12% in the recent trading and went through a decline of -33.78% in past 12-month trading. BOEs may be misleading, particularly if used in isolation. The Company's natural gas production is expected to decline in 2020 due to limited capital activity in the Marcellus in response to lower anticipated natural gas prices and the Company's decision to abandon and reclaim its non-core asset at Tommy Lakes in Canada due to increasingly marginal economics. The interactive charting tool provides extensive upper and lower indicators, news and fundamental overlays, and comparison features. Enerplus believes the material factors, expectations and assumptions reflected in the forward-looking information are reasonable but no assurance can be given that these factors, expectations, and assumptions will prove to be correct. The expected earnings per share for the stock is $0.11.
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