Enerplus Corporation (ERF) Shares Slide -6.43%

Enerplus Corporation (ERF) : During the past 4 weeks, traders have been relatively bearish on Enerplus Corporation (ERF), hence the stock is down -12.22% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.36% relative to the S&P 500. The 4-week change in the price of the stock is -9.27% and the stock has fallen -6.43% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.61% and the 50-Day Moving Average is 1.04%. Enerplus Corporation is up 9% in the last 3-month period. Year-to-Date the stock performance stands at 78.66%.


Enerplus Corporation (NYSE:ERF): stock turned positive on Friday. Though the stock opened at $5.69, the bulls momentum made the stock top out at $5.98 level for the day. The stock recorded a low of $5.68 and closed the trading day at $5.97, in the green by 3.65%. The total traded volume for the day was 898,126. The stock had closed at $5.76 in the previous days trading.

Enerplus Corporation is a Canada-based energy producer. The Companys capital program is focused on the development of its crude oil and natural gas core areas of operation, which includes its North Dakota and Montana crude oil assets in the Williston Basin, and its natural gas interests in northeast Pennsylvania. The Companys oil and natural gas property interests are located in western Canada in the provinces of Alberta, British Columbia and Saskatchewan, and in the United States, primarily in the states of Montana, North Dakota, Pennsylvania and West Virginia. The Companys properties consist of approximately 42% crude oil and natural gas liquids (NGLs) and 58% natural gas properties. The Company drilled around 14 wells at Brooks; seven injection wells and seven production wells at Medicine Hat and 27.2 net horizontal wells in the Fort Berthold region. It has around 71 net producing wells in the Marcellus. Enerplus USA is a subsidiary of the Company.

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