| Type | Public |
|---|---|
| Industry | Oil & Gas Drilling & Exploration |
| Headquarters | Calgary, Alberta, Canada |
| Key people | Gordon J. Kerr (CEO) |
| Employees | 566 (2008)[1] |
| Website | www.enerplus.com |
Enerplus Corporation (TSX: ERF, NYSE: ERF) was established in 1986 and is one of Canada’s oldest and largest independent oil and gas producers offering investors a high yield combined with moderate, profitable growth potential from resource plays across Western Canada and the United States.
Enerplus Corporation trades on both the Toronto Stock Exchange (ERF) and the New York Stock Exchange (ERF) and is an eligible investment for all RRSPs, RESPs, RRIFs, DPSPs and IRAs. Cash dividends are paid on the 20th day of each month to all shareholders of record on or about the 10th day of each month. The dividend amount is not guaranteed and may fluctuate depending upon cash flows, debt levels and capital spending plans.
The Calgary-based firm was the first Canadian royalty trust. Enerplus Corporation converted from Enerplus Resources Fund to a corporate entity on January 1, 2011, after receiving approval by 98.5% of unitholders.