Enerplus
 | |
| Public | |
| Traded as |
TSX: ERF NYSE: ERF |
| Industry | Oil & Gas Drilling & Exploration |
| Headquarters | Calgary, Alberta, Canada |
Key people | Ian Dundas (CEO) |
Number of employees | over 800 |
| Website |
www |
Established in 1986, Enerplus Corporation is a North American energy producer with a portfolio of high-quality, low-decline oil and gas assets, complemented by growth assets in resource plays with superior economics. Enerplus Corporation trades on both the Toronto Stock Exchange (ERF) and the New York Stock Exchange (ERF). Monthly dividends are paid on or about the 20th day of each month to all shareholders of record on or about the 10th day of each month.
Their portfolio includes low-decline assets that provide stable cash flow, such as crude oil waterfloods in Western Canada, as well as assets in new resource plays that have production and resource growth potential, such as the Bakken tight oil and Marcellus shale gas resource plays. Enerplus also has a growing undeveloped natural gas land position in the liquids rich Deep Basin area of British Columbia and Alberta, in addition to other conventional natural gas and oil production throughout the Western Canadian Sedimentary Basin.
They hire employees skilled in geology, geophysics, reservoir engineering and development, facility engineering, production/completions engineering, field operations, information services, business development, risk management, accounting and finance, office services and more.
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. They have main offices in Calgary and Denver, plus other field offices in Canada and the US.
Investor Information
Enerplus is a North American energy producer with a diversified asset base of high-quality, low-decline oil and gas assets complemented by growth assets in resource plays with superior economics. The company hopes to give investors a competitive return with both growth and dividend income.
References
Enerplus Q3 2013 report: https://www.enerplus.com/files/pdf/investor-relations/Enerplus_Q3%20Report1.pdf
Enerplus website, Why Invest page accessed Dec 2013: https://www.enerplus.com/investor/why-invest.cfm