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Enerplus Corporation

Enerplus Corporation

ERF
Enerplus CorporationUS flagNew York Stock Exchange
20.09
USD
+0.13
- -
4.10BMarket Cap
Enerplus Corporation
ERF
(New York Stock Exchange)

Recent

price

20.09

P/E

ratio

- -

div

yld

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Capital Structure

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Business
Enerplus Corporation, now operating as a subsidiary of Chord Energy Corporation following their merger in May 2024, previously engaged in the exploration and development of crude oil and natural gas. The company’s core oil assets were primarily centered in the Bakken formation within North Dakota, complemented by its natural gas interests in the Marcellus shale region of northeast Pennsylvania. Earlier, Enerplus held properties across various North American locations, including significant interests in Canadian provinces, but transitioned to a predominantly U.S.-focused portfolio through strategic divestitures. As of December 31, 2023, the company maintained gross proved plus probable reserves amounting to 585.1 million barrels of oil equivalent. Enerplus Corporation was originally established in 1986 and is based in Calgary, Canada, now contributing its assets and expertise to a premier Williston Basin energy enterprise.

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