Enerplus Resources Fund (ERF) Scheduled to Post Quarterly Earnings on Friday
Enerplus Resources Fund (NYSE:ERF) will announce its Q114 earnings results on Friday, May 9th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $479.45 million for the quarter.
Enerplus Resources Fund (NYSE:ERF) opened at 22.48 on Thursday. Enerplus Resources Fund has a 52-week low of $13.57 and a 52-week high of $22.63. The stock has a 50-day moving average of $20.87 and a 200-day moving average of $18.97. The company has a market cap of $4.566 billion and a P/E ratio of 101.56.
The company also recently announced a monthly dividend, which is scheduled for Tuesday, May 20th. Shareholders of record on Monday, May 5th will be paid a dividend of $0.0816 per share. This represents a $0.98 annualized dividend and a dividend yield of 4.36%. The ex-dividend date is Thursday, May 1st.
On the ratings front, analysts at TheStreet upgraded shares of Enerplus Resources Fund from a “sell” rating to a “hold” rating in a research note on Friday, March 7th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $20.65.
Enerplus Corporation (NYSE:ERF), formerly Enerplus Resources Fund, has oil and natural gas property interests are located in western Canada in the provinces of Alberta, British Columbia, Saskatchewan and Manitoba, and in the United States in the states of Montana, North Dakota, Maryland, Pennsylvania, West Virginia, Wyoming and Utah.
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