Established in 1986, Enerplus is a North American energy producer with a diversified asset base of oil and gas assets that offer both a stable cash flow stream as well as growth potential. We are focused on creating value for our investors through the successful development of our properties and the disciplined management of our balance sheet. Through our activities, we strive to provide investors with a competitive return comprised of both growth and income.
Enerplus Corporation trades on both the Toronto Stock Exchange and the New York Stock Exchange (ERF.TO & ERF.NYSE). 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. View our share price history
| February 22, 2012 |
| Ticker Symbol: NYSE & TSX |
ERF |
| Enterprise Value (CDN$) |
$5,145,918,260 |
| Current Monthly Dividend (CDN$) |
$0.18 / share |
| Current Annualized Yield |
8.8% |
Financial and Operating Summary (click here for full 2012 Guidance)
| Metric | 2012 Guidance |
| Average Daily Production (BOE/day) |
83,000 BOE/day |
| % Crude oil and liquids |
50% |
| Exit Production (BOE/day) |
88,000 BOE/day |
| Capital Expenditures (CDN$) |
$800 million |
View Our History
Enerplus Resources Fund completes $9 million IPO and begins operating as Canada's first oil and gas royalty trust
Enerplus Resources Fund initiates Series B and completes $50 million offering
Enerplus Resources Fund completes another successful offering with Series C raising $75 million
Enerplus Resources Fund launches Series D raising $26 million
Enerplus merges Series A, B, C and D into a single fund and changes to an open-ended structure
Westrock Energy Income Funds I & II become part of the Enerplus Group of Companies
Mark Resources, a $500 million energy company, is converted into EnerMark Income Fund and becomes part of the Enerplus Group of Companies
The Enerplus Group buys over $800 million of oil and gas assets, merges Enerplus with the Westrock Funds and becomes the first Canadian royalty trust to trade on the NYSE
EnerMark Income Fund is merged into Enerplus Resources Fund to create the largest conventional oil and gas income fund in North America
Enerplus expands operations into the oil sands of Alberta through the acquisition of a 16% working interest in the Joslyn lease
Enerplus completes a milestone year, setting production and drilling records and acquires Ice Energy and assets from ChevronTexaco for $600 million
Enerplus completes its first acquisitions outside of Canada by purchasing Lyco Energy and Sleeping Giant LLC and establishes a new core growth area in the United States
Enerplus completes most ambitious capital program in 20 year history, spending just over $491 million on oil and gas activities
Enerplus acquires a 100% working interest in the Kirby oil sands lease for $203 million with production potential of 30,000 - 40,000 bbls/day of bitumen
Enerplus completes the largest transaction in its 22 year history with the purchase of Focus Energy Trust for total consideration of approximately $1.7 billion
Acquired an average 21.5% working interest in 540,000 gross acres in the Marcellus shale region in the northeastern United States for US$411 million
Enerplus acquires Bakken and Marcellus assets and sells Kirby Oil Sands lease and other non-core assets in support of its strategy to reposition our portfolio and improve focus and profitability.
Conversion to Enerplus Corporation on January 1, 2011, after receiving overwhelming approval by 98.5% of unitholders.
About EnerplusEnerplus is an independent North American energy company with a diversified asset base of oil and gas properties across a variety of resource plays. We are focused on creating value for our investors by providing organic growth in production and reserves complemented by a monthly dividend. more
