GBA Presents: THE BARE ESSENTIALS

stonedinvestor said:
Moving on to idea No 2... These guys get a lot of attention. Looks like March the analysts all fell over themselves so they will be looking to push forwards that positive narrative.-


Enerplus price target raised to C$19 from C$16 at Scotiabank 03/08
ERF
Scotiabank analyst Jason Bouvier raised the firm's price target on Enerplus to C$19 from C$16 and keeps a Sector Perform rating on the shares.

Jason Bouvier
Scotiabank
Hold
03/24/22 T->$15.07

This Chart is good.
More...
 

ERF ENERPLUS CORP COM
Analyst Price Targets




Avg. Price Target
$15.53

21.04% Upside

High $19.04
48.42% Upside

Low $12.30
-4.15% Downside

In the last 3 months,8 ranked analystsset 12-month price targets forERF. The average price target among the analysts is$15.53. Analysts compare their price target to the current market price of the stock to determine how much potential upside or downside movement there could be in the stock price.
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2022 Outlook
Based on its preliminary 2022 budget, Enerplus expects to average approximately 122,000 BOEPD in production during 2022, including 75,000 barrels per day in liquids production. It is currently planning for average 2022 production to be slightly (approximately -1%) lower than its 2H 2021 production levels (excluding the production from its Williston Basin divestment that closed at the beginning of November).

At current strip prices of $79 WTI oil and $4.25 NYMEX gas, Enerplus would be projected to generate US$2.24 billion in revenues before hedges for 2022.

Ok I may be a simple man but here is my way of looking at this.

Co can generate $2.24 B in rev! W/ $79 oil.....

I haven't checked today I know it's down because of China... But Oil should be well above that mark when they give their presentation tomorrow....
 
HERE'S THE TRADE :::::

TOMM WEBCAST <------
  • All day - Enerplus Corporation (ERF) will hold a webcast for investors on the Bakken. Shares of Enerplus have rallied in the past when the company has updated on the oil production region.

AND MY 6 EARN.<------$
 
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