Enerplus Corp (ERF.TO) Buy, Sell or Hold

Enerplus Corp (ERF.TO)

26.78

-0.93 (3.36%)

as of Jun 3, 2024, 8:00:00 pm Market Open.

235 watching

COMMENT

What happens after tax pools run out and can they maintain yield. A lot of these stocks are trading very nicely because people are after yield. Is this a yield-driven market? The low guys increase dividends more.

Wealthica Track your Stocks in your Watch List

COMMENT

Converting to a Corp but also changing the business by selling longer life oil sands play and redeploying capital into the Marcellus. Has given him some concern. Will continue to pay out a high level of income

BUY

Has had a nice pick up. A high quality trust. Good solid performer.

HOLD

Not been a favourite of his for some time but they have new management now and multiples look relatively cheap. Good properties and have been making some good moves. 9% yield.

WAIT

Good assets. When they convert, the challenge is having the assets to sustain growth and dividends. They have the assets but have not been able to put it all together to get the momentum. Likes it long term.

HOLD

Once they convert, like any other trust, they have to convert to a payout model to a growth model. This is a transition they have been making for the last couple of years.

TOP PICK

When it converts to a corporation it will be a hybrid with very decent dividends. He can see 5%-6% dividend over the next 3-5 years and grow their operations at about the same amount assuming $75-$85 oil prices.

COMMENT

Gas weighted. Payout ratio is under 50% so distribution should be safe. Will probably convert at the end of this year. Doesn't see a lot of growth until at least 2012 because reserves had been written down and will also be disposing of some assets. Their growth engine is the Marcellus shale in Pennsylvania. You could hold for yield.

Wealthica Track your Stocks in your Watch List

TOP PICK

This is a play for yield on the commodity side. Into Marcellus shale, which is a good thing as well as Kirby and the Bakken. Payout ratio of about 80%. Have a lot of loss carry forwards. 9% yield.

HOLD

One of the better trusts. It’s hard to see what would be a catalyst for the next leg up.

DON'T BUY

Significant amount of it's earning from Natural Gas. He's been a bear on Gas in the past (still is). Not his favorite, but management is good. Shale gas coming from south of the border is a problem, and will keep it under 6 dollars.

DON'T BUY

Going sideways because they haven't given much guidance as to what they want to be in 2011. Thinks it will probably be a high dividend payout model.

SELL

50/50 gas and oil. So big it has multiple strategies, which is a problem. He is contemplating reducing his holdings and taking advantage of other opportunities.

HOLD

Stalled out with no indication that it is taking off. No big gains or losses. Volume is dropping. Tight consolidation means people have lost interest. You will have to wait for a news item to create a breakout one way or the other. Buy if it goes above $25.50 and if you own, get out at $23.25 and take a Short position.

HOLD

Large trust so there is a diversified mix of assets. 9% distribution, which will go down if they convert to a corporation.

Showing 166 to 180 of 308 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Enerplus Corp (ERF.TO)