ENERPLUS CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 27.69 CAD | -1.18% |
|
+1.24% | +36.34% |
| 01:08pm | US energy sector consolidation extends into 2024 | RE |
| May. 24 | Sector Update: Energy Stocks Rise in Late Friday Afternoon Trading | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,578 | 695.4 | 2,688 | 3,952 | 3,126 | 4,196 | - | - |
| Enterprise Value (EV) 1 | 1,922 | 993.7 | 3,328 | 4,174 | 3,245 | 4,273 | 4,041 | 4,017 |
| P/E ratio | -8.4 x | -0.95 x | 11.7 x | 4.68 x | 7.33 x | 10.2 x | 9.82 x | - |
| Yield | 1.28% | 3.05% | 1.15% | 1.06% | 1.5% | 1.4% | 1.25% | 1.17% |
| Capitalization / Revenue | 1.33 x | 0.95 x | 1.81 x | 1.68 x | 1.88 x | 2.62 x | 2.44 x | 2.24 x |
| EV / Revenue | 1.61 x | 1.36 x | 2.25 x | 1.77 x | 1.95 x | 2.66 x | 2.35 x | 2.15 x |
| EV / EBITDA | 3.83 x | 5.36 x | 5.29 x | 2.98 x | 3.39 x | 4.7 x | 4.27 x | 4.15 x |
| EV / FCF | 41.7 x | -424 x | 8.12 x | 5.23 x | 7.57 x | 12.6 x | 12 x | 12.6 x |
| FCF Yield | 2.4% | -0.24% | 12.3% | 19.1% | 13.2% | 7.93% | 8.34% | 7.97% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 221,744 | 222,548 | 254,776 | 224,237 | 204,026 | 204,246 | - | - |
| Reference price 2 | 7.116 | 3.125 | 10.55 | 17.63 | 15.32 | 20.55 | 20.55 | 20.55 |
| Announcement Date | 2/21/20 | 2/19/21 | 2/24/22 | 2/23/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,190 | 732.9 | 1,483 | 2,353 | 1,663 | 1,604 | 1,719 | 1,871 |
| EBITDA 1 | 501.9 | 185.5 | 628.6 | 1,398 | 958.3 | 908.3 | 946 | 969 |
| EBIT | 231.8 | - | - | - | - | - | - | - |
| Operating Margin | 19.48% | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | -160.3 | -939.7 | 335.9 | 1,208 | - | 553 | 598 | - |
| Net income 1 | -196.6 | -732.7 | 234.4 | 914.3 | - | 415 | 449 | - |
| Net margin | -16.51% | -99.98% | 15.81% | 38.85% | - | 25.88% | 26.12% | - |
| EPS 2 | -0.8476 | -3.293 | 0.9000 | 3.770 | 2.090 | 2.005 | 2.093 | - |
| Free Cash Flow 1 | 46.13 | -2.341 | 410.1 | 798.3 | 428.7 | 339 | 336.8 | 320 |
| FCF margin | 3.87% | -0.32% | 27.66% | 33.92% | 25.78% | 21.14% | 19.59% | 17.1% |
| FCF Conversion (EBITDA) | 9.19% | - | 65.23% | 57.09% | 44.74% | 37.32% | 35.61% | 33.02% |
| FCF Conversion (Net income) | - | - | 174.92% | 87.31% | - | 81.69% | 75.02% | - |
| Dividend per Share 2 | 0.0908 | 0.0952 | 0.1210 | 0.1860 | 0.2300 | 0.2880 | 0.2560 | 0.2400 |
| Announcement Date | 2/21/20 | 2/19/21 | 2/24/22 | 2/23/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA 1 | - | 341.2 | 448.3 | 454.5 | 154.4 | 261 | 183.6 | 269.7 | 244 | 171.1 | 222 | 246 | 251 | 239 | 240 |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS 2 | 0.6800 | 0.1300 | 0.9900 | 1.280 | 1.430 | 0.6200 | 0.3400 | 0.5900 | 0.5500 | 0.3200 | 0.3700 | 0.4900 | 0.5500 | - | - |
| Dividend per Share | 0.0320 | 0.0330 | 0.0430 | 0.0550 | 0.0550 | 0.0550 | 0.0600 | 0.0600 | 0.0600 | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/23/23 | 5/4/23 | 8/9/23 | 11/2/23 | 2/21/24 | 5/8/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 344 | 298 | 640 | 222 | 119 | 76.5 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | 156 | 179 |
| Leverage (Debt/EBITDA) | 0.6861 x | 1.608 x | 1.019 x | 0.1584 x | 0.1245 x | 0.0842 x | - | - |
| Free Cash Flow 1 | 46.1 | -2.34 | 410 | 798 | 429 | 339 | 337 | 320 |
| ROE (net income / shareholders' equity) | -15% | - | - | 83.9% | 39.6% | 33% | 32% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | 2.320 | 1.280 | 2.740 | 5.070 | 4.410 | 4.140 | 4.480 | 4.570 |
| Capex 1 | 478 | 273 | 302 | 432 | 532 | 552 | 557 | 553 |
| Capex / Sales | 40.14% | 37.18% | 20.39% | 18.36% | 32.02% | 34.41% | 32.38% | 29.56% |
| Announcement Date | 2/21/20 | 2/19/21 | 2/24/22 | 2/23/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
20.55
USD
Average target price
19.28
USD
Spread / Average Target
-6.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +35.11% | 4.2B | |
| +5.03% | 293B | |
| -1.53% | 139B | |
| +61.15% | 130B | |
| +18.09% | 82.76B | |
| +1.36% | 72.33B | |
| +2.55% | 55.16B | |
| +3.42% | 46.69B | |
| +25.00% | 35.27B | |
| -11.56% | 34.94B |
- Stock Market
- Equities
- ERF Stock
- Financials Enerplus Corporation
