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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (121400)	3/7/2022 10:24:28 AM
From: Goose94	Respond to of 202275

Enerplus (ERF-T) new 52 week high, $18.45

To: Goose94 who wrote (121400)	8/12/2022 2:49:49 PM
From: Goose94	Read Replies (2) \| Respond to of 202275

Enerplus (ERF-T) revisited 3.0 Eric Nuttall on BNN.ca Market Call Friday August 12th @ 1200ET ERF is actively selling off its Canadian assets to become a pure U.S. Bakken / Marcellus-focused company. Trading at 1.6x EV/CF and a 39 per cent free cash flow yield the company recently renewed its 10 per cent normal course issuer bid and on its second-quarter conference call committed to a significant issuer bid (SIB) in the fourth-quarter if the share price remains so profoundly mispriced. With 14 years of staying flat, inventory in the Bakken and likely more inventory depth in the Marcellus, Enerplus is a free cash flow beast and we believe fair value is closer to a 11 per cent free cashflow yield = $42 target price = 197 per cent potential upside.