At close of market on Friday, Enerplus Corporation (TSX:ERF) stock finished trading at -3.40%, bringing the stock price to $8.81 on the Toronto Stock Exchange. The stock price saw a low of $8.77 and a high of $9.11.
The company’s stock was traded 4,396 times with a total of 1,383,338 shares traded.
Enerplus Corporation has a market cap of $2.07 billion, with 234.15 million shares in issue.Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. Majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.
