Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Its crude oil properties are located in the Fort Berthold region of North Dakota and the Elm Coulee field in Richland County, Montana; and crude oil Waterfloods in Alberta and Saskatchewan, Canada. The company’s natural gas area primarily consists of its non-operated Marcellus shale gas interests located in northeastern Pennsylvania. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada.
Annual EPS Growth – Companies with annual earnings growth of more than 20% are more likely to become leaders in up trending markets. While 20% Annual EPS growth is the minimum you should look for, don’t be afraid to seek even better results. Studies have shown that the greatest winners in the past 30 years had an average 30% annual EPS growth rate when they started their strong up trends. You also can look for three straight years of rising EPS growth, with an average of at least 25%. These performance results often imply that a company is growing fast even if the general economy is slowing down or even in recession.
The current Annual EPS Growth for Enerplus Corp is 350% which is greater than the 30% average found is strong trending, fundamentally sound companies.
Quarterly EPS Growth – Outstanding earnings growth in the most recent quarters can be the single most important trait that identifies winners before they start their major price advances. Generally, the bigger the earnings growth, the better. Specifically, look for a company’s earnings per share up at least 25-30% vs. the year-ago level in the most recent quarter or two. Gains of 50%, 100% or more are typical of strong market leaders even before they make their huge price moves. There’s really nothing magic about this connection. Successful companies generate the strongest profit gains, regardless of the economic cycle. Even during periods when corporate profits are weak in general, you still find standouts that achieve massive earnings growth.
The current Quarterly EPS Growth for Enerplus Corp is 575% which is greater than the 25% average found is strong trending stocks even during or before huge price moves.
Quarterly Sales growth – A company’s annual and
quarterly rate of increase in revenues (sales). A measure of growth and
success as long as it is accompanied by an equally strong rate of
increase in earnings per share. You want to see both in a potential
investment. A company’s quarterly EPS gain should be supported by an
increase in revenue (sales) of at least 25% or at least by an
acceleration in sales growth in the past few quarters. You also should
watch out for earnings growth that comes amid falling sales. Companies
with declining revenue often boost their EPS results through layoffs or
other cost cuts, especially in an uncertain economic environment. But
this isn’t a sustainable approach, and it’s definitely not as desirable
as profit gains that come from higher revenue. Recent quarterly sales
results are more critical when it comes to researching stocks.
The current Quarterly Sales Growth for Enerplus Corp is 33.44% which is greater than the 25% average found is strong trending stocks.
Trade Setup
| Buy Target $9.53 | Sell Target 1 $11.18 |
| Trailing Stop 20% | Sell Target 2 $13.07 |
