Thursday, April 9, 2015

Best Supermarket Stocks To Watch Right Now

Best Supermarket Stocks To Watch Right Now: Enerplus Corporation (ERF)

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in United States and Canada. As of December 31, 2011, it had 322 MMBOE of proved plus probable reserves. The company also held a portfolio of approximately 380,000 net acres of land comprised of 75,000 net acres at Fort Berthold targeting the Bakken and Three Forks; 65,000 net acres in the Duvernay; 33,000 net acres in the Montney; 67,000 net acres in the Stacked Mannville; 30,000 net acres in the Cardium and other emerging oil plays in Canada; and 110,000 net acres in the Marcellus. In addition, it had 120 gross producing wells. The company was founded in 1986 and is headquartered in Calgary, Canada.

Advisors' Opinion:
  • [By RichardCox]

    The first stock choice we look at here is Enerplus Corp. (ERF), which has most of its resources invested in Western Canadian properties that are in the mature development stage. This puts the company in a solid position (as far as risk protection) for two reasons: The company is largely shielded from potential supply disruptions if Middle East conflicts cause transport blockages at the Suez Canal. Furthermore, Canada holds its position as the largest source of U.S. oil imports -- nearly doubling what is sent annually by Saudi Arabia. Yearly numbers for 2012 put Canadian oil imports at roughly 2.8 million barrels in a supportive trend that helped second-quarter earnings at Enerplus rise by 10%. The fundamental sector outlook is suggestive of additional runs higher in Enerplus, and these should begin to gain traction once the external uncertainties (political gridlock, stimulus tapering) begin to resolve themselves. The stock also comes with a 6.4% dividend yield, which will help investors weather the storm if the recent declines in oil extend fur! ther.

  • [By RichardCox]

    The first to look at is the Enerplus Resources Fund (ERF), which places most of its focus on Western Canadian properties in the mature development stage and is the largest oil and natural gas income fund in North America. For the second quarter, the company's annual production levels rose by 10%, and its diversified portfolio of high-quality growth resources puts Enerplus in a strong position to benefit from demographic trends and rising oil prices. Year-to-date, ERF has seen rallies of nearly 30% but the latest pullback in market valuations offers a new opportunity for investors to get long and gain exposure to energy markets without the added risks of companies that could be vulnerable to trade route disruptions in the Middle East (for example, in the all-important Suez Canal). With its $3.4 billion market cap and 6.4% dividend yield, Enerplus offers a stable alternative for playing energy markets and recent weakness in both commodities and the stock price itself should be viewed as a buying opportunity.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/best-supermarket-stocks-to-watch-right-now-4.html

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