Enerplus Corp ERF posted a loss in the first quarter.
Enerplus projects 2012 production to surge 10% to 83,000 barrels of oil equivalent per day.
Enerplus posted a quarterly loss of C$33.8 million, or 18 Canadian cents a share, versus a year-ago profit of C$29.5 million, or 17 cents a share.
US natural gas prices dropped 40% y/y in January-March quarter.
Enerplus shares closed at $16.82 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in