Enerplus (ERF) Posts Q3 Loss of 42c/Share

November 14, 2016 8:48 AM EST
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Enerplus (NYSE: ERF) reported Q3 EPS of ($0.42), $0.40 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $188.3 million versus the consensus estimate of $173.16 million.

Enerplus generated third quarter funds flow of $80.1 million, up 5% from the previous quarter, primarily due to higher realized crude oil and natural gas prices and lower operating expenses, partially offset by lower production volumes and lower realized commodity hedging gains.

For earnings history and earnings-related data on Enerplus (ERF) click here.

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