Enerplus (Enerplus) Capex-to-Revenue : 0.26 (As of Dec. 2023)

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What is Enerplus Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Enerplus's Capital Expenditure for the three months ended in Dec. 2023 was $-107.01 Mil. Its Revenue for the three months ended in Dec. 2023 was $414.54 Mil.

Hence, Enerplus's Capex-to-Revenue for the three months ended in Dec. 2023 was 0.26.

Enerplus Capex-to-Revenue Historical Data

The historical data trend for Enerplus's Capex-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Enerplus Capex-to-Revenue Chart

Enerplus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Revenue

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0.49

0.40

0.23

0.21

0.33

Enerplus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Capex-to-Revenue	Get a 7-Day Free Trial															0.19	0.21	0.48	0.37	0.26

Competitive Comparison of Enerplus's Capex-to-Revenue

For the Oil & Gas E&P subindustry, Enerplus's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Enerplus's Capex-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enerplus's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Enerplus's Capex-to-Revenue falls into.

Enerplus Capex-to-Revenue Calculation

Enerplus's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-552.113)	/	1694.333
	=	0.33

Enerplus's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-107.012)	/	414.537
	=	0.26

Enerplus (NYSE:ERF) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.

Enerplus Capex-to-Revenue Related Terms

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Enerplus (Enerplus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerplus Corp (NYSE:ERF) » Definitions » Capex-to-Revenue

Comparable Companies

Traded in Other Exchanges

E17:Germany ERF:Canada

Address

3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1

Website

https://www.enerplus.com

Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The 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.