Enerplus (Enerplus) 5-Year Yield-on-Cost % : 3.20 (As of Apr. 28, 2024)

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What is Enerplus 5-Year Yield-on-Cost %?

Enerplus's yield on cost for the quarter that ended in Dec. 2023 was 3.20.

The historical rank and industry rank for Enerplus's 5-Year Yield-on-Cost % or its related term are showing as below:

ERF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.85 Med: 4.02 Max: 51.86
Current: 3.2

During the past 13 years, Enerplus's highest Yield on Cost was 51.86. The lowest was 1.85. And the median was 4.02.

ERF's 5-Year Yield-on-Cost % is ranked worse than
66.73% of 493 companies
in the Oil & Gas industry
Industry Median: 4.72 vs ERF: 3.20

Competitive Comparison of Enerplus's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Enerplus's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enerplus's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Enerplus's 5-Year Yield-on-Cost % falls into.

Enerplus 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Enerplus is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Enerplus (NYSE:ERF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Enerplus 5-Year Yield-on-Cost % Related Terms

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Enerplus (Enerplus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerplus Corp (NYSE:ERF) » Definitions » 5-Year Yield-on-Cost %

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.