Enerplus Resources Fund (USA) (NYSE:ERF)

CAPS Rating: 4 out of 5

An energy investment trust, the primary focus of which is to maintain and enhance cash distributions to its unitholders through the development of its operating subsidiaries' existing in crude oil and natural gas properties

Recs

1
Player Avatar tennhogg (77.65) Submitted: 4/17/2009 9:17:38 AM : Underperform Start Price: $17.53 ERF Score: +2.53

ERF looks like a go to me. Regardless of what oil does in the future, natural gas is here to stay. Heavy
exploration and drilling is occuring in Northern Arkansas and this fits into production of agricultural anhydrous ammonia and the greening of America through less coal-fired energy production. Earnings history is good as well as debt. The dividend is good.
I pick it to trail the S&P for the near future.

Report this Post 2 Replies
Member Avatar TruffelPig (< 20) Submitted: 6/9/2011 10:36:19 PM
Recs: 0

Why have you thumbed it down then?

Member Avatar okiedivot (44.99) Submitted: 5/23/2012 10:14:49 AM
Recs: 0

Good call all around. Trailed S&P, CEO quit, and payout ratio is off the chart.

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