Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Ex-Dividend Reminder: Global Partners LP, Holly Energy Partners LP and Enerplus Corp
Wednesday, October 30, 10:02 AM ET, by Market News Video Staff
On 11/1/13, Global Partners LP (GLP), Holly Energy Partners LP (HEP), and Enerplus Corp (ERF) ...
ENY Makes Notable Cross Below Critical Moving Average
Friday, November 8, 10:58 AM ET, by Market News Video Staff
In trading on Friday, shares of the Guggenheim Canadian Energy Income ETF (ENY) crossed below ...
BTE Makes Bullish Cross Above Critical Moving Average
Thursday, November 14, 4:08 PM ET, by Market News Video Staff
In trading on Thursday, shares of Baytex Energy Corp (BTE) crossed above their 200 day ...
Reminder - Canadian Oil Sands Ltd. (COS.CA) Goes Ex-Dividend Soon
Monday, November 18, 9:59 AM ET, by Market News Video Staff
On 11/20/13, Canadian Oil Sands Ltd. (COS.CA) will trade ex-dividend, for its quarterly dividend of ...
Ex-Div Reminder for Imperial Oil Ltd. (IMO)
Wednesday, November 27, 9:58 AM ET, by Market News Video Staff
On 11/29/13, Imperial Oil Ltd. (IMO) will trade ex-dividend, for its quarterly dividend of $0.13, ...
Shares of ERF Now Oversold
By Energy Stock Channel Staff, Friday, November 9, 1:42 PM ET
In trading on Friday, shares of Enerplus Corp (NYSE:ERF) entered into oversold territory, changing hands as low as $12.72 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Enerplus Corp, the RSI reading has hit 20.8 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 38.4, the RSI of WTI Crude Oil is at 39.6, and the RSI of Henry Hub Natural Gas is presently 59.0.
A bullish investor could look at ERF's 20.8 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), ERF's low point in its 52 week range is $11.35 per share, with $28.29 as the 52 week high point — that compares with a last trade of $13.13. Enerplus Corp shares are currently trading down about 12.4% on the day.
According to the ETF Finder at ETF Channel, ERF makes up 3.28% of the Guggenheim Canadian Energy Income ETF (AMEX:ENY) which is trading lower by about 0.1% on the day Friday.
See what other ETFs contain ERF »
See what other stocks are held by ENY »
Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio
This Article's Word Cloud: