HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ:CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX:ERF) (NYSE:ERF) ("Enerplus") announced today the completion of their previously announced business combination (the "Arrangement"). The Arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King's Bench of Alberta on May 28, 2024. "We are excited to complete the combination with Enerplus, creating a premier Williston Basin operator with enhanced scale, significant low-cost inventory, financial strength, and peer-leading shareholder returns," said Da

TORONTO, May 28, 2024 /CNW/ - The shareholders of Chord Energy Corporation (NASD: CHRD) and Enerplus Corporation (TSX:ERF) (NYSE:ERF) have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Enerplus will be exchanged for 0.10125 shares of Chord and US$ 1.84 cash. Enerplus will be removed from the S&P/TSX Composite Index prior to the open of trading on May 31, 2024. The shares outstanding of Chord will be increased at the same time to reflect the issuance of shares. For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essentia

CALGARY, AB, May 24, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX:ERF) (NYSE:ERF) announced today that the Company's shareholders have voted to approve the previously announced plan of arrangement (the "Arrangement") which provides for the acquisition by Chord Energy Corporation ("Chord"), through its wholly-owned subsidiary Spark Acquisition ULC, of all of the outstanding common shares of Enerplus. The Arrangement was approved by approximately 99.6% of votes cast by Company shareholders at a special meeting held today to consider the Arrangement. The Company also announced the transaction has received Investment Canada Act approval. The Arrangement is expected to cl

CALGARY, AB, May 23, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX:ERF) (NYSE:ERF) today announced a special cash dividend in connection with its previously announced transaction with Chord Energy Corporation ("Chord"). The transaction is anticipated to close on or about May 31, 2024, subject to receipt of the approval of Enerplus' shareholders at the special meeting of the shareholders scheduled to be held on May 24, 2024, receipt of the final order from the King's Court of Alberta and the satisfaction of remaining customary closing conditions. Special DividendAs Enerplus expects the transaction to close on May 31, 2024, Enerplus' Board of Directors declared a specia

All amounts in this news release are presented in United States dollars unless otherwise specified. All financial information contained within this news release has been prepared in accordance with U.S. GAAP. Production information, unless otherwise stated, is presented on a net basis (after deduction of royalty obligations). This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Notice Regarding Information Contained in this News Release" and "Non-GAAP and Other Financial Measures

CALGARY, AB, May 8, 2024 /CNW/ - Enerplus Corporation ("Enerplus") (TSX:ERF) (NYSE:ERF) today announced its quarterly cash dividend in the amount of US$0.065 per share will be payable on June 4, 2024, to all shareholders of record at the close of business on May 22, 2024. The ex-dividend date for this payment is May 21, 2024. The US$0.065 per share dividend is equivalent to approximately CDN$0.089 per share if converted using the current US/Canadian dollar exchange rate of 1.37. The CDN dollar equivalent dividend will be based upon the US/Canadian exchange rate closer to the payment date. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes

CALGARY, AB, April 26, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX:ERF) & (NYSE:ERF) will be releasing operating and financial results for the first quarter of 2024 after markets close on Wednesday, May 8, 2024. Electronic copies of our 2023 interim and 2022 year-end MD&A and Financial Statements, along with other public information including investor presentations, are available on our website at www.enerplus.com. Shareholders may request a hard copy of Enerplus' complete audited financial statements at any time free of charge. For further information, please contact Investor Relations at 1-800-319-6462 or email [email protected]. About EnerplusEnerplu

CALGARY, AB, April 25, 2024 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX:ERF) (NYSE:ERF) announced today that it has filed the management information circular and proxy statement and related meeting materials (the "Meeting Materials") for the special meeting of holders ("Shareholders") of common shares (the "Common Shares") of Enerplus to be held on May 24, 2024 at 10:00 a.m. (Calgary time) (the "Meeting"). At the Meeting, Shareholders will be asked to vote on the previously announced plan of arrangement which provides for the acquisition by Chord Energy Corporation ("Chord"), through its wholly-owned subsidiary Spark Acquisition ULC ("AcquireCo"), of all of the outstandi

HOUSTON and CALGARY, AB, April 8, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ:CHRD) ("Chord" or "Chord Energy") and Enerplus Corporation (TSX:ERF) (NYSE:ERF) ("Enerplus") announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with the pending combination between Chord and Enerplus, expired on April 5, 2024. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the previously announced combination between Chord and Enerplus in a stock-and-cash transaction. The transaction is expected to close in the second quarter of 2024, subject to satisfaction o

CALGARY, AB, Feb. 21, 2024 /CNW/ - Enerplus Corporation ("Enerplus") (TSX:ERF) (NYSE:ERF) today announced that its dividend will increase 8%, to US$0.065 per share, effective with the March 15, 2024 dividend, which is payable to all shareholders of record at the close of business on March 4, 2024. The ex-dividend date for this payment is March 1, 2024. The US$0.065 per share dividend is equivalent to approximately CDN$0.088 per share if converted using the current US/Canadian dollar exchange rate of 1.35. The CDN dollar equivalent dividend will be based upon the US/Canadian exchange rate closer to the payment date. Payments to shareholders who are not residents of Canada will be net of any

RBC Capital Mkts downgraded Enerplus from Outperform to Sector Perform and set a new price target of $22.00 from $21.00 previously

Barclays upgraded Enerplus from Equal Weight to Overweight

Scotiabank downgraded Enerplus from Sector Outperform to Sector Perform

Scotiabank upgraded Enerplus from Sector Perform to Sector Outperform

Scotiabank downgraded Enerplus from Sector Outperform to Sector Perform

Scotiabank upgraded Enerplus from Sector Perform to Sector Outperform and set a new price target of $10.00

Scotiabank upgraded Enerplus from Sector Perform to Sector Outperform

Scotiabank downgraded Enerplus from Sector Outperform to Sector Perform

Scotiabank downgraded Enerplus from Outperform to Sector Perform and set a new price target of $9.25

Stifel Nicolaus reiterated coverage of Enerplus with a rating of Buy and set a new price target of $10.00 from $6.25 previously

CALGARY, AB, May 23, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX:ERF) (NYSE:ERF) today announced the appointment of Mr. Ward Polzin to its board of directors. Mr. Polzin is the Founder and Executive Chairman at Camino Natural Resources. He is a Venture Partner of NGP Energy ("NGP"), a private equity investment firm based in Dallas, TX, and brings with him over 35 years of leadership, engineering, commercial, financial, and investing experience in the energy industry. "We are very pleased Mr. Polzin will be joining the board of Enerplus," said Ian C. Dundas, President and CEO. "His experience leading companies and his deep understanding of the E&P industry will add valuable perspectiv

CALGARY, AB, May 5, 2023 /CNW/ - Enerplus Corporation ("Enerplus" or the "Corporation") (TSX:ERF) (NYSE:ERF) is pleased to announce the voting results from its Annual Meeting held on Thursday, May 4, 2023. Each of the matters is described in greater detail in the 2023 Notice of Annual Meeting and Information Circular and Proxy Statement dated March 14, 2023 (the "Circular"). 1. Election of DirectorsShareholders elected the following eight nominees as Directors of the Corporation who will serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed: Name of Nominee Votes For Percent Votes Withheld   Percent Hilary A. Foulkes 10

CALGARY, AB, Oct. 11, 2022 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX:ERF) (NYSE:ERF) today announced the appointment of Ms. Sherri A. Brillon to its board of directors. Ms. Brillon has over 35 years of experience in the oil and gas industry. From 1985 to 2019, Ms. Brillon held various positions of increasing responsibility at Encana Corporation (now known as Ovintiv Inc.) which included serving as Executive Vice-President and Chief Financial Officer for a decade prior to her retirement in 2019. At Encana, Ms. Brillon was responsible for directing the financial operations of the organization as well as implementing Encana's business strategy through multiple strategic tr

CALGARY, AB, May 5, 2022 /CNW/ - Enerplus Corporation ("Enerplus" or the "Corporation") (TSX:ERF) (NYSE:ERF) is pleased to announce the voting results from its Annual Meeting held on Thursday, May 5, 2022.  Each of the matters is described in greater detail in the 2022 Notice of Annual Meeting and Information Circular and Proxy Statement dated March 15, 2022 (the "Circular"). 1.     Election of Directors Shareholders elected the following nine nominees as Directors of the Corporation who will serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed: Name of Nominee Votes For Percent Votes Withheld    Percent Hilary A. Foul

CALGARY, AB, March 17, 2022 /CNW/ - Enerplus Corporation ("Enerplus") (TSX:ERF) (NYSE:ERF) today announced the appointment of Mr. Mark A. Houser to its board of directors. Mr. Houser has spent his career in the energy industry, most recently as the founder and principal of Symphero Energy Solutions, LLC, an advisory services company in the oil and gas and renewable energy development markets. Prior to starting Symphero Energy Solutions, Mr. Houser served as Chief Executive Officer of University Lands from 2015 to 2021, which manages the surface and mineral interests of 2.1 million acres of land in West Texas. Prior to that, he held multiple executive roles for Enervest, Ltd. from 1999 to 201

CALGARY, AB, May 6, 2021 /CNW/ - Enerplus Corporation ("Enerplus" or the "Corporation") (TSX:ERF) (NYSE:ERF) is pleased to announce the voting results from its Annual Meeting held on Thursday, May 6, 2021.  Each of the matters is described in greater detail in the 2021 Notice of Annual Meeting and Information Circular and Proxy Statement dated March 16, 2021 (the "Circular"). 1. Election of Directors Shareholders elected the following nine nominees as Directors of the Corporation who will serve until the next annual meeting of shareholders of the Corporation, or until their successors are elected or appointed: 2. Appointment of Auditors  Name of Nominee  Votes For  Percent  Votes Withheld