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Enerplus Q1 Adjusted Earnings Per Share C$0.30


Friday, 10 May 2019 06:00am EDT 

May 10 (Reuters) - Enerplus Corp ::ENERPLUS ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE C$0.30.Q1 EARNINGS PER SHARE C$0.08.2019 PRODUCTION GUIDANCE INCREASED TO 97,000 TO 101,000 BOE PER DAY.PRODUCTION IN Q1 AVERAGED 88,583 BOE PER DAY, DOWN 9% FROM PRIOR QUARTER.2019 CAPITAL SPENDING GUIDANCE RANGE NARROWED TO $590 TO $630 MILLION.Q2 PRODUCTION IS EXPECTED TO AVERAGE 97,500 TO 100,000 BOE PER DAY.PRODUCTION IN Q1 AVERAGED 88,583 BOE PER DAY.2019 PLANS REMAIN ON TRACK.CAPITAL SPENDING IS EXPECTED TO INCREASE IN Q2 PRIMARILY DUE TO A HIGHER NUMBER OF WELL COMPLETIONS IN NORTH DAKOTA.SEES REVISED 2019 CAPITAL SPENDING OUTLOOK TO $590-$630 MILLION FROM $565-$635 MILLION).SAW PRODUCTION DECLINE IN Q1 AS A RESULT OF 2018 INVESTMENT PROFILE. 

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10.33
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26 Jun 2019