PXD - Enerplus: Focus On Free Cash Flow Positions It To Reward Stockholders
- Enerplus operates in the Canadian Waterfloods, the Bakken shale, and the Marcellus, which gives it a great deal of product diversity.
- The company is highly focused on generating free cash flow, which should allow it to reward shareholders.
- The company has been aggressively buying back its own stock, which it plans to continue doing this year.
- The company has managed to bring down its leverage recently, which should help it weather through should energy prices turn against it.
- The stock appears to be undervalued today.
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Enerplus: Focus On Free Cash Flow Positions It To Reward Stockholders