ERF:CC - Enerplus GAAP EPS of $0.99 revenue of $580.46M
- Enerplus press release ( NYSE: ERF ): Q2 GAAP EPS of $0.99.
- Revenue of $580.46M.
- Outlook:
- Based on strong operating and financial performance through the first half of 2022 and to date, a robust free cash flow outlook, and the recently announced divestment of assets in Canada, Enerplus is increasing its return of capital to shareholders. Under its updated framework, the Company plans to return at least 60% of its free cash flow to shareholders (from 50% previously) commencing in the second half of 2022 and continuing through 2023.
- Enerplus is also increasing its minimum 2022 return of capital commitment to $425 million, from $350 million previously..
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Enerplus GAAP EPS of $0.99, revenue of $580.46M