Enerplus Corporation (ERF) is an independent exploration and production company with operations throughout North America. Although the company was originally a Canadian royalty trust and is one of the largest independents in Canada, it has since expanded from its roots and is now active in some of the most prominent basins in the United States. Admittedly, there is still a great deal of fear surrounding independent upstream companies due to the still low energy price environment, but Enerplus has a long history of being able to prosper throughout the whole cycle. Let us investigate and