Enerplus posts 1st-quarter loss of $126.6 million

CALGARY – CALGARY, Alberta (AP) _ Enerplus Corp. (ERF) on Friday reported a loss of $126.6 million in its first quarter.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 61 cents. Losses, adjusted for one-time gains and costs, were 5 cents per share.

The oil and natural gas company posted revenue of $104 million in the period.

The company’s shares closed at $4.95. A year ago, they were trading at $12.14.


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Keywords: Enerplus, Earnings Report