Enerplus: A Risky Player for Defensive Investors Summary: • Oil prices declined again after gaining momentum in the last week. • Enerplus is currently undervalued, but the company’s stock will face more pressure in the coming days. • Oil fundamentals are still bleak from increasing supplies and Iranian deals. • This is potentially a risky play for defensive investors. Enerplus Corp (ERF) has emerged as one of the worst beaten-down stocks over the past three months, ever since oil collapsed to six year lows in mid-August and crude hovered at around $45 a barrel for more than four weeks. Furthermore, the US Energy Information Administration (EIA) recently reduced its estimated average crude oil prices to $49 per barrel for this year and $54 per barrel for next year. These numbers are lower than its earlier estimates by $6 and $8 per barrel, respectively. This situation has strongly impacted the stock prices of U.S. and Canadian exploration & production companies, including Enerplus. The company's stock price touched its lowest level of …show more content…
ERF will create a selling opportunity until its third quarter results. Following these results, I believe its stock will again come under pressure based on the company’s poor results, along with its bleak future fundamentals. Enerplus has no answer to this situation except to maintain its financial strength while focusing on productivity improvements and cost control measures. Additionally, it is investing only in those projects where the expected returns justify the investment, and all this in a highly volatile market. The company’s strategy of investing in four key assets – consisting of North Dakota, Bakken, Three Forks, and Marcellus – has been fueling its production levels. However, due to falling oil and gas prices, Enerplus is now mainly investing in North Dakota, thanks to that asset’s high margin
The question or issue presented to the court and the date oral arguments are scheduled to be heard On Tuesday December 8, 2015 the Supreme Court examined if “one-person, one-vote rule” affords eligible voters any reasonable protection? The question for the case was as follows: Does the Equal Protection Clause of the Fourteenth Amendment require that districting take into account the number of voters rather than the total population? The Parties in the case Plaintiffs:
The passage of EMTALA in 1986 established a patient’s rights to receive care in emergent situations, including active labor, for all individuals in the United States. While the law ensured treatment for all individuals, despite their insurance and financial situation, many hospitals experienced increased costs and financial losses because of the inability of some patients not being able to pay for the services that were delivered. Organizations and physicians that are not compliant with EMTALA face image and financial repercussions, as well as potential lawsuits from the patient. The vagueness of the language for the standards of law has created confusion and continued clarification for healthcare administrators and physicians trying to remain
Along with creating new jobs, the Dakota Pipeline transports crude oil. We should continue construction of the Dakota Pipeline is to increase production of crude oil. Our country uses more crude oil than any other country. We need to bring our production of crude oil higher than our consuming rate. If we continue to use more crude oil than make it, our country will depend more and more on foreign oil when we should be relying on ourselves.
Although larger systems impact the isolation of people disabilities, the institutional programs further inhibit the participation in the community. As of now, Anixter is a closed system, standing alone without working with other systems. The only other system that they work with is governmental assistance due to billing. I think it is very possible to provide services for people while at the same time trying to change the systems. IN working with other systems, Anixter can assist their clients in developing skills that allows them to interact naturally and successfully in their social environments.
There is No One-Size-Fits-All Electronic Medical Records (EMR) Solution Every medical organization has a unique rhythm and workflow patterns. That’s why best-in-class EHR software and PM solutions designed by healthcare professionals, for healthcare professionals offer superior functionality and flexibility to adapt in diverse environments. When physicians, clinicians and facility administrators actively participate in software design and development, the result is an electronic tool that supports efficient, productive administrative task management and improves patient experiences throughout the provider/patient relationship. MediPro Offers Best-Fit EMR Software Solutions Ideally, software features meet practice-specific needs while improving record accuracy, streamlining
How did John D. Rockefeller become the wealthiest man in American history? A simple question student may ask themselves, but a simple answer. Primarily, John D. Rockefeller was an American oil industry magnate, born July 8th, 1839, in Richford, New York. Rockefeller built his first oil refinery near Cleveland and established an oil company named Standard Oil in 1870, an oil-based company with top oil refineries in America. By 1882, Rockefeller earned a monopoly of the oil business in the U.S. Rockefeller is considered the wealthiest person in modern American history.
On 10/24/2015 FTO Eder #430, and I, Ofc O'Barr #3888, were operating as Bravo-25 in a uniform patrol capacity. At 2341 hours we were dispatched to 1076 Ellen Ct in reference to an ongoing disturbance. Upon arrival I met with Jamie Cox who advised she was the victim of a battery. Cox advised she and several friends were at Twin Oaks Sports Bar when a man only known as "Nick" began a conversation with Cox's boyfriend, Jonathan Newman. After both men went outside an unidentified woman who was described as a heavy set Caucasian with a blue shirt approached Cox and told her, "this is our bar and you should leave".
Boom or Bust Just a few years ago Williston, North Dakota, was a quiet small town, with a population of around 12,000. Due to the oil prices and drilling, Williston is America’s biggest oil boom and had over 40,000 residents. The oil boom has caused many problems in North Dakota such as increasing the crime and social problems, housing and roads. There is a lot of wear and tear on the roads, because of the thousands of trucks that are hauling oil, water and other fracking components. According to the Department of Transportation, the state has invested $1.16 billion into the roads.
The Gold Rush was one of the great movements westward, one that marked an American tendency of uprooting one’s life in the pursuit of wealth. Over 100 years later, the turn of the century marked another great exodus that paralleled that of 1849. The motivation for this movement is no longer a lust for gold but now, a thirst for oil. Within the past seven years, North Dakota has seen the largest oil boom in modern history; small, sleepy Midwest towns have been turned into booming oil towns accompanied by the backdrop of constantly working drilling rigs, a sight that used to only be seen in the oil rich Middle East. Thousands of jobs were created by this new industrialization and North Dakota’s economy is flourishing.
The goal of this literature review is to show the importance of incorporating evidence based practice (EBP) into the clinical and education setting of nursing. EBP education needs to be added to yearly nursing competencies in all settings of healthcare delivery. While EBP and protocols should never replace clinical critical thinking on an individual, patient to patient level, the community deserves the best care, which is current evidence-based. Nurses are accountable for their choices in practice, EBP empowers nurses to question rationale of protocols and physician orders. There has been an attempt to implement EBP into the clinical practice of the healthcare system nationwide.
In the case of NRT Technology Corp v. The Queen the courts concluded that one receipt and one maintenance call being the only activities of the purported business during a year caused the business operations to effectively be ceased and were deemed not carried on throughout the year. RB E&P has zero intentions of interrupting Quicksand’s business, however, in the current commodity price environment, RB E&P may consider shutting in limited Quicksand production which is deemed uneconomic due to higher associated lifting and operating costs. As commodity prices gain strength, RB E&P expects to continue profitably developing Quicksand’s land base, focusing on plays that meet its investment return criteria and growing production over the long term. Notwithstanding that, Quicksand will continue to produce from its economic asset plays. RB E&P will also continue to exploit horizontal well drilling techniques and drop-ball/perf and plug multi-state fracturing completion methods from Quicksand’s proven reservoir engineering expertise and operational staff.
Since BP was the main operator of the Macondo project, BP will be the starting point for my research. In the first part of this study, I will describe BP as a company. I will discuss his business, the services they offer, and the industries in which they compete. By analyzing the business environment of BP, I can identify companies that may be affected indirectly by the oil spill, such as: For example, their competitors, suppliers and oilfield service providers. To understand changes in returns for the shareholders of the affected companies, we must first understand the scale of the economic consequences of the oil spill.
Exclusive: Himax Management Slams Oppenheimer for Inaccurate Report In an exclusive email to Smarter Analyst, Luke Zimmerman from MZ Group, Investor Relations for Himax Technologies leveled harsh criticism against Andrew Uerkwitz an analyst from Oppenheimer. In his report issued on July 14, 2017 and as reported on by Smarter Analyst on Monday, Uerkwitz made a number of assertions regarding technology, production and market share that Himax management outright rejects. In regard to the production, competition and shipment of new technology, Uerkwitz made the claim that “HIMX is lagging competitors winning new designs”. However company management fired back writing that they: “Begun shipping TDDI products and most importantly, WLO/DOE 3D scanning component shipping has begun in June, and will accelerate for the remainder of 2017.
However, having have too much of a varied economy and a skilled population to suffer a death blow even if our energy industry continues to contract. Over the past 6 months, Rigs are being shut down and more than 20,000 energy workers in this country have been laid off since crude and natural gas prices started to collapse this past fall. Through this period, the U.S. GDP has continued to grow. the oil and gas extraction sector added nearly $300 billion to the nation's GDP last year, that amount is still less than 2 percent of overall U.S. output and that jobs in the oil and natural gas industry amount to a tiny fraction of total, nonfarm
b) Shale oil is rapidly emerging as a substantial and comparatively low cost newly progressive resource in United States. The impending emergence of shale oil presents key strategic prospects and encounters for the oil and gas industry. It growths energy independence from many countries and yet at the same time reducing the stimulus of Organization of Petroleum Exporting Countries (OPEC). Derivatives markets have become increasingly important in the world of finance and investments. The objectives of hedging strategies using futures is to remove uncertainty on a price risk.