200889403 - 1_ha84jwp9 - PID 1851201 Hello I am Ted Dixon with your INK morning report preview for November 12th: Oil patch offers growth investors opportunity. We end off the week in the traditional oil & gas exploration and production space. The oil patch has enjoyed some spectacular gains since crude oil futures briefly traded into negative territory on April 20, 2020. Since that day, the S&P/Capped Energy Index is up 179.5%. Some stocks have done significantly better, and Enerplus is one of those names. The stock is up 397.7% since April 20, 2020, and up 55.5% since our July 14th update on it here. That leaves us wondering if it has the potential to continue outperforming. At least one insider seems to think so, buying after the company released Q3 results on November 4th. Indeed, for investors looking for growth opportunities, crude and liquids tilted Enerplus is offering just that. Last week they upped 2021 production guidance to 114,750 barrels of oil equivalent per day and for 2022, they expect to produce 122,000 boe per day with about 75,000 boe per day being liquids. Meanwhile, trailing 12-months cash flow it is on the rise and that has allowed the company to boost its dividend by 8% and expand its share buyback program. For investors with a growth mandate, the oil patch remains a place worth visiting. Well that’s it for today. Thanks for stopping by and click on the notify button under this video on INK Ultra Money to be notified when we have our next preview available. You can also follow us on Twitter @inkresearch. Well, I hope to see you again next week as we let the insiders guide us to opportunity this fall. This is not a recommendation to buy or sell securities and nothing in this video or in INK reports should be considered financial advice information is for educational purposes INK employees may hold an interest in any stock mentioned in our videos or in our reports.