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        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
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Money to be
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        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.