BUZZ-Enerplus Corp: Raises output forecast for second time

Fri Nov 7, 2014 11:52am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Canadian oil and gas producer's Toronto-listed shares up 7.3 pct at C$16.34

** U.S.-listed shares up 8 pct at $14.39

** Company raises low-end of annual production guidance

** In August, company raised top end of forecast

** Company expects to achieve annual average liquids target

** Raises full-year capital spending guidance by 3.75 pct to C$830 million ($731 million)

** Up to Thursday's close, Toronto-listed stock had fallen 21 pct this year (1 US dollar = 1.1350 Canadian dollar)