11:26 AM EST - Enerplus Corporation : Today provided a corporate update in response to the market conditions resulting from the COVID-19 pandemic and decreased commodity prices. Enerplus' priority remains the health and safety of its employees, partners and the communities where it operates. The Company has introduced measures to protect the well-being of these stakeholders and is extremely proud of the dedication of its workforce to maintain safe operations and business continuity during these challenging conditions. The unprecedented impacts from the COVID-19 pandemic, as well as the excess global oil supply, poses significant challenges for our industry," said Ian C. Dundas, President and Chief Executive Officer of Enerplus. "Enerplus' strong balance sheet, robust commodity hedging position and operational flexibility provide a significant advantage during this difficult period." Enerplus Corporation
shares T.ERF are trading up $0.13 at $2.75.
