ENERPLUS CORP (ERF) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ENERPLUS CORP (ERF) from NEUTRAL to UNDERPERFORM on May 22, 2012, with a target price of $13.50.

Enerplus Corporation, formerly known as Enerplus Resources, is an independent oil and gas production company with resources across Western Canada and the United States. The Company's resource plays include shallow gas/coal bed methane, tight gas, crude oil waterfloods, Bakken/Tight oil and oil sands located in British Columbia, Alberta, Saskatchewan and Manitoba. Enerplus Corporation is based in Alberta, Canada.

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