Canadian oil and gas producer Enerplus Corp reported a quarterly profit that beat estimates on Friday as the company's strategy to focus on oil assets paid off.
* Shares up as much as 4.5
(Adds analyst comments, shares, details on results)
* ENERPLUS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017
AND OPERATING RESULTS AND 2017 YEAR END RESERVES
Feb 23 Canadian oil and gas producer Enerplus
Corp beat quarterly profit expectations on higher
prices for oil and natural gas.
* ENERPLUS CORP - PROJECTING APPROXIMATELY 10% TOTAL
GROWTH AND 20% LIQUIDS PRODUCTION GROWTH IN 2018
* Q3 earnings per share view C$0.10 -- Thomson Reuters