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- What makes Enterra different?
In comparison with many of its peers, Enterra Energy Trust holds a balanced production portfolio comprised of approximately 52 percent natural gas and 48 percent crude oil and natural gas liquids. Enterra also maintains portfolio balance through geographical diversification with production and assets split relatively evenly between the United States and Canada. Enterra has the financial and operational flexibility for both internal growth through the drill bit and accretive external growth targeted through prudent and timely asset acquisitions. - Where do Enterra Energy Trust's units trade, and what is the symbol?
Enterra Energy Trust's units trade on the Toronto Stock Exchange (TSX) under the ticker symbol ENT.UN and the New York Stock Exchange (NYSE) under the symbol ENT. The Trust also has two debentures listed on the TSX – ENT.db and ENT.db.a. - How much are Enterra’s monthly distributions to unitholders?
In September 2007, Enterra's Board of Directors suspended the monthly distribution payment to unitholders. The Trust does not have any plans at this point to reinstate the distributions as it continues to focus on maintaining its balance sheet and replacing and growing reserves. Any further decisions will be communicated via news release. - What are my personal tax implications?
Enterra recommends that all holders or potential holders of Enterra units obtain independent legal or tax advice regarding their particular tax consequences. For general guidance with respect to income tax reporting, please refer to our Tax Information section. - What is Enterra's hedging program?
Enterra maintains an active risk management program, using price collars and avoiding fixed price sales, so that we are less exposed to significant short-term swings in commodity prices. For a detailed list of Enterra's hedging positions, please see our most recent Financial Report. - What is Enterra's RLI?
At year-end 2008, Enterra's Reserve Life Index ("RLI") was approximately 7 years. The RLI was calculated using the estimated proved and probable reserves of the Trust at December 31, 2008, divided by the 2008 exit rate of production. - Whom can I contact regarding unit certificates?
Please contact Enterra's transfer agent:
Olympia Trust Company
Suite 2300, 125 – 9th Avenue S.E.
Calgary, AB T2G 0P6
(403) 261-0900 - Does Enterra have any analyst coverage?
Enterra currently has no analyst coverage. - What is Enterra’s production?
Enterra had average production of 10,059 boe per day in Q2 2009. - What is Enterra’s production mix?
As of Q2 2009, production was relatively balanced at approximately 48 percent oil and natural gas liquids (NGLs) and 52 percent natural gas. The Trust seeks to maintain a balanced production profile in part to manage commodity cycle risks.
