So many large oil and gas companies are looking to unload assets to clean up their balance sheets that it's hard to get a decent price for the assets. Most of these sell-offs are to help companies bring their debt levels back under control, but that isn't always the case. Enerplus (NYSE:ERF) has a pretty clean balance sheet, so despite its desire to sell off some of its assets, it can afford to hang onto them for a little while longer. 

This kind of financial flexibility puts Enerplus ahead of the game compared to some of its peers. In this video, contributor Tyler Crowe looks at Enerplus' balance sheet, compares it to some competitors, and explains why waiting to sell is the right move for this company.

Motley Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow him at under the handle TMFDirtyBird, on Google +, or on Twitter, @TylerCroweFool.

The Motley Fool owns shares of Apache and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.