Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils in place (OOIP) and its low decline production of approximately 3,200 barrels of oil equivalent per day (boe/d) is supported by both water and carbon dioxide (CO2) enhanced oil recovery (EOR). Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large original oil in place (OOIP) pools. Its North area includes Grande Prairie, Clearwater, House Mountain, Mica, and Mitsue properties.

TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > Low volume

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Comment by GoldenArmon Nov 05, 2021 11:19am

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Post# 34092057

RE:RE:Low volume

Your not an investor Dave you're a clown. Look at the earnings and forward project is at $70/barrel but it is running at $80 right now. Dividends be damned the PE will drive the price up after next quarter and yes the price of oil matters not just to the stock but also to dividends. So stop pretending you are an investor in CJ because we know you don't own any share and you are hear to scare the fools out of their shares. LOOK at EPS for the Quarter people!

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