Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by sclardaon Aug 01, 2022 9:08pm
215 Views
Post# 34864749

RE:RE:RE:RE:RE:RE:RE:CJ

RE:RE:RE:RE:RE:RE:RE:CJ 7Twiggy wrote

Why don't you two guys/gals exchange emails and take your ego fight someplace else. I don't think any one here has the time to read those short essays you post. Bottom line is this stock is going up and looks like it will continue for some time. Who really cares if they raise the divident. Makes sense to see the stock appreciate in value.  If one Retail investor has $20,000 invested in Cardinal a 1% dividend hike would give you about 17 bucks a month. That might buy you a meal at a fast food restaurnant. 

-------------------------------------------------------------------------------

  "I dont think anyone here has the time to read those short essays you post."  

Funny thing is my previous "Essay" has  490 views while you are lucky to get a quarter of that so i guess somebody has the time to read them. Seems like a lot of posters would rather read posts about the companies finances  and prospects rather than the highly useful information you post such as.

Its being held  back. I think we will move into the $9s today.  Could be a buyout coming.  Yes were building a base today. Interesting to see how this holds up.  Fun to watch the brokers  trying to keep this from breaking $9.30

Yes you are a real asset to this board thats for sure.

As for Johndoe it appears that he has a little trouble with basic math thats why he is confused by my posts as i t appears everyone else seems to understand them.  I have tried to make it as simple as i can for him but hes still confused. It appears very hard for him to understand that using Free Cashflow minus dividends and bank payments is the same thing as using Cashflow subtracting capex, dividends and bank payments. I guess the poor fellow can only do one math calculation at a time if that. 

The whole point of my last few posts is to point out that CJ at current oil prices will not have enough money to raise the dividend substantially, buy back shares and pay off all debt by the end of the year a point that Jonny agreed with but then says management  will lose credibility if they dont increase dividends and buybacks. Yes but wont they also lose credibility if they dont pay off all the debt by the end of the year  as they have promised which they wont be able to do if they raise the dividend  and do share buybacks.  Thats the whole point you door knob. They wont be able to do all the things they promised as they wont have enough money to do everything promised. Instead of just rambling on about nothing all day just try to listen to what my posts say even if they sometimes are a little long.

These two make a nice pair. Dumb and Dumber.







<< Previous
Bullboard Posts
Next >>