Cardinal Energy Ltd (Alberta) T.CJ

Logically irrational

[GoldenArm]

Oils is up, CJ's revenue are up 200%, hedge going forward to end of 2021 is 50% lower, profits are up 125% so logically, the market focused on the energy cost only (factored intho the growth by the way), going from $46/MW to $100/MW and said SELL!

I'm yelling BUY!

[divime1]

Oil stocks will have their day if WTI holds over $ 70 . SU is down 2 % on their numbers .  Logically irrational indeed . The company recorded operating earnings of $722 million ($0.48 per common share) in the second quarter of 2021 compared to an operating loss of $1.345 billion ($0.88 per common share) in the prior year quarter. The company had net earnings of $868 million ($0.58 per

[Rational43]

And Facedrive is a Billion dollar company by kind of pretending to help some people find other people to get greenish taxi rides...while Cardinal is a huge net capture and sequester of CO2, in a space where every large company is under pressure to find a way to reduce their CO2 emissions....and nothing.