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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSX:CJ)

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Comment by VeritasVernon Jun 03, 2024 11:55am

RE:RE:RE:OPEC+ extends deep oil production cuts into 2025

I was quite sure they had stopped with releasing the Strategic Reserves and were adding to it when prices declined below $79. At $74 they will be adding some again to the SPR which is supportive ...more  
Comment by GoldenArm1on Jun 03, 2024 11:38am

RE:RE:OPEC+ extends deep oil production cuts into 2025

You forget one thing. The US under FJ Biden, has been using it's own reserves to combat inflation so Biden can win the election. Price of oil in Spot market is kept in check but in reality the US ...more  
Comment by VeritasVernon Jun 03, 2024 11:12am

RE:OPEC+ extends deep oil production cuts into 2025

We have seen this before - after an OPEC+ meeting where they extend production cuts the oil market declines sharply. The fact that WTI is down more than 3.1% it appears as if intended to send a ...more  
Comment by loopsbutterflyon Jun 03, 2024 10:19am

RE:RE:RE:RE:wti in free fall

time will see if I am right
Comment by loopsbutterflyon Jun 03, 2024 10:17am

RE:free fall or not

gap down this morning...lol
Comment by JohnBP1on Jun 03, 2024 6:35am

RE:OPEC+ extends deep oil production cuts into 2025

Nice one Q1, thanks, let's see what happens.
Post by Quintessential1on Jun 02, 2024 7:06pm

OPEC+ extends deep oil production cuts into 2025

That ought to buoy oil prices and the stock and the divy. https://www.reuters.com/business/energy/opec-seen-prolonging-cuts-2024-into-2025-two-sources-say-2024-06-02/ GLTA
Comment by lashingon Jun 01, 2024 2:02pm

RE:RE:RE:With a PE of 10 we have lots of room to grow

So why are you not buying all in, refinancing the house etc? Just do it. 
Comment by CJInvestoron Jun 01, 2024 8:57am

RE:RE:With a PE of 10 we have lots of room to grow

I didn't say that was my target to sell. I said it's the implied value. Go to any site that shows technical analysis and implied price and see it's over 8 right now. I am on a time horizon ...more  
Comment by UltraTiredon May 31, 2024 4:17pm

RE:With a PE of 10 we have lots of room to grow

So, if it hits $8, are you still buying stocks? Or are you dumping?  If you aren't willing to buy at $8, then why do you expect others to buy at $8????
Post by CJInvestoron May 31, 2024 2:01pm

With a PE of 10 we have lots of room to grow

Amazing xdivvy day for cj. Should be an 8 buck stock. Sooner or later everyone else will realize this and we will float higher and higher. For now we can DRIP our shares at an ultra low rate for max ...more  
Post by loopsbutterflyon May 30, 2024 1:24pm

free fall or not

up down...up down... make your bet hold long and prosper gracias   grinnnn
Comment by francoisl13on May 30, 2024 1:22pm

RE:RE:RE:RE:RE:Is today

Here's the link regarding the change made to the settlements; TMX Settlement rules change
Comment by loopsbutterflyon May 30, 2024 10:26am

RE:RE:RE:RE:Is today

wrong the last day is today May 30(you can buy and be at the record for tomorrow May 31 and you will get the dividend. the settlement is just one day(new rule in place)
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