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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

TSX:CJ - Post Discussion

View:
Post by bows333 on Jan 17, 2024 7:56am

Oil price

China apparently thinks oil is cheap at these prices. Their refineries are locking up contracts at current prices for delivery later this year.
Comment by loopsbutterfly on Jan 25, 2024 6:04pm
yeah that's a good thing for them. us federal reserve is building too.
Comment by jx7000 on Jan 26, 2024 12:10pm
The CCP have no choice; they have to buy from world sources so get it while it's cheap.
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