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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

Cardinal Energy Ltd (Alberta) > 🚩This stock is down 20 % from the same time last year.🚩
View:
Post by Dollars4Pennies on Jan 18, 2024 8:18pm

🚩This stock is down 20 % from the same time last year.🚩

In the middle of January 2023 the stock was trading at $7.90 and it is now trading at $6.30. That's a drop of 20 %. Even if you factor in the dividends you are still down.

I wonder where the share price will go now that oil is falling in price ?
Comment by meritmat on Jan 18, 2024 9:14pm
whole sector is down.   Painfull 
Comment by loopsbutterfly on Jan 18, 2024 9:17pm
Dont worry man it is not a speculative play like so much other penny stocks in the junior tsx-ventures you can sleep at night 1-collect the dividend($$$) 2-write a call out of the money($$$) HOLD LONG AND PROSPER !!!
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