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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) > Light volume spiking price
View:
Post by ROIcrusader on Mar 04, 2022 12:57pm

Light volume spiking price

Nuttall on CJ:

7-9% dividend a few months out, 1.7x 2022 enterprise to CF and as previous poster mentioned does expect increasing dividend and a doubling in share price. 

https://www.bnnbloomberg.ca/market-call?jwsource=cl

<iframe src="https://webapps.9c9media.com/vidi-player/1.9.24/share/iframe.html?currentId=2395495&config=bnn/share.json&kruxId=&rsid=bellmediabnnbprod,bellmediaglobalprod&siteName=bnnb&cid=%5B%7B%22contentId%22%3A2395495%2C%22ad%22%3A%7B%22adsite%22%3A%22ctv.bnn%22%2C%22adzone%22%3A%22ctv.bnn%22%7D%7D%5D" width="560" height="315"frameborder="0" allowfullscreen></iframe>
Comment by ronz on Mar 04, 2022 10:17pm
Thats right, he said the share price should double from here and build off of the dividend amount so it should continue to increase with the free cash flow.
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