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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) > What is not to like?
View:
Post by 7Twiggy on Jul 22, 2022 9:18am

What is not to like?

Great post MH.  Looks like all roads lead to the rainbow.  My opinion is pay off the debt and leave the dividend alone for the time being.  Options could also include a special payment at some point in time.
Think we are going to see blow out earnings next week and for other companies in the following weeks.  Still thing money managers are playing around with their firms money to keep this down.  
Shorting numbers make no sense.  Who would short with the kind of numbers we know are coming.
I am into a number of names, but like Cardinal the best because of the added buyback action. One week to go.  Buybacks. dividend ex, blowout results. What is not to like?
Comment by Moremoney4u on Jul 22, 2022 9:29am
YES, in deed, great dividend, this qrt. will be HUGE, EPS, DEBT. REDUCTION, ETC. all good. TARGET price is 15.00  plus. Fund mgrs. very optimistic , maybe dividend increase  soon.  Get paid a nice dividend , get stock apreciation, very attractive. LOAD UP THE TRUCK.
Comment by TheWokeLemming on Jul 22, 2022 9:59am
Watch the macro.  US market has had its best week in a long time.   Fed meeting next week will bring volatility.   My opinion only.  
Comment by Carlo2021 on Jul 24, 2022 9:19am
Story line here similar to VET, and I'm sure many others. Oil and gas wil fluctuate but not significantly from present levels....
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