Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

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

Add To Watchlist

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Does CJ maintain divvy?

View:

Post by TheWokeLemming on Mar 15, 2023 12:02pm

Does CJ maintain divvy?

Is this oil shock a blip? WTI has been an a long losing streak since June 2022. Does it ever turn around? Do the layoffs in the industry start again already? Is it time to cut capex? Lots of questions. Biden and Powell have sure fkced things up.

295

Comment

Comment by GoldenArm1 on Mar 15, 2023 12:24pm

You have a lot of questions but there are no answers here. Do your own research. The drop in oil price. US is selling Syrian oil that the stole from its people. It controls the oil in Iraq. They are dumping their strategic reserves. What does that mean. Well two banks collapse and the market goes up due to job numbers and Bailout announcement. Then the computer algos kick in and F everyone. Now ...more

175

Comment

Comment by Duster340 on Mar 15, 2023 12:38pm

they do have a 6cent per/share divy. but that could be cut soon. the oil companies are being squeazed

Comment

Comment by egee on Mar 15, 2023 12:49pm

Oil is done get out while you can wait....buy. No selll as stated somewhere this AM. This is the best thing to happen. The flush of all that paper oil. After this you are going to have to HAVE the oil . your paper trades can go into a refinery berkshire knows more than me. He's buying

Comment