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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

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Sale
View:
Post by Windsorman on Nov 07, 2023 3:01pm

Sale

Indeed. Oil and gas presuming a recession. Given the extreme pullback in one day oversold IMHO. I did add more under $7.00. GLTA
Comment by caretired1 on Nov 07, 2023 8:30pm
Does the new SAGD project make this more or less attractive as a potential takeover target?!  I think this is now a show me story until that facility is built out and producing.  Good yield but I think the upside is limited now for some time into the future.
Comment by meritmat on Nov 07, 2023 8:44pm
Should be more.  But the one trend I see if a lot of the companies in Canada buying are looking to get into that Montney(sp). Deep gas 
Cardinal Energy Ltd (Alberta)
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