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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

Energy Oil & Gas E&P
Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > Flying high!
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Comment by w8asecon Jul 27, 2022 2:07pm
133 Views
Post# 34854440

RE:RE:RE:RE:RE:RE:Flying high!

RE:RE:RE:RE:RE:RE:Flying high!I agree, but only 5 cents of it.... the remaining gain is most likely that this stock is undervalued to peers.

Time will tell... looks good post Fed rate hikes


JohnnyDoe wrote:
w8asec wrote:

I don't want to trigger more tax gains for this year ... so trading this doesn't work for me.
It will be fun for those trying to predict the dips and spikes though.

I'm thinking from todays overwhelming performance to peers we are going to see far more upward Spikes.

GLTAL



today's performance is in part driven by today being the ex dividend date


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Dealroom for high-potential pre-IPO opportunities