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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by JohnnyDoeon Jul 29, 2022 6:11am
198 Views
Post# 34859238

RE:When EN threw CJ under the bus

RE:When EN threw CJ under the bus
TheWokeLemming wrote:

June 3rd.  His Top Picks that day ....

MEG .... recommended at $22.63.  Trades today at $17.65.  Down 22%. 

ENERPLUS ... recommended at $19.93.   Trades today at $17.58. Down 12%. 

TVE ... recommended at $5.55.  Trades today at $4.49.  Down 19%.  

CJ was at $9.15 when he said it "has little upside" that day.  Trading at $8.76.  Down 4%.   

FU EN


you seem to have a real thing about Nuttall. Lots of people appear on bnn. Can you point to someone that draws investors into the o&g sector better than he does? You'll drive yourself bonkers if you want to hold the top performing o&g stocks. There's always a stock doing better than what you own. People hinge on Nuttall's words. He knows that and I find him cautious with what he says. He just opened an income fund. He'll have some cardinal in it. I don't really care what he identifies as top picks. There are rules about how frequently he can identify the same companies btw. I do care that he repeatedly lays out the case for oil.
these stocks aren't really going to move because guys like us flip from one to another. They'll move because more money is drawn into the sector. I'm thankful he's always making that case.
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