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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 CJInvestoron Sep 14, 2022 4:23pm
210 Views
Post# 34962790

RE:Total return, not just dividend return

RE:Total return, not just dividend return

I don't buy what you're selling. If you look at total returns of CJ vs almost any other small or mid cap stock, it's leaps and bounds ahead over 12 months or even year to date. A whitecap type stock is around 68 percent stock return plus dividend for 12 months. Cj is 120 percent over the same time plus double the dividend.  

Compare over time to get a better total picture unless you're a day or month trader which most are not here who are in it for a stable dividend return plus sp appreciation. 


My message remains to all here: Zoom out and look at trends in a stock vs day to day trends. CJ is leading the pack in YTD and 365 day returns. That's all I personally care about. 

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