Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

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.

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Cardinal Energy Ltd (Alberta) > Total return, not just dividend return

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Comment by TheWokeLemmingon Sep 14, 2022 8:47pm

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Post# 34963310

RE:RE:RE:Total return, not just dividend return

What timeline are you using? About 14 months ago CJ was sitting at $3 and has more than tripled that at points already. Then add in the dividends and it's even further ahead. My opinion only.

Luckyeleven wrote: Not really true what you are saying. BTE VET CR GTE ATH OBE and others have had better capital returns. CJ is trading to a premium to some like the poster said. BNE for instance should be trading double the price it is now if trading at the same valuation as CJ. Now saying that CJ is still good value here but keep it real. Also management at CJ is always milking all they can.

CJInvestor wrote:
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.