Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Quintessential1on Aug 30, 2023 7:42am
278 Views
Post# 35611418

RE:RE:RE:RE:Shorts

RE:RE:RE:RE:ShortsYeah a big draw and NG creeping up again but also ex-div today so we will see what transpires.

Probably a good call on your part locking in your 2x and change div gains.

The other part we fail to mention is that is all capital gains and not div so a slightly better tax treatment if not held in a registered account.  Having not extensively traded I am wondering how that will show up on your T5 from the bank?  Lots of little trades or one big trade just showing the overall gains from CJ?

Anyway I would say the div is safe for those that want to stay invested and for those that want to dabble there seems to be enough volatility monthly to make it worth while.

GLTA 




Pottsy wrote: Thanks Q1, sold at $7.17, so no divi, yes not much run up more huge draw but let's see if it is confirmed tomorrow. I am expecting a pull back by week end according to my magic carpet.....   P


<< Previous
Bullboard Posts
Next >>