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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.


TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta) > Dividend
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Comment by JayBankson Sep 19, 2024 1:02am
50 Views
Post# 36230370

RE:RE:RE:Dividend

RE:RE:RE:Dividend

DivChase wrote: Wow 55$!  That's pretty darned good.  low debt ratio too.  Very high div.  Does anyone know why RBC shaved thier forecast on SP by a full dollar?   Seems like self serving bunk to me.   I was about to take a position in this stock when this RBC phoey happened.  

 

I for one, never look at price targets from those analysts, and rarely their notes or justifications for them. They usually have a narrow focus and regurgitate basic things you already know in under 5 sentences.

I'd rather listen to a portfolio manager or someone who writes essays on thier analysis, more in depth and interesting a view point, more aspects taken into consideration, right or wrong.

So I have no insight on this one...

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