Cardinal Energy Ltd (Alberta) T.CJ

Buzz on the Bullboards: Key mining, energy and cannabis stocks to watch

[VeritasVern]

Good post Cushing is at 1/3 capacity and the lowest level in a decade!  Thankfully for us as shareholders we are getting narrower spreads. The Demented Admin had little forward thinking when they

[DivChase]

I'm convinced.  I actually bought some yesterday at 6.38.  Quite a bit More today at 6.39.   Seems like that heavy oil opportunity could really change this company next year and the

[spurwing2]

https://finance.yahoo.com/news/pipeline-oil-storage-tanks-key-151509057.html

[VeritasVern]

The 1/2 rate cut was yesterday, already factored into the market and the price of oil at the end of day declined. If the int cut was to be so pivital to rising prices, then we would have seen a 2

[Quintessential1]

LOL.  An election win denier.  Go figure.  I bet you believe the Biden Administration is lowering global oil prices by filling the SPR for votes too! I can't tell is oil up or

[dorite]

RE POLLS ----I BELIVE ANY POLL THAT SAYS HARRIS IS LEADING IS LYING SO THAT IT SEEMS SHE IS CLOSE SO THAT A CHEAT WILL BE MORE BELIEVEABLE.IMO.

[Quintessential1]

If trump wins in November he will definately have a drill baby drill policy.  He has said so. Whether or not US producers suffering from already low commodity pricing follow his lead is

[dorite]

When Trump wins in Nov. and starts another drill Baby DRILL, will the price of oil drop even further? putting in to question the validity of a 10% payout.. just asking.

[Jonathon Brown]

The mining sector performed well this week, but energy experienced a rocky week while the cannabis market made significant strides. read article.

[Quintessential1]

WTI pricing averaged $81 in Q2 and CJ payed down 17% of net debt. In Q3 WTI is averaging $79 without September numbers in yet. If we allow a low $70 average for September Q3E WTI looks like a $76

[Kherson]

Very interesting trading pattern so far this week! Kherson

[JayBanks]

  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

[DivChase]

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

[JayBanks]

  They added some unexpected lands and brought forward a few things I think, but we were also +80 early in the year... so I think there was higher expenses but also higher than forecasted

[Luckyguy777]

Are they on budget this year (or close)?  If so, then don't worry about the dividend.  I am pretty confident they wouldnt enter the year with a plan they would need to cut the dividend

[JayBanks]

  I believe it's announced as 'sub $55' where they run into danger, but that's also with stripped down capex as a lever... it will move towards 50 when SAGD comes online, but