Bullboard - Stock Discussion Forum 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... see more

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TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Oil stocks will fly tomorrow .

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Post by divime1 on May 04, 2021 5:05pm

Oil stocks will fly tomorrow .

API oil inventor report .

Crude: -7.688M
Cushing: +0.548M
Gasoline: -5.308M
Distillates: -3.453M

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Comment by BadShituation on May 04, 2021 6:55pm

seems in line with my post from last friday, based on HFI estimates. NICE!

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Comment by kavern23 on May 04, 2021 8:20pm

I hope so. I kinda expected we needed a 5-6M draw in order to hold 65 WTI..going to need a good report to hold 65 WTI but I agreee that tomorrows report should be bullish. A 10-13M draw and I think 70 dollar oil would be here fairly soon. Definitely not a bull market yet. Companies that issued shares in take overs seem to be not moving much like Whitecap, Enerplus, SDE, Etc. If whole ...more

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