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Bullboard - Stock Discussion Forum 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > A shocking comparison for CJ, thanks Jim Cramer !
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Post by MohelJFox on Apr 13, 2022 9:51am

A shocking comparison for CJ, thanks Jim Cramer !

Last night Jim Cramer pumped High Peak Energy (HPK) for 10 minutes because he was amazed by its potential earnings. He said "they break even at $34 usd". The look on his face was like the day he discovered ice cream.

 For 14000 bbl/d it's market cap is (was)----2.2B 
Or Cardinal 20000 bbl/d and a market cap of 1.1B
Hpk does have a dividend however with a whopping .05% yield   ! Cardinals in a few months should be what 10-15% @ current pricing ?

So down to the core you can have Cardinal with more production for half the price and a huge dividend coming down the pipeline. 

Why am I mentioning this ?

Because Jim's pump gave HPK a 20% jump this morning !
When people flock into CJ, come some sort of big news (hint) LTFO !

Comment by masfortuna on Apr 13, 2022 11:32am
Because it ran from $5 to $8.90 in a month...So it is "only up" 60% from the start of 2022.  Now are you done soft bashing and actually are going to post something useful to this board? 
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