Post by
red2000 on May 25, 2022 1:52pm
Consolidation underway !!!
New stable floor between 9,15$ - 9,25$ ! Less volatility !!!
I think we have to take a deep breath and relax a little bit !!!
Doing some Yoga or Hypnosis is good too ! :)
Seriously, don't be surprise if CJ hit over 9,75$ or more, before ex-dividend Date Jun 29, 2022.
Forward Dividend & Yield0.60 (6.48%) SIMILAR AS ENBRIDGE !!!
Remember CJ is unhedged for 2022, and avg. WTI price reach 28% higher compare to Q1 2022 !!!
Earnings Date Jul 28, 2022
Please do your DD, it's your money !!!
Comment by
Deckdude on May 25, 2022 1:58pm
I totally agree it's consolidation taking place right now. I'm in at a little higher than it is today but also think good share price increases are coming. I didn't buy for the dividend as I'd like to make about 50% in 6 months. Lol. I'm not greedy at all.
Comment by
TheWokeLemming on May 25, 2022 3:51pm
Definitely. Oil is holding well entering summer driving season. Anything under $9 would be a gift at this point. CJ is exploding in FCF with with 100% unhedged production.
Comment by
TheWokeLemming on May 25, 2022 4:14pm
Cushing spot price averaging $108 so far for May. CJ getting full price!