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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

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Post by cre8value4me on May 26, 2022 3:46pm

stock price

I along with others here seem to forget that CJ has infact doubled since the start of 2022 January 4th $4.40 so although the day to day moves are baffling and have us scratching our heads some days,
the long term is what matters! Keep the faith GLTA
Comment by MohelJFox on May 26, 2022 4:13pm
  Spot on !  Still at a 6.5% yield, and most know that stock prices don't stay at that level. Imagine what this will be a few days before ex divi  ?  11$ ? Then tickle your brain that CJ top brass said that @ $90 oil they would payout 7c/share ? So even though costs went up, they increased Cap-x, what's that funky math work out @ $110 oil ?  When would ...more  
Comment by odinburnz on May 26, 2022 4:21pm
Interesting about exdivi...so does the price drop june 30th?
Comment by MohelJFox on May 26, 2022 4:47pm
No, stocks are not known to go down the day after.. that would be like dividend poaching !
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