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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) > When they increase to 7c FV shoul be 10.5$
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Post by MadeInHeaven on Jul 29, 2022 10:49am

When they increase to 7c FV shoul be 10.5$

0.84c constitutes yield of 8% at the price of 10.5$. But it is only 33m per quater the rest out of 98m fcf is 65m . There is some space to maneuver...
Comment by GoldenArm on Jul 29, 2022 11:03am
$10.5/shr is low but the way the market treats this stock I'd take it. Higher dividends would be nice and I would like to see money going to increasing production volume and revenue.
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