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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) > Dividend, lots of potential, target 14.00 $$
View:
Post by Moremoney4u on Sep 05, 2022 9:48am

Dividend, lots of potential, target 14.00 $$

WE, get paid a dividend, the stock will appreciate over the next 6- 8 MONTHS, CJ is doing all the right things, debt reduction, buybacks, etc., even a increase in DIVIDENDS is in the PLAN. Once the economies get back into an expansion trend,   8 months,   oil prices will be back into 100.00 range, CJ will be trading 10.00$$$  plus. FIRING on all cylinders, accumulating , target is 14.00 $$$. OILS  trending side ways, lack of supply, infrastructure , and many other factors , pushing oil price higher will persist for years. LOAD UP THE TRUCK.
Comment by CJInvestor on Sep 05, 2022 12:33pm
And if we are sitting at the new floor of oil based on Saudi's view of the paper vs physical market then CJ has only up from here to go!
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