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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Energy Oil & Gas E&P
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) > concerned
View:
Post by mofwmofw on Sep 21, 2022 4:35pm

concerned

Just wondering, Ath -01, Bte -02, Hwx -09, Tve -09, Cj -24. What possible reason could be sinking our share price down so far compared to these other companies.  Anyone have any enlightenment on this? And please, only serious knowledgeable people welcome, (no bashers)  GLTA
Comment by Luckyguy777 on Sep 21, 2022 8:27pm
1) I don't know if those others have hedges or not.  Price of oil is down and CJ no hedges so it will be impacted more than some others by a declining oil price. 2) Possible that some of those others are buying back more shares than CJ.  That would support the share price of the others. 3) Some of the others didn't run up as much as CJ over the short term or the long term so ...more  
Comment by CJInvestor on Sep 21, 2022 8:33pm
Well said. 
Cardinal Energy Ltd (Alberta)
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