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

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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) > This is why you buy bank stocks if you like dividends
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Post by riski on Sep 23, 2022 12:19pm

This is why you buy bank stocks if you like dividends

Seriously. This is not the sector for dividend hounds. If you want a reliable dividend payer, find a good bank or insurance stock. 

Energy is love/hate. Thrills sometimes, pure hatred most of the time. 

I've been doing this for 40 years, and the ratio of red:green days in energy has got to be more than 4:1. Lots of pain with intermittent times of ecstasy.

Widows and orphans duly warned.
Comment by Re1ndeer2 on Sep 23, 2022 12:44pm
Pay me while I wait, one Eye on the rig count all the time....Banks under performing
Comment by Moremoney4u on Sep 23, 2022 1:07pm
10.5 %  is hard to ignore, banks, have had their run. ENERGY , stocks are down, economies will improve, rates will come down, supply demand for OIL is still not there. WAR will escalate, CHINA IS OPENING UP, this ALL POINTS TO oil price going up, plus many more factors. IN 6 to 8 months , WE WILL see oil back into the 100.00 range. WE get paid to wait . BUY ON DIPS. 
Comment by Re1ndeer2 on Sep 23, 2022 1:10pm
Added more today....now I'm officially way over extended....
Comment by Deckdude on Sep 23, 2022 2:13pm
Beautifully said. 100% accurate too. Good post.