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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) > How to Value CJ?
View:
Post by Coolson on Nov 02, 2022 12:01pm

How to Value CJ?

I wonder how to value CJ if there will be no debt and oil market stabilize, hard to find comparables in the history. But based on the furure prospects 15$ should not look unrezonable..
Comment by CJInvestor on Nov 02, 2022 12:24pm
Agreed. Let's b it forget CJ is completely unhedged for 2022/23! Mammoth earnings ahead. 
Cardinal Energy Ltd (Alberta)
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