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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) > Oil~ late night breakout after China restrictions relaxing
View:
Post by MohelJFox on Nov 11, 2022 1:19am

Oil~ late night breakout after China restrictions relaxing

Hang on Pizon's 

China made their move and away we go ! 

https://www.cnbc.com/amp/2022/11/11/china-trims-covid-quarantine-time-by-two-days.html

Comment by Moremoney4u on Nov 11, 2022 4:51am
OH YA, up, up and away , china removing some restrictions, travel is going to pick up, FEDS are not as aggressive,  etc., OIL PRICES will trend back into the 100.00 range. CJ,  will hit their targetof 12.50 $$$ .  Its got all the ingredients, great time to buy on dips.Lets get the dividend, we wait we get paid, NICE.  ANOTHER  Dividend increase in the NEW YEAR, 20% , they ...more  
Comment by Mike975 on Nov 11, 2022 8:35am
I must have missed something in the release, where did they state another 20% increase to dividend in the new year?