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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) > Oil is dropping again. Now at the lowest level in
View:
Post by Deckdude on Nov 28, 2022 4:08am

Oil is dropping again. Now at the lowest level in

a year. I'd like to see Cardinal eliminate the dividend and stop buybacks until they are 100% debt free and then if oil prices allow reinstate the buybacks so that the share price appreciates meaningfully.
Comment by CJInvestor on Nov 28, 2022 8:56am
Doubt cj management will listen to a short seller on stockhouse dd. Cue rustic post. 
Comment by BooHooDeckDoody on Nov 28, 2022 8:56am
Good thing you don't run the company.
Comment by DeeVeeKay on Nov 28, 2022 10:22am
Actually, I like what management is doing now.  I enjoy speculating in oil but I like the dividend support while waiting for the (hope for) capital gain.  
Cardinal Energy Ltd (Alberta)
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