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

Alternate Symbol(s):  CRLFF

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) > Share appreciation
View:
Post by admastonian on Dec 02, 2022 6:16am

Share appreciation

Have been watching a lot of oil stocks yesterday, I've noticed lots up and lots down. One that was up was HWX, and please I'm nt pumping but they are drilling and haven't payed a divided that I know of.  It seems traders and investors want a little more risk and possible excellent well finds, than some of the best paying dividend stocks on the planet. CJ is one of the best.  But is it too safe, too tame. In my view  there are many stocks out there that are appreciating more than 9-10% per month and don't buy back shares or anything  like that.  Because I think most people know that oil is going nowhere for many years, so they are not afraid to gamble more.  Stocks like CJ are not a gamble,  they're a constant and mundane. I own CJ and am still above water,  and collecting a great dividend every month, but do I want to become greedier. Not sure.  GLTA
Comment by Re1ndeer2 on Dec 02, 2022 11:12am
Stay with 6 cent divi and concentrate on Share buybacks.......Appreciation will follow