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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) > Now CJ shines :)
View:
Post by MohelJFox on Dec 08, 2022 2:43pm

Now CJ shines :)

Once again the old theme: Who's debt free or close to it ?

Simply look who's getting pelted and who's starting to make a comeback.

Oh but the dividend, is it sustainable ?
Is now put on the back burner and the money crunchers are saying "good thing we don't have 500 mill in debt eh Brian, Mike  Edward or Derek" ?

I love you Scott and Ingram !
Comment by TheWokeLemming on Dec 09, 2022 7:51am
To be honest, I felt the divvy and buybacks would have had more of an effect on keeping share price from being where it's at.  The flip side is that next Thursday I can get more shares when our Christmas bonus comes in.   Anything under $8 is opportunity knocking IMHO.  
Comment by odinburnz on Dec 09, 2022 9:50am
Who knows....maybe next week the stock will be lower!
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