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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) > Like Reading Tea Leaves
View:
Post by Smokey1958 on Sep 25, 2024 9:44am

Like Reading Tea Leaves

Speculating on oil prices (and their impact on companies like CJ) is like being a psychic. Actually some individuals can offer far more insight reading tea leaves. CJ will ultimately prevail because of debt management, bringing other sources online and efficiencies. While higher oil prices are obviously significant ....projections and spevulation of such is not.

Yesterday Update: WTI Oil Rises as China Takes Steps to Boost Its Economy and a New Storm Forms in Gulf of Mexico
 


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