Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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) > Who has been right on it ?
View:
Post by loopsbutterfly on Nov 08, 2024 11:22am

Who has been right on it ?

I am buying back on the cheap
Comment by loopsbutterfly on Nov 08, 2024 3:15pm
The payout is 94% (it is far too high)
Comment by loopsbutterfly on Nov 08, 2024 3:27pm
Payout ratio is increasing at 94% and the net earning is decreasing from $39 000 000 to $25 000 000 I wonder what will happen if they keep the dividend at this rate... for sure they have high hopes with the SAGD coming on stream soon... I still believe the current dividend is far too high.
Comment by JohnBP1 on Nov 08, 2024 4:06pm
If you listen you can hear the alarm bells. We can't wait a year for SAGD to mature (if it is not delayed). With oil unpopular you have to trade or diversify, China down 9% on imports, TRUMP, watch out. The only thing that can bump oil is war.
Comment by VeritasVern on Nov 08, 2024 6:56pm
John, we are told we can draw on the LC to finance the divy...all we have to do is sit back, relax and collect.
Cardinal Energy Ltd (Alberta)