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

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TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Why all the selling?

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Post by UltraTired on Nov 10, 2024 12:23am

Why all the selling?

All the fear mongering and CJ reported their payout ratio is 94%. How is CJ's dividend not sustainable?

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Comment by loopsbutterfly on Nov 11, 2024 9:58am

Make your bet....if you believe the dividend is safe at this level.

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Comment by NonCredibleSrc on Nov 11, 2024 11:45am

LOL - Hit the board before I had signed in and saw a reply to this post from an account I have ignored. Now that I am signed in I cannot see it (choice), but I wonder - where was that user post back in early Sept when WTI hit &65, roughly 5% lower than it is today AND with the CAN$ about 4% higher than today??? Makes me remember why I ignored the account in the first place - fear-mongering and ...more

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Cardinal Energy Ltd (Alberta)