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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) > Why is pey doing so much better than cj this year?
View:
Post by CJInvestor on Nov 30, 2024 3:40pm

Why is pey doing so much better than cj this year?

Is it because it's a gassier play? They both started the year with an 11 percent dividend. But now pey is 36 percent higher this year and cj is 4.im sure 2025 will be cjs turn to soar like this once investors become comfortable with the approaching opening of the sagd project.
Comment by loopsbutterfly on Dec 01, 2024 12:44pm
the big problem for cj in my opinion for now the oil price(wti) is well below their latest earning projection base with $79,00 boe for oil also their payout is already at 94% and what will happen it the oil price go below $70,00 Do you know how they finance the dividend for us ...
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