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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) > Sticking with CJ
View:
Post by scienceguy36 on Dec 03, 2024 10:28am

Sticking with CJ

Unable to find an alternative dividend stock to CJ so will be sticking with CJ for the forseeable future.
Low share count and the SAGD project at the end of 2025 are attractive. I will be converting an RRSP to a RRIF next year so looking for a stable dividend. Hoping the Dividend is sustainable in spite of what i read in the numbers.
Comment by caretired1 on Dec 03, 2024 10:33am
Many discussions on this board maybe a year ago about that with most agreeing its sustainable to $65 oil and then still so at lower pricing if they reduce cap spend.
Comment by DivChase on Dec 03, 2024 4:01pm
Nice finish today.  We have a new buyer I would guess??
Comment by meritmat on Dec 03, 2024 8:47pm
Also helps the Can dollar keeps falling 
Cardinal Energy Ltd (Alberta)
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