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Bullboard - Stock Discussion Forum
Cardinal Energy Ltd (Alberta)
T.CJ
Alternate Symbol(s):
CRLFF
|
T.CJ.WT
|
T.CJ.DB
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...
. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.
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TSX:CJ - Post Discussion
Cardinal Energy Ltd (Alberta)
> Fundamental disconnect
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•••
VeritasVern
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Post by
VeritasVern
on Jan 14, 2025 9:57am
Fundamental disconnect
We experienced fundamental disconnect in the past several years. I'm thinking there was a deliberate bias. Here's a good article that does a good job of pointing it out.
2025 Brings Fundamentals back to the Fore in Oil Markets
(78)
•••
pkrash
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Comment by
pkrash
on Jan 14, 2025 12:20pm
Very true. Add in the Bidenomics paper trade that's unwinding and we might be that much more fundamental based. We might actually get realistic stock prices.
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