TSE:CJ

Cardinal Energy Stock Forecast, Price & News

C$3.21

+0.01 (+0.31 %)

(As of 06/11/2021 12:00 AM ET)

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Today's Range

C$3.16

▼

C$3.23

50-Day Range

C$2.23

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C$3.27

52-Week Range

C$0.38

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C$3.40

Volume251,669 shs

Average Volume1.10 million shs

Market CapitalizationC$463.49 million

P/E Ratio6.11

Dividend Yield36.73%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Cardinal Energy

Cardinal Energy Ltd. engages in the acquisition, exploration, and production of low decline light, medium, and heavy quality oil, and natural gas in Western Canada. It has operations in the provinces of Alberta and Saskatchewan. As of December 31, 2020, company had total proved plus probable oil and gas reserves are 99,258 thousand barrels of oil equivalent. The company was incorporated in 2010 and is headquartered in Calgary, Canada.

4 Top TSX Growth Stocks to Buy This Instant
June 12, 2021 | ca.finance.yahoo.com

Monday afternoon Cardinal news and notes
June 7, 2021 | msn.com

If You Had Bought Cardinal Energy (TSE:CJ) Stock A Year Ago, You Could Pocket A 366% Gain Today
June 6, 2021 | finance.yahoo.com

Cardinal Energy's (CJ) Market Perform Rating Reaffirmed at Raymond James
June 3, 2021 | americanbankingnews.com

Cardinal Energy (TSE:CJ) Price Target Raised to C$4.00
June 3, 2021 | americanbankingnews.com

Cardinal Energy (TSE:CJ) Hits New 52-Week High at $3.37
May 31, 2021 | americanbankingnews.com

Cardinal Energy (TSE:CJ) Stock Crosses Above 50 Day Moving Average of $2.75
May 27, 2021 | americanbankingnews.com

Cardinal Energy Ltd. Announces First Quarter 2021 Financial Results and Increased 2021 Budget
May 14, 2021 | markets.businessinsider.com

Cardinal Energy Ltd. Announces 2020 Year-End Reserves
March 3, 2021 | finance.yahoo.com

Cardinal Energy (TSE:CJ) Share Prices Have Dropped 91% In The Last Five Years
December 8, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
Current SymbolTSE:CJ
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.cardinalenergy.ca
Phone+1-403-2162709
Employees180
Year FoundedN/A

Sales & Book Value

Annual SalesC$212.83 million
Price / Sales2.18
Cash FlowC$0.01 per share
Price / Cash Flow228.57
Book ValueC$2.69 per share
Price / Book1.19

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares144,388,000
Market CapC$463.49 million
Next Earnings Date7/29/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.32 out of 5 stars

1.0 Analyst's Opinion

Consensus Rating
Cardinal Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$2.42, Cardinal Energy has a forecasted downside of 24.6% from its current price of C$3.21.
Amount of Analyst Coverage
Cardinal Energy has only been the subject of 3 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Cardinal Energy has received 458 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cardinal Energy has received 401 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cardinal Energy has received 53.32% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cardinal Energy and other stocks. Vote “Outperform” if you believe CJ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CJ will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Cardinal Energy is a leading dividend payer. It pays a dividend yield of 36.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cardinal Energy does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cardinal Energy insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cardinal Energy is 6.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cardinal Energy is 6.11, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 31.57.
Price to Earnings Growth Ratio
Cardinal Energy has a PEG Ratio of 3.17. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cardinal Energy has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Cardinal Energy (TSE:CJ) Frequently Asked Questions

Is Cardinal Energy a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cardinal Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cardinal Energy stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CJ, but not buy additional shares or sell existing shares.
View analyst ratings for Cardinal Energy or view top-rated stocks.

What stocks does MarketBeat like better than Cardinal Energy?

Wall Street analysts have given Cardinal Energy a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cardinal Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Cardinal Energy's next earnings date?

Cardinal Energy is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Cardinal Energy.

How were Cardinal Energy's earnings last quarter?

Cardinal Energy Ltd. (TSE:CJ) issued its quarterly earnings results on Thursday, May, 13th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.07. The company earned $85.55 million during the quarter.
View Cardinal Energy's earnings history.

How has Cardinal Energy's stock price been impacted by Coronavirus (COVID-19)?

Cardinal Energy's stock was trading at C$0.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CJ shares have increased by 372.1% and is now trading at C$3.21.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for CJ?

4 brokerages have issued 12-month target prices for Cardinal Energy's shares. Their forecasts range from C$0.50 to C$4.00. On average, they anticipate Cardinal Energy's stock price to reach C$2.42 in the next twelve months. This suggests that the stock has a possible downside of 24.6%.
View analysts' price targets for Cardinal Energy or view top-rated stocks among Wall Street analysts.

Who are Cardinal Energy's key executives?

Cardinal Energy's management team includes the following people:

Mr. M. Scott Ratushny, Chairman & CEO (Age 56, Pay $313.93k)
Mr. Shawn A. Van Spankeren C.M.A., CPA, CPA, CMA, Chief Financial Officer (Age 48, Pay $256.14k)
Mr. Dale John Orton, Chief Operating Officer (Age 48, Pay $223.53k)
Mr. Robert Ernest Law Wollmann, Sr. VP of Exploration
Ms. Shannon Margaret Gangl, Corp. Sec. (Age 58)

Who are some of Cardinal Energy's key competitors?

Some companies that are related to Cardinal Energy include Energean (ENOG), Raging River Exploration (RRX), Freehold Royalties (FRU), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Tamarack Valley Energy (TVE), Kosmos Energy (KOS), Headwater Exploration (HWX), Tullow Oil (TLW), International Petroleum (IPCO), Advantage Oil & Gas (AAV), Diversified Gas & Oil (DGOC), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Frontera Energy (FEC) and Kelt Exploration (KEL).
View all of CJ's competitors.

What other stocks do shareholders of Cardinal Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cardinal Energy investors own include Whitecap Resources (WCP), AltaGas (ALA), Major Drilling Group International (MDI), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Crescent Point Energy (CPG), Baytex Energy (BTE), Surge Energy (SGY), Obsidian Energy (OBE), Tourmaline Oil (TOU) and Birchcliff Energy (BIR).

What is Cardinal Energy's stock symbol?

Cardinal Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CJ."

How do I buy shares of Cardinal Energy?

Shares of CJ and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Cardinal Energy's stock price today?

One share of CJ stock can currently be purchased for approximately C$3.21.

How much money does Cardinal Energy make?

Cardinal Energy has a market capitalization of C$463.49 million and generates C$212.83 million in revenue each year.

How many employees does Cardinal Energy have?

Cardinal Energy employs 180 workers across the globe.

What is Cardinal Energy's official website?

The official website for Cardinal Energy is www.cardinalenergy.ca.

Where are Cardinal Energy's headquarters?

Cardinal Energy is headquartered at 600-400 3 Ave SW, CALGARY, AB T2P 4H2, Canada.

How can I contact Cardinal Energy?

Cardinal Energy's mailing address is 600-400 3 Ave SW, CALGARY, AB T2P 4H2, Canada. The company can be reached via phone at +1-403-2162709.

This page was last updated on 6/13/2021 by MarketBeat.com Staff

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