Cardinal Energy Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cardinal Energy in the last twelve months. 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.
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Wall Street analysts have given Cardinal Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cardinal Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Cardinal Energy is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Cardinal Energy.

Cardinal Energy Ltd. (TSE:CJ) issued its quarterly earnings results on Tuesday, March, 16th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.01. The company had revenue of $66.07 million for the quarter.
View Cardinal Energy's earnings history.

Cardinal Energy's stock was trading at C$0.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CJ stock has increased by 254.4% and is now trading at C$2.41.
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Cardinal Energy pays an annual dividend of C$0.03 per share and currently has a dividend yield of 36.73%. CJ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Cardinal Energy's dividend history.

4 brokerages have issued 1-year price targets for Cardinal Energy's stock. Their forecasts range from C$0.50 to C$3.00. On average, they anticipate Cardinal Energy's stock price to reach C$1.77 in the next year. This suggests that the stock has a possible downside of 26.6%.
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Some companies that are related to Cardinal Energy include Raging River Exploration (RRX), Whiting Petroleum (WLL), Freehold Royalties (FRU), Peyto Exploration & Development (PEY), Kosmos Energy (KOS), Vine Energy (VEI), Diversified Gas & Oil (DGOC), Headwater Exploration (HWX), Baytex Energy (BTE), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Tamarack Valley Energy (TVE), Tullow Oil (TLW), Canacol Energy (CNE), Frontera Energy (FEC) and International Petroleum (IPCO).
View all of CJ's competitors.

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).

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

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.
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One share of CJ stock can currently be purchased for approximately C$2.41.

Cardinal Energy has a market capitalization of C$346.71 million and generates C$193.21 million in revenue each year.

Cardinal Energy employs 180 workers across the globe.

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

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

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.