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DOW   32,803.47
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Buffett's firm reports $44B loss but its businesses thrive
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Dems' climate, energy, tax bill clears initial Senate hurdle
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Shift in war's front seen as ships cleared to leave Ukraine
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Venezuela, Colombia border areas hopeful as reopening looms
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Venezuela, Colombia border areas hopeful as reopening looms
TSE:CJ

Cardinal Energy (CJ) Stock Forecast, Price & News

C$8.51
+0.21 (+2.53%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
C$8.05
C$8.72
50-Day Range
C$6.57
C$9.46
52-Week Range
C$2.82
C$9.73
Volume
1.75 million shs
Average Volume
1.44 million shs
Market Capitalization
C$1.33 billion
P/E Ratio
2.88
Dividend Yield
7.23%
Price Target
C$9.70

Cardinal Energy MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
14.0% Upside
C$9.70 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.71mentions of Cardinal Energy in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
C$579,100 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Cardinal Energy logo

About Cardinal Energy (TSE:CJ) Stock

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 February 24, 2022, the company had total proved plus probable oil and gas reserves are 110,391 thousand barrels of oil equivalent. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.

Cardinal Energy Stock Up 2.5 %

TSE:CJ opened at C$8.51 on Friday. Cardinal Energy has a 52 week low of C$2.82 and a 52 week high of C$9.73. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 8.17. The business's fifty day simple moving average is C$8.07 and its 200-day simple moving average is C$7.33. The firm has a market cap of C$1.33 billion and a PE ratio of 2.88.

Cardinal Energy (TSE:CJ - Get Rating) last posted its quarterly earnings results on Thursday, May 12th. The company reported C$0.35 EPS for the quarter, topping the consensus estimate of C$0.29 by C$0.06. The company had revenue of C$174.34 million for the quarter. As a group, equities analysts anticipate that Cardinal Energy will post 1.35 earnings per share for the current year.

Cardinal Energy Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 15th. Stockholders of record on Monday, August 15th will be issued a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a dividend yield of 7.05%. The ex-dividend date of this dividend is Thursday, July 28th. This is a positive change from Cardinal Energy's previous monthly dividend of $0.02. Cardinal Energy's payout ratio is currently 1.69%.

Wall Street Analyst Weigh In

CJ has been the topic of a number of research reports. Stifel Nicolaus raised their price objective on Cardinal Energy from C$12.25 to C$13.00 in a report on Tuesday, August 2nd. Raymond James raised their price objective on Cardinal Energy from C$9.50 to C$10.00 and gave the company an "outperform" rating in a report on Tuesday, August 2nd. Finally, CIBC raised their price objective on Cardinal Energy from C$10.00 to C$11.00 in a report on Tuesday, August 2nd.

Insider Transactions at Cardinal Energy

In related news, Director John Albert Brussa purchased 10,000 shares of Cardinal Energy stock in a transaction dated Monday, June 20th. The shares were acquired at an average price of C$7.60 per share, for a total transaction of C$76,000.00. Following the acquisition, the director now directly owns 3,576,354 shares in the company, valued at C$27,180,290.40. Insiders have purchased a total of 70,000 shares of company stock worth $579,100 in the last quarter.

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CJ Stock News Headlines

Cardinal Energy Ltd stock advanced on Friday.
Cardinal Energy Ltd stock raised on Friday.
Cardinal Energy Ltd stock raised on Thursday.
Cardinal Energy Ltd stock $verbed on Tuesday.
Cardinal Energy Ltd stock advanced on Monday.
Cardinal Energy Ltd stock gained on Wednesday.
Cardinal Energy Ltd stock dipped on Tuesday.
Cardinal Energy Ltd stock advanced on Thursday.
Cardinal Energy Ltd stock eased on Thursday.
Cardinal Energy Ltd stock shrank on Wednesday.
Cardinal Energy Ltd stock decreased on Thursday.
Cardinal Energy Ltd stock boosted on Monday.
Cardinal Energy Ltd stock advanced on Tuesday.
Cardinal Energy Ltd stock dipped on Thursday.
Stocks in play: Cardinal Energy Ltd.
See More Headlines

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CJ Company Calendar

Last Earnings
5/12/2022
Ex-Dividend for 8/15 Dividend
7/28/2022
Today
8/07/2022
Dividend Payable
8/15/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
180
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$9.70
High Stock Price Forecast
C$13.00
Low Stock Price Forecast
C$6.50
Forecasted Upside/Downside
+14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$538.35 million
Cash Flow
C$0.04 per share
Book Value
C$5.52 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.33 billion
Optionable
Optionable
Beta
N/A














CJ Stock - Frequently Asked Questions

Should I buy or sell Cardinal Energy stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cardinal Energy in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 is Cardinal Energy's stock price forecast for 2022?

3 Wall Street research analysts have issued 12-month price targets for Cardinal Energy's stock. Their CJ stock forecasts range from C$6.50 to C$13.00. On average, they predict Cardinal Energy's share price to reach C$9.70 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price.
View analysts' price targets for Cardinal Energy
or view top-rated stocks among Wall Street analysts.

How has Cardinal Energy's stock price performed in 2022?

Cardinal Energy's stock was trading at C$4.27 at the beginning of the year. Since then, CJ stock has increased by 99.3% and is now trading at C$8.51.
View the best growth stocks for 2022 here
.

When is Cardinal Energy's next earnings date?

Cardinal Energy is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Cardinal Energy
.

How were Cardinal Energy's earnings last quarter?

Cardinal Energy Ltd. (TSE:CJ) announced its quarterly earnings results on Thursday, May, 12th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.29 by $0.06. The business had revenue of $174.34 million for the quarter.

How often does Cardinal Energy pay dividends? What is the dividend yield for Cardinal Energy?

Cardinal Energy declared a monthly dividend on Thursday, July 28th. Stockholders of record on Monday, August 15th will be paid a dividend of 0.05 per share on Monday, August 15th. This represents a $0.60 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date is Thursday, July 28th. This is a positive change from Cardinal Energy's previous monthly dividend of C$0.02.
View Cardinal Energy's dividend history
.

Is Cardinal Energy a good dividend stock?

Cardinal Energy(TSE:CJ) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 7.23%. CJ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Cardinal Energy is 1.69%. This payout ratio is at a healthy, sustainable level, below 75%.
View Cardinal Energy's dividend history.

What other stocks do shareholders of Cardinal Energy own?

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$8.51.

How much money does Cardinal Energy make?

Cardinal Energy (TSE:CJ) has a market capitalization of C$1.33 billion and generates C$538.35 million in revenue each year.

How many employees does Cardinal Energy have?

Cardinal Energy employs 180 workers across the globe.

How can I contact Cardinal Energy?

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

This page (TSE:CJ) was last updated on 8/7/2022 by MarketBeat.com Staff

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