SELL ON STRENGTH
Top in the stock is $11.76. When it gets there, sell. Again, you missed 98% of the gains if you're only looking at it now.
oil / gas

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It is more on the oil side. They said they would reduce debt and they did. Also just distributed a large percentage of free cash flow. It is a good dividend name to own. A $1.3 billion market cap makes it a little small so he prefers others.
oil / gas
BUY
Very well managed company that is returning capital to shareholders. Felt better opportunities exist when sold shares. Will be debt free now or by the end of the year. Expecting a 5x multiple on the share price.
oil / gas
PAST TOP PICK
(A Top Pick Jul 20/21, Up 174%) Has since sold shares. Company is doing exactly what is hoping for in other energy companies. Currently trading at premium to other energy companies in the market. Think there are better opportunities out there. Expecting a 5x multiple, or a $14 share price.
oil / gas
BUY on WEAKNESS
Great company that is well run, and is returning capital to shareholders. Was 2nd largest shareholder after Murray Edwards. Seeing more opportunity in other energy companies. Company trading a 3x cash flow. Expecting 4x multiple on share price(15% upside).
oil / gas
BUY
This morning, their results in Q3 were fine. They plan to lower debt, and then give 50% free cashflow to dividend and then 50% to paying down debt. They could pay a 10% dividend at $70 and 15% dividend at $80. Not many specialists that are willing to go in the small cap space. Trading at 3x at $70. Probably 70% upside potential.
oil / gas
TOP PICK
Owns 8% of the company and is the second largest holder right now. Not the most exciting holdings but they are very profitable and gives good cashflow. Well over 10 years of development drilling. 1.9x EV to 22 cashflow and 39% free cashflow yield. Expects them to initiate a healthy dividend next year. Net zero emitter. Once the balance sheet is brought back to shape, will be in a good position. (Analysts’ price target is $4.60)
oil / gas
BUY
Bought 7% of the company. A name where you get mature assets with strong leverage to a rising oil price. Strong dividends and share buy backs. At 4x multiple at $70 oil, it would trade at $5.60 share price, a 67% upside potential.
oil / gas
TOP PICK
Bought strategic positions in this company. Trading just under 3x cashflow at $60 oil. Higher operating costs. A boring play but at $70 oil, they generate gobs of free cashflow. De-leveraging and balance sheet is improving. Looking for a dividend in the future. Share buy back and acquisitions will add attractiveness. (Analysts’ price target is $2.65)
oil / gas
TOP PICK
Had a convertible note that was converted to stocks so bought it. 7% stake in the company. 2.3x cashflow at $60 oil. Trading at 34% free cashflow yield. Not the most exciting asset, but generates a lot of free cash. They could reinstate their dividend. (Analysts’ price target is $2.65)
oil / gas
BUY
Likes it. Mostly owned by retail investors, so he can't find an institution to buy a lot of shares from (for his fund). He price-targets $35 share price and 120% upside.
oil / gas
DON'T BUY
It would not be a name he would own. The number of market participants are very small. There is a certain market-cap threshold for market relevance. There is a pressure for MnA. It has higher cost, medium heavy oil company. They suspended dividends.
oil / gas
DON'T BUY
A small cap, medium heavy producer. Because they own older fields, operating costs are higher. Banks cut their lines by 30%. There is free cashflow and there is liquidity. However, he would look elsewhere.
oil / gas
DON'T BUY
Light production? It struggles for relevance in the market as a medium to medium-light oil producer. They cut the dividend to zero to de-lever. They purchased old oil fields, but with the higher operating costs and higher risk for environmental liability he would not own this.
oil / gas
DON'T BUY
There are a couple of knocks in terms of leverage. They have more older well bores. Management don't own enough stock.
oil / gas
Showing 1 to 15 of 121 entries

Cardinal Energy Ltd(CJ-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 4

Stockchase rating for Cardinal Energy Ltd is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cardinal Energy Ltd(CJ-T) Frequently Asked Questions

What is Cardinal Energy Ltd stock symbol?

Cardinal Energy Ltd is a Canadian stock, trading under the symbol CJ-T on the Toronto Stock Exchange (CJ-CT). It is usually referred to as TSX:CJ or CJ-T

Is Cardinal Energy Ltd a buy or a sell?

In the last year, 4 stock analysts published opinions about CJ-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cardinal Energy Ltd.

Is Cardinal Energy Ltd a good investment or a top pick?

Cardinal Energy Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Cardinal Energy Ltd.

Why is Cardinal Energy Ltd stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cardinal Energy Ltd worth watching?

4 stock analysts on Stockchase covered Cardinal Energy Ltd In the last year. It is a trending stock that is worth watching.

What is Cardinal Energy Ltd stock price?

On 2022-12-02, Cardinal Energy Ltd (CJ-T) stock closed at a price of $8.01.