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Cardinal Energy Ltd (CJ-T) opinion on 2017-08-10

Last Price Recorded: 4.7300 on 2017-12-13

ON STOCKCHASE SINCE Jan 2014

oil/gas
oil/gas
TOP PICK

Robert Lauzon
Cardinal Energy Ltd was $3.910 at time of opinion
Owned : Yes

They did an acquisition, which was the right thing for them to do.  They needed to get more light oil.  They got bigger, lighter and got more drilling locations.  Energy is out of favour.  The underwriters judged the market incorrectly.  Given how much the stock has pulled back, he sees tremendous value here.  It has a 10% dividend.  If oil gets above $50 you have a lot of torque and there has been a lot of insider buying in the last few days.  (Analysts’ target: $7.00).

CAUTIOUS

All opinions for CJ-T (67)

7 BUY
1 BUY on WEAKNESS
21 COMMENT
8 DON'T BUY
4 HOLD
1 PARTIAL BUY
10 PAST TOP PICK
1 SELL
1 SPECULATIVE BUY
13 TOP PICK
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All opinions for CJ-T (67)

7 BUY
1 BUY on WEAKNESS
21 COMMENT
8 DON'T BUY
4 HOLD
1 PARTIAL BUY
10 PAST TOP PICK
1 SELL
1 SPECULATIVE BUY
13 TOP PICK
View All

More experts covering CJ-T

SAVE
Add CJ-T to Watch List

Last 60 Days Opinions

PAST TOP PICK
4 weeks ago

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