Cardinal Energy (CJ) Stock Price, News & Analysis

Company Overview

Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$6.58 to C$6.70
• 50-Day Range: C$6.23 to C$6.62
• 52-Week Range: C$5.75 to C$7.38
• Volume: 623,646 shs
• Average Volume: 640,566 shs
• Market Capitalization: C$1.06 billion
• P/E Ratio: 9.16
• Dividend Yield: 10.76%
• Price Target: C$7.80
• Consensus Rating: Hold

Cardinal Energy Stock Analysis - MarketRank™

Cardinal Energy scored higher than 52% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Cardinal Energy has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cardinal Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cardinal Energy is 9.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cardinal Energy is 9.14, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.65.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Cardinal Energy, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Cardinal Energy has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CJ.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Cardinal Energy is a leading dividend payer. It pays a dividend yield of 10.88%, 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.

Dividend Coverage

The dividend payout ratio of Cardinal Energy is 98.63%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CJ.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Cardinal Energy has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Cardinal Energy this week, compared to 3 articles on an average week.

Search Interest

6 people have searched for CJ on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Cardinal Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Cardinal Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$367,518.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

23.38% of the stock of Cardinal Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.05% of the stock of Cardinal Energy is held by institutions.

CJ Stock Analysis - Frequently Asked Questions

How have CJ shares performed this year?

Cardinal Energy's stock was trading at C$6.28 at the start of the year. Since then, CJ shares have increased by 6.2% and is now trading at C$6.67.
View the best growth stocks for 2024 here.

How do I buy shares of Cardinal Energy?

Shares of CJ stock 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 other stocks do shareholders of Cardinal Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cardinal Energy investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Tourmaline Oil (TOU), Enbridge (ENB), Crescent Point Energy (CPG), AltaGas (ALA) and ARC Resources (ARX).

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Today: 11/21/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Next Earnings (Estimated): 3/13/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:CJ
• CUSIP: N/A
• CIK: N/A
• Web: www.cardinalenergy.ca
• Phone: +1-403-2162709
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.80
• High Stock Price Target: C$8.50
• Low Stock Price Target: C$7.00
• Potential Upside/Downside: +19.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.73
• Trailing P/E Ratio: 8.96
• Forward P/E Ratio: 10.46
• P/E Growth: -0.26
• Net Income: C$116.96 million
• Net Margins: 22.78%
• Pretax Margin: N/A
• Return on Equity: 12.73%
• Return on Assets: 8.80%

Debt

• Debt-to-Equity Ratio: 9.04
• Current Ratio: 0.73
• Quick Ratio: 0.67

Sales & Book Value

• Annual Sales: C$513.51 million
• Price / Sales: 2.03
• Cash Flow: C$0.02 per share
• Price / Cash Flow: 280.77
• Book Value: C$5.78 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 159,180,000
• Free Float: N/A
• Market Cap: C$1.04 billion
• Optionable: Not Optionable
• Beta: 2.81