Cardinal Energy Ltd. (TSE:CJ – Free Report) – Equities research analysts at Atb Cap Markets decreased their Q2 2025 earnings per share (EPS) estimates for shares of Cardinal Energy in a note issued to investors on Thursday, December 12th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.17 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Cardinal Energy’s current full-year earnings is $0.63 per share.
Other equities research analysts have also recently issued research reports about the stock. CIBC dropped their target price on shares of Cardinal Energy from C$8.75 to C$8.00 in a research report on Friday, November 8th. BMO Capital Markets dropped their price objective on shares of Cardinal Energy from C$7.50 to C$7.00 in a report on Friday, October 4th. Finally, Royal Bank of Canada reduced their target price on Cardinal Energy from C$8.00 to C$7.00 in a report on Tuesday, September 17th.
Cardinal Energy Stock Down 1.0 %
Shares of CJ opened at C$6.23 on Monday. Cardinal Energy has a 12 month low of C$6.01 and a 12 month high of C$7.38. The stock has a market cap of C$991.69 million, a price-to-earnings ratio of 8.45, a P/E/G ratio of -0.26 and a beta of 2.81. The company has a 50-day moving average price of C$6.47 and a two-hundred day moving average price of C$6.64. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 9.04.
Insider Buying and Selling at Cardinal Energy
In other news, Director John Festival acquired 50,050 shares of Cardinal Energy stock in a transaction dated Monday, November 11th. The stock was bought at an average cost of C$6.20 per share, with a total value of C$310,310.00. Also, Director John Albert Brussa acquired 6,400 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average price of C$6.40 per share, with a total value of C$40,960.00. Over the last ninety days, insiders acquired 59,050 shares of company stock valued at $367,518. Company insiders own 23.38% of the company’s stock.
Cardinal Energy Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, November 29th. This represents a $0.72 annualized dividend and a yield of 11.56%. Cardinal Energy’s dividend payout ratio is presently 98.63%.
Cardinal Energy Company Profile
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.
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