CJ : Cardinal Energy Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

Cardinal Energy Ltd trades with the ticker CJ on the TSX and is in the Oil & Gas E&P industry.

Overview
Cardinal Energy Ltd. engages in the acquisition, exploration, 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.
 

Looking to invest in Cardinal Energy Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CJ.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1056.068MM

PE Ratio: 5.387

Price: 6.63 (Updated: 3/12/2024 0:47:16)



Cardinal Energy Ltd (CJ) vs Competitors in Oil & Gas E&P

Lets see how CJ.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Cardinal Energy Ltd (CJ) vs Advantage Oil & Gas Ltd (AAV)
    • CJ has higher EPS (1.24 vs 0.59). CJ provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 5.387) indicating it’s more expensive.
  • Cardinal Energy Ltd (CJ) vs Africa Oil Corp (AOI)
    • CJ has higher EPS (1.24 vs 0.24). CJ has higher dividend yield (10.8% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 5.387) indicating it’s more expensive.
  • Cardinal Energy Ltd (CJ) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs 1.24). CJ has higher dividend yield (10.8% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 5.387) indicating it’s more expensive.
  • Cardinal Energy Ltd (CJ) vs Athabasca Oil Corporation (ATH)
    • CJ has higher EPS (1.24 vs -0.09). CJ provides dividends, while ATH does not. ATH has a P/E under 0, indicating CJ (P/E 5.387) is in a better position.
  • Cardinal Energy Ltd (CJ) vs Birchcliff Energy Ltd (BIR)
    • CJ has higher EPS (1.24 vs 0.32). CJ has higher dividend yield (10.8% vs 7.2%). BIR has a higher P/E ratio (17.25 vs 5.387) indicating it’s more expensive.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (5.39) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.69) than the industry average (4.55), indicating attractive valuation.
 

How to Buy CJ stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment