Atb Cap Markets Comments on Cardinal Energy Q1 Earnings

Cardinal Energy Ltd. (TSE:CJ) – Analysts at Atb Cap Markets raised their Q1 2025 earnings estimates for shares of Cardinal Energy in a report issued on Friday, March 14th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.17 for the quarter, up from their previous estimate of $0.15. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for Cardinal Energy’s current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Cardinal Energy’s Q2 2025 earnings at $0.14 EPS, FY2025 earnings at $0.55 EPS, FY2026 earnings at $0.48 EPS and FY2027 earnings at $0.30 EPS.

Separately, BMO Capital Markets lifted their price target on shares of Cardinal Energy from C$7.00 to C$7.50 in a research report on Tuesday, January 14th.

Cardinal Energy Stock Performance

CJ stock opened at C$6.26 on Monday. The company has a debt-to-equity ratio of 8.05, a quick ratio of 0.67 and a current ratio of 0.50. The stock has a market cap of C$999.19 million, a P/E ratio of 9.67, a P/E/G ratio of -0.26 and a beta of 2.81. The firm has a 50 day simple moving average of C$6.45 and a 200 day simple moving average of C$6.46. Cardinal Energy has a 52 week low of C$5.91 and a 52 week high of C$7.38.

Insider Activity at Cardinal Energy

In related news, Senior Officer Kenneth Cory Lee Younger sold 12,000 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of C$6.90, for a total value of C$82,800.00. Also, Director M. Scott Ratushny bought 10,000 shares of the company’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of C$6.12 per share, with a total value of C$61,160.00. 23.38% of the stock is owned by company insiders.

Cardinal Energy Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 17th will be paid a $0.06 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 11.50%. The ex-dividend date is Friday, February 28th. Cardinal Energy’s dividend payout ratio (DPR) is presently 111.27%.

Cardinal Energy Company Profile

Cardinal Energy Ltd is an oil-focused Canadian company. The company’s principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.