| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
CJ Stock Overview
Cardinal Energy Ltd. engages in the acquisition, exploration, and production of low decline light, medium, and heavy quality oil, and natural gas in Western Canada.
Cardinal Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$7.08 |
| 52 Week High | CA$9.73 |
| 52 Week Low | CA$2.63 |
| Beta | 3.5 |
| 1 Month Change | -23.13% |
| 3 Month Change | -11.39% |
| 1 Year Change | 95.04% |
| 3 Year Change | 195.00% |
| 5 Year Change | 46.89% |
| Change since IPO | -38.60% |
Recent News & Updates
A Piece Of The Puzzle Missing From Cardinal Energy Ltd.'s (TSE:CJ) Share Price
Cardinal Energy Ltd.'s ( TSE:CJ ) price-to-earnings (or "P/E") ratio of 3.8x might make it look like a strong buy right...
Shareholder Returns
| CJ | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -8.6% | -2.1% | 0.3% |
| 1Y | 95.0% | 30.9% | -4.1% |
Return vs Industry: CJ exceeded the Canadian Oil and Gas industry which returned 27.5% over the past year.
Return vs Market: CJ exceeded the Canadian Market which returned -5.7% over the past year.
Price Volatility
| CJ volatility | |
|---|---|
| CJ Average Weekly Movement | 9.4% |
| Oil and Gas Industry Average Movement | 10.4% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 17.2% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: CJ is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CJ's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | M. Ratushny | https://www.cardinalenergy.ca |
Cardinal Energy Ltd. engages in the acquisition, exploration, and production of low decline light, medium, and heavy quality oil, and natural gas in Western Canada. It has operations in the provinces of Alberta and Saskatchewan. As of February 24, 2022, the company had total proved plus probable oil and gas reserves are 110,391 thousand barrels of oil equivalent.
Cardinal Energy Fundamentals Summary
| CJ fundamental statistics | |
|---|---|
| Market Cap | CA$1.14b |
| Earnings (TTM) | CA$367.62m |
| Revenue (TTM) | CA$436.12m |
3.1x
P/E Ratio2.6x
P/S RatioIs CJ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CJ income statement (TTM) | |
|---|---|
| Revenue | CA$436.12m |
| Cost of Revenue | CA$172.50m |
| Gross Profit | CA$263.62m |
| Other Expenses | -CA$104.00m |
| Earnings | CA$367.62m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 28, 2022
| Earnings per share (EPS) | 2.29 |
| Gross Margin | 60.45% |
| Net Profit Margin | 84.29% |
| Debt/Equity Ratio | 19.2% |
How did CJ perform over the long term?
See historical performance and comparisonDividends
8.5%
Current Dividend Yield0%
Payout RatioDoes CJ pay a reliable dividends?
See CJ dividend history and benchmarks| Cardinal Energy dividend dates | |
|---|---|
| Ex Dividend Date | Jun 29 2022 |
| Dividend Pay Date | Jul 15 2022 |
| Days until Ex dividend | 4 days |
| Days until Dividend pay date | 20 days |
Does CJ pay a reliable dividends?
See CJ dividend history and benchmarksValuation
Is CJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CJ?
Other financial metrics that can be useful for relative valuation.
| What is CJ's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$1.14b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.9x |
| Enterprise Value/EBITDA | 2.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does CJ's PE Ratio compare to its peers?
| CJ PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3x |
Price-To-Earnings vs Peers: CJ is expensive based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (3x).
Price to Earnings Ratio vs Industry
How does CJ's PE Ratio compare vs other companies in the Canadian Oil and Gas Industry?
Price-To-Earnings vs Industry: CJ is good value based on its Price-To-Earnings Ratio (3.1x) compared to the Canadian Oil and Gas industry average (7.6x)
Price to Earnings Ratio vs Fair Ratio
What is CJ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.1x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CJ's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CJ (CA$7.08) is trading below our estimate of fair value (CA$16.31)
Significantly Below Fair Value: CJ is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CJ's PEG Ratio to determine if it is good value.
Discover undervalued companies
Future Growth
How is Cardinal Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.2%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cardinal Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine whether Cardinal Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Cardinal Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Cardinal Energy performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
18.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CJ has a high level of non-cash earnings.
Growing Profit Margin: CJ's current net profit margins (84.3%) are higher than last year (29%).
Past Earnings Growth Analysis
Earnings Trend: CJ has become profitable over the past 5 years, growing earnings by 18.8% per year.
Accelerating Growth: CJ's earnings growth over the past year (494.6%) exceeds its 5-year average (18.8% per year).
Earnings vs Industry: CJ earnings growth over the past year (494.6%) exceeded the Oil and Gas industry 171.2%.
Return on Equity
High ROE: CJ's Return on Equity (48.2%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is Cardinal Energy's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CJ's short term assets (CA$89.7M) do not cover its short term liabilities (CA$95.2M).
Long Term Liabilities: CJ's short term assets (CA$89.7M) do not cover its long term liabilities (CA$263.7M).
Debt to Equity History and Analysis
Debt Level: CJ's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: CJ's debt to equity ratio has reduced from 19.4% to 19.2% over the past 5 years.
Debt Coverage: CJ's debt is well covered by operating cash flow (110.5%).
Interest Coverage: CJ's interest payments on its debt are well covered by EBIT (27.9x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Cardinal Energy current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
8.47%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CJ's dividend (8.47%) is higher than the bottom 25% of dividend payers in the Canadian market (2.08%).
High Dividend: CJ's dividend (8.47%) is in the top 25% of dividend payers in the Canadian market (5.35%)
Stability and Growth of Payments
Stable Dividend: CJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CJ has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: Unable to calculate sustainability of dividends as CJ has not reported any payouts.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (121.6%), CJ's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
M. Ratushny (56 yo)
9.92yrs
Tenure
CA$1,906,739
Compensation
Mr. M. Scott Ratushny has been the Chief Executive Officer of Cardinal Energy Ltd, since May 11, 2015 and served as its President since November 9, 2017 until February 2019. Mr. Ratushny served as the Chie...
CEO Compensation Analysis
Compensation vs Market: M.'s total compensation ($USD1.48M) is about average for companies of similar size in the Canadian market ($USD1.59M).
Compensation vs Earnings: M.'s compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: CJ's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: CJ's board of directors are considered experienced (9.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CJ insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.2%.
Top Shareholders
Company Information
Cardinal Energy Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Cardinal Energy Ltd.
- Ticker: CJ
- Exchange: TSX
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: CA$1.136b
- Shares outstanding: 160.50m
- Website: https://www.cardinalenergy.ca
Number of Employees
Location
- Cardinal Energy Ltd.
- 400-3rd Avenue SW
- Suite 600
- Calgary
- Alberta
- T2P 4H2
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/24 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.