Cardinal Energy Ltd.

TSX:CJ Stock Report

Market Cap: CA$1.9b

Cardinal Energy Past Earnings Performance

Past criteria checks 0/6

Cardinal Energy's earnings have been declining at an average annual rate of -28.7%, while the Oil and Gas industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 6% per year. Cardinal Energy's return on equity is 1.1%, and it has net margins of 2.2%.

Key information

-28.72%

Earnings growth rate

-31.44%

EPS growth rate

Oil and Gas Industry Growth42.11%
Revenue growth rate6.01%
Return on equity1.10%
Net Margin2.20%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 14

Cardinal Energy's (TSE:CJ) Soft Earnings Don't Show The Whole Picture

Shareholders appeared unconcerned with Cardinal Energy Ltd.'s ( TSE:CJ ) lackluster earnings report last week. We think...

Recent updates

Narrative Update May 17

NACHO - OIL OUTLOOK UPDATE

May 17th 2026: “Not A Chance Hormuz Opens” Iran 'leadership' wants war, always has... Oil price forecast with Global SPR rebuilds into 2028 should support oil prices above $70USD WTI beyond Redford 2 commissioning date.
Analysis Article May 14

Cardinal Energy's (TSE:CJ) Soft Earnings Don't Show The Whole Picture

Shareholders appeared unconcerned with Cardinal Energy Ltd.'s ( TSE:CJ ) lackluster earnings report last week. We think...
Analysis Article Jan 22

Cardinal Energy (TSE:CJ) Will Pay A Dividend Of CA$0.06

The board of Cardinal Energy Ltd. ( TSE:CJ ) has announced that it will pay a dividend on the 17th of February, with...
Analysis Article Dec 16

Cardinal Energy (TSE:CJ) Has Affirmed Its Dividend Of CA$0.06

The board of Cardinal Energy Ltd. ( TSE:CJ ) has announced that it will pay a dividend of CA$0.06 per share on the 15th...
Analysis Article Nov 19

Cardinal Energy (TSE:CJ) Has Announced A Dividend Of CA$0.06

Cardinal Energy Ltd.'s ( TSE:CJ ) investors are due to receive a payment of CA$0.06 per share on 15th of December. This...
Analysis Article Oct 28

Cardinal Energy's (TSE:CJ) Dividend Will Be CA$0.06

Cardinal Energy Ltd. ( TSE:CJ ) has announced that it will pay a dividend of CA$0.06 per share on the 17th of November...
Analysis Article Oct 15

Cardinal Energy Ltd.'s (TSE:CJ) Share Price Is Matching Sentiment Around Its Earnings

Cardinal Energy Ltd.'s ( TSE:CJ ) price-to-earnings (or "P/E") ratio of 14.1x might make it look like a buy right now...
Analysis Article Sep 17

Cardinal Energy (TSE:CJ) Is Paying Out A Dividend Of CA$0.06

Cardinal Energy Ltd. ( TSE:CJ ) will pay a dividend of CA$0.06 on the 15th of October. Based on this payment, the...
Analysis Article Aug 22

Cardinal Energy (TSE:CJ) Is Due To Pay A Dividend Of CA$0.06

The board of Cardinal Energy Ltd. ( TSE:CJ ) has announced that it will pay a dividend of CA$0.06 per share on the 15th...
Analysis Article Jul 25

Cardinal Energy's (TSE:CJ) Dividend Will Be CA$0.06

The board of Cardinal Energy Ltd. ( TSE:CJ ) has announced that it will pay a dividend on the 15th of August, with...
Analysis Article Jun 16

The Return Trends At Cardinal Energy (TSE:CJ) Look Promising

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Mar 04

Improved Earnings Required Before Cardinal Energy Ltd. (TSE:CJ) Shares Find Their Feet

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
Analysis Article Jul 17

Returns On Capital Are Showing Encouraging Signs At Cardinal Energy (TSE:CJ)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article May 04

We Think Cardinal Energy Ltd.'s (TSE:CJ) CEO Compensation Looks Fair

Key Insights Cardinal Energy's Annual General Meeting to take place on 10th of May Salary of CA$350.0k is part of CEO...
Analysis Article Apr 25

Cardinal Energy (TSE:CJ) Will Pay A Dividend Of CA$0.06

The board of Cardinal Energy Ltd. ( TSE:CJ ) has announced that it will pay a dividend on the 15th of May, with...

Revenue & Expenses Breakdown

How Cardinal Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:CJ Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2646210340
31 Dec 2543921320
30 Sep 2545177310
30 Jun 2546888290
31 Mar 25503113290
31 Dec 24497108290
30 Sep 24496103280
30 Jun 24514117280
31 Mar 24486104270
31 Dec 23481104270
30 Sep 23488197280
30 Jun 23490191280
31 Mar 23561262270
31 Dec 22592303260
30 Sep 22580228250
30 Jun 22537457230
31 Mar 22436368220
31 Dec 21369284190
30 Sep 21312365170
30 Jun 2126898160
31 Mar 2121362150
31 Dec 20193-363170
30 Sep 20213-498190
30 Jun 20236-493200
31 Mar 20299-469230
31 Dec 19326-34230
30 Sep 1930166240
30 Jun 1931774270
31 Mar 1932057270
31 Dec 1831961270
30 Sep 18353-79310
30 Jun 18333-100300
31 Mar 18297-78290
31 Dec 17271-58280
30 Sep 17237-35240
30 Jun 17210-28220
31 Mar 17196-64220
31 Dec 16171-87210
30 Sep 16158-54200
30 Jun 16149-156200
31 Mar 16151-99200
31 Dec 15156-96200
30 Sep 15172-70220
30 Jun 1518158210

Quality Earnings: CJ has a large one-off loss of CA$50.0M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: CJ's current net profit margins (2.2%) are lower than last year (22.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CJ's earnings have declined by 28.7% per year over the past 5 years.

Accelerating Growth: CJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CJ had negative earnings growth (-91%) over the past year, making it difficult to compare to the Oil and Gas industry average (-13.8%).


Return on Equity

High ROE: CJ's Return on Equity (1.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/26 00:50
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cardinal Energy Ltd. is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Cormark
Laique Ahmad Amir ArifATB Cormark
Garett UrsuATB Cormark Historical (Cormark Securities)