Cardinal Energy Ltd. engages in the acquisition, exploration, and production of oil and natural gas in the provinces of Alberta and Saskatchewan, Canada.
Fair value with imperfect balance sheet.
Share Price & News
How has Cardinal Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CJ's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: CJ underperformed the Canadian Oil and Gas industry which returned -26.2% over the past year.
Return vs Market: CJ underperformed the Canadian Market which returned -11.4% over the past year.
Price Volatility Vs. Market
How volatile is Cardinal Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs There An Opportunity With Cardinal Energy Ltd.'s (TSE:CJ) 79% Undervaluation?
2 months ago | Simply Wall StDid You Manage To Avoid Cardinal Energy's (TSE:CJ) 95% Share Price Wipe Out?
3 months ago | Simply Wall StWe Think Cardinal Energy (TSE:CJ) Is Taking Some Risk With Its Debt
Is Cardinal Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CJ (CA$0.51) is trading below our estimate of fair value (CA$2.47)
Significantly Below Fair Value: CJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CJ is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: CJ is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CJ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CJ is good value based on its PB Ratio (0.2x) compared to the CA Oil and Gas industry average (0.6x).
How is Cardinal Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CJ's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CJ's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CJ's revenue (7.6% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: CJ's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CJ's Return on Equity is forecast to be high in 3 years time
How has Cardinal Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CJ is currently unprofitable.
Growing Profit Margin: CJ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CJ is unprofitable, and losses have increased over the past 5 years at a rate of -10.7% per year.
Accelerating Growth: Unable to compare CJ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CJ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).
Return on Equity
High ROE: CJ has a negative Return on Equity (-167.06%), as it is currently unprofitable.
How is Cardinal Energy's financial position?
Financial Position Analysis
Short Term Liabilities: CJ's short term assets (CA$43.8M) do not cover its short term liabilities (CA$115.8M).
Long Term Liabilities: CJ's short term assets (CA$43.8M) do not cover its long term liabilities (CA$307.0M).
Debt to Equity History and Analysis
Debt Level: CJ's debt to equity ratio (84.6%) is considered high.
Reducing Debt: CJ's debt to equity ratio has increased from 5.6% to 84.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.1% per year.
What is Cardinal Energy's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CJ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CJ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CJ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CJ is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CJ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
M. Ratushny (54yo)
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 ($USD1.32M) is above average for companies of similar size in the Canadian market ($USD165.83K).
Compensation vs Earnings: M.'s compensation has increased whilst the company is unprofitable.
|Chairman & CEO||7.92yrs||CA$1.79m||1.63% CA$939.6k|
|Chief Financial Officer||2.42yrs||CA$1.05m||no data|
|Chief Operating Officer||2.58yrs||CA$976.08k||no data|
|Senior Vice President of Exploration||2.58yrs||CA$1.02m||no data|
|Corporate Secretary||no data||no data||no data|
Experienced Management: CJ's management team is considered experienced (2.6 years average tenure).
|Chairman & CEO||7.92yrs||CA$1.79m||1.63% CA$939.6k|
|Independent Director||7.92yrs||CA$193.45k||1.18% CA$682.1k|
|Independent Director||7.92yrs||CA$193.45k||0.38% CA$217.5k|
|Independent Director||6.42yrs||CA$197.45k||0.070% CA$40.3k|
|Lead Independent Director||no data||CA$185.45k||0.040% CA$23.2k|
Experienced Board: CJ's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CJ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cardinal Energy Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Cardinal Energy Ltd.
- Ticker: CJ
- Exchange: TSX
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$57.816m
- Shares outstanding: 113.36m
- Website: https://www.cardinalenergy.ca
Number of Employees
- Cardinal Energy Ltd.
- 400-3rd Avenue SW
- Suite 600
- T2P 4H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CJ||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2013|
|C0Y||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2013|
|CRLF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2013|
Cardinal Energy Ltd. engages in the acquisition, exploration, and production of oil and natural gas in the provinces of Alberta and Saskatchewan, Canada. Its principal properties are located in Bantry, Mitsue, House Mountain, Grande Prairie, Wainwright, and Midale. The company was incorporated in 2010 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/03 04:25|
|End of Day Share Price||2020/06/02 00:00|
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.