Q1 EPS Estimates for Cardinal Energy Cut by Atb Cap Markets

Cardinal Energy Ltd. (TSE:CJ) – Atb Cap Markets reduced their Q1 2025 earnings estimates for shares of Cardinal Energy in a research report issued to clients and investors on Monday, January 6th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.12 per share for the quarter, down from their previous forecast of $0.17. 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 $0.12 EPS, FY2025 earnings at $0.51 EPS, FY2026 earnings at $0.49 EPS and FY2027 earnings at $0.30 EPS.

A number of other equities research analysts also recently commented on CJ. Royal Bank of Canada reduced their target price on Cardinal Energy from C$8.00 to C$7.00 in a research report on Tuesday, September 17th. BMO Capital Markets cut their price objective on Cardinal Energy from C$7.50 to C$7.00 in a research report on Friday, October 4th. Finally, CIBC decreased their target price on shares of Cardinal Energy from C$8.75 to C$8.00 in a research report on Friday, November 8th.

Cardinal Energy Stock Up 1.2 %

CJ stock opened at C$6.82 on Wednesday. Cardinal Energy has a one year low of C$5.98 and a one year high of C$7.38. The firm has a market cap of C$1.09 billion, a PE ratio of 9.34, a PEG ratio of -0.26 and a beta of 2.81. The firm’s 50 day moving average price is C$6.44 and its 200-day moving average price is C$6.60. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.67 and a current ratio of 0.73.

Cardinal Energy Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a $0.06 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.72 annualized dividend and a dividend yield of 10.56%. Cardinal Energy’s dividend payout ratio is presently 98.63%.

Insider Buying and Selling

In related news, Director John Festival acquired 50,050 shares of Cardinal Energy stock in a transaction dated Monday, November 11th. The shares were acquired at an average cost of C$6.20 per share, for a total transaction of C$310,310.00. Also, Director M. Scott Ratushny bought 10,000 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were bought at an average cost of C$6.12 per share, with a total value of C$61,160.00. In the last 90 days, insiders have bought 137,650 shares of company stock valued at $852,718. Corporate insiders own 23.38% of the company’s stock.

About Cardinal Energy

Cardinal Energy Ltd. engages in the acquisition, development, optimization, 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.