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Cardinal Energy Ltd. (CJ.TO)

CAD10.70 -0.17 (-1.56%)
CA TSX Energy Oil & Gas Exploration & Production
Address 400-3rd Avenue SW T2P 4H2
Calgary, AB, CA
CEO Scott Ratushny
IPO 2014-01-07
ISIN CA14150G4007

Explore sections of this company profile

Also trades on Other OTC · CRLFF (USD) Toronto Stock Exchange · CJ.TO (CAD)
Description

Cardinal Energy Ltd. is an energy company focused on the acquisition, exploration, and production of diverse oil types—including light, medium, and heavy crude known for their stable, low-decline characteristics—along with natural gas resources across Western Canada. Its primary operational footprint lies within the provinces of Alberta and Saskatchewan. As of February 24, 2022, the firm reported total proved and probable oil and gas reserves amounting to 110,391 thousand barrels of oil equivalent. Founded in 2010, Cardinal Energy Ltd. maintains its corporate headquarters in Calgary, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD10.70 -0.17 (-1.56%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.97
Float Shares
135.24M
Free Float %
77.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.08% +3.02% +8.75% +32.54% +40.09% +41.54% +104.32% +90.70% +286.79% +35.91% +6.68%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
10.70
DCF (Unlevered) 14.50 +35.5%
DCF (Levered) 9.93 -7.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 2 0
Hold 1 -2
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
2.97
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Exploration & Production: +0.0%
    -28.1% Q1'26: -5.1% (vs Q1'25)
  • EPS growth Oil & Gas Exploration & Production: +11.9%
    -80.9% Q1'26: -51.9% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Exploration & Production: +19.3%
    +27.9% Q1'26: +4.9% (vs Q1'25)
  • EBIT margin Oil & Gas Exploration & Production: +22.0%
    +20.2% Q1'26: +28.9% (vs Q1'25)
  • ROIC Oil & Gas Exploration & Production: +5.1%
    +6.2% Q1'26: +11.0% (vs Q1'25)
  • Share dilution Oil & Gas Exploration & Production: +0.0%
    +0.9% Q1'26: +6.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Exploration & Production: 0.70×
    1.18× Q1'26: 0.54× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.04) × ERP
WACC = 89% × Ke + 11% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 14.50 Current price: 10.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
3 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
35.75M
est: 31.92M (+12.0%)
206.69M
est: 197.98M (+4.4%)
178.10M
est: 163.76M (+8.8%)
195.94M
est: 199.38M (-1.7%)
316.97M
est: 295.97M (+7.1%)
383.33M
est: 362.21M (+5.8%)
391.60M
est: 389.00M (+0.7%)
226.46M
est: 227.00M (-0.2%)
448.76M
est: 427.00M (+5.1%)
741.84M
est: 759.85M (-2.4%)
481.12M
est: 513.51M (-6.3%)
611.12M
est: 556.20M (+9.9%)
439.43M
est: 503.00M (-12.6%)
663.53M
601.75M – 725.32M
+31.9% YoY
628.73M
551.99M – 721.41M
-5.2% YoY
865.07M
772.35M – 968.44M
+37.6% YoY
581.89M
519.53M – 651.43M
-32.7% YoY
624.21M
557.31M – 698.80M
+7.3% YoY
EBITDA
47.50M
est: 10.20M (+365.5%)
132.68M
est: 63.28M (+109.7%)
-48.64M
est: 52.34M (-192.9%)
-18.71M
est: -22.75M (+17.8%)
36.20M
est: -140.31M (+125.8%)
196.25M
est: 11.18M (+1,655.1%)
89.42M
est: 152.09M (-41.2%)
-171.31M
est: 10.49M (-1,733.6%)
385.95M
est: 15.21M (+2,436.8%)
410.56M
est: 14.53M (+2,724.7%)
253.64M
est: 290.10M (-12.6%)
252.94M
est: 314.22M (-19.5%)
206.60M
est: 284.17M (-27.3%)
374.86M
339.95M – 409.76M
+31.9% YoY
355.20M
311.84M – 407.55M
-5.2% YoY
488.71M
436.33M – 547.11M
+37.6% YoY
328.74M
293.50M – 368.02M
-32.7% YoY
352.64M
314.85M – 394.78M
+7.3% YoY
EBIT
35.58M
est: 3.90M (+812.9%)
71.28M
est: 24.17M (+194.9%)
-141.35M
est: 32.65M (-533.0%)
-110.59M
est: -170.47M (+35.1%)
-68.10M
est: -114.39M (+40.5%)
99.06M
est: -78.96M (+225.4%)
-11.29M
est: 110.79M (-110.2%)
-247.44M
est: 8.52M (-3,002.7%)
299.82M
est: 12.37M (+2,324.3%)
300.03M
est: 11.81M (+2,439.4%)
142.34M
est: 186.09M (-23.5%)
147.86M
est: 201.56M (-26.6%)
88.56M
est: 182.28M (-51.4%)
240.45M
218.06M – 262.84M
+31.9% YoY
227.84M
200.03M – 261.42M
-5.2% YoY
313.48M
279.88M – 350.94M
+37.6% YoY
210.87M
188.27M – 236.06M
-32.7% YoY
226.20M
201.96M – 253.23M
+7.3% YoY
Net Income
35.20M
est: 826.1K (+4,160.9%)
53.81M
est: 218.30M (-75.4%)
-95.90M
est: 56.18M (-270.7%)
-87.32M
est: -91.87M (+5.0%)
-57.60M
est: -150.29M (+61.7%)
60.54M
est: -66.10M (+191.6%)
-34.34M
est: 61.02M (-156.3%)
-363.16M
est: -15.33M (-2,268.8%)
284.42M
est: -22.24M (+1,378.7%)
302.69M
est: -21.25M (+1,524.5%)
103.60M
est: 116.96M (-11.4%)
108.35M
est: 116.96M (-7.4%)
20.80M
est: 48.98M (-57.5%)
188.00M
61.92M – 235.28M
+283.9% YoY
131.50M
60.34M – 200.49M
-30.1% YoY
145.40M
125.14M – 167.99M
+10.6% YoY
136.81M
117.75M – 158.06M
-5.9% YoY
98.76M
85.00M – 114.11M
-27.8% YoY
SGA
6.95M
est: 1.74M (+298.5%)
18.31M
est: 130.24M (-85.9%)
20.09M
est: 91.05M (-77.9%)
20.98M
est: 112.07M (-81.3%)
28.34M
est: 231.46M (-87.8%)
27.35M
est: 197.50M (-86.2%)
25.45M
est: 188.17M (-86.5%)
18.96M
est: 81.88M (-76.8%)
22.85M
est: 118.79M (-80.8%)
25.71M
est: 113.48M (-77.3%)
26.89M
est: 26.99M (-0.4%)
29.29M
est: 29.23M (+0.2%)
32.26M
est: 26.44M (+22.0%)
34.88M
31.63M – 38.12M
+31.9% YoY
33.05M
29.01M – 37.92M
-5.2% YoY
45.47M
40.60M – 50.90M
+37.6% YoY
30.59M
27.31M – 34.24M
-32.7% YoY
32.81M
29.29M – 36.73M
+7.3% YoY
EPS
0.88
est: 0.01 (+16,987.4%)
1.23
est: 0.70 (+74.8%)
-1.63
est: -1.68 (+3.0%)
-1.25
est: -0.83 (-51.2%)
-0.61
est: -0.06 (-842.5%)
0.53
est: -0.31 (+272.9%)
-0.30
est: -0.15 (-104.5%)
-3.20
est: -4.28 (+25.2%)
1.98
est: 1.46 (+36.1%)
1.97
est: 1.52 (+29.8%)
0.66
est: 0.74 (-10.6%)
0.68
est: 0.72 (-5.1%)
0.13
est: 0.30 (-57.0%)
1.03
0.38 – 1.45
+241.3% YoY
0.82
0.37 – 1.24
-20.8% YoY
0.90
0.77 – 1.04
+9.9% YoY
0.85
0.73 – 0.98
-5.9% YoY
0.61
0.53 – 0.70
-27.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-07 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-06 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-05 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-04 B- 3/5 3/5 2/5 3/5 3/5 1/5 3/5
2026-05-01 B- 3/5 3/5 2/5 4/5 2/5 1/5 3/5
2026-04-30 B- 3/5 3/5 2/5 4/5 2/5 1/5 3/5
2026-04-29 B 3/5 3/5 3/5 4/5 2/5 1/5 3/5
2026-04-28 B 3/5 3/5 3/5 4/5 2/5 1/5 3/5
2026-04-27 B 3/5 3/5 3/5 4/5 2/5 1/5 3/5
2026-04-24 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-04-23 B 3/5 4/5 3/5 4/5 1/5 1/5 3/5
2026-04-22 B 3/5 4/5 3/5 4/5 1/5 1/5 3/5
2026-04-21 B 3/5 4/5 3/5 5/5 1/5 1/5 3/5
2026-04-20 B 3/5 4/5 3/5 5/5 1/5 1/5 3/5
2026-04-17 B 3/5 4/5 3/5 5/5 1/5 1/5 3/5
2026-04-16 B 3/5 4/5 3/5 5/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-154.17M
OE per share TTM
-0.95
Owner's Yield
-7.44%
Maintenance CapEx ratio
516.87%
Maint CapEx / Avg PPE
220.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 23 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares S&P/TSX SmallCap Index ETF XCS.TO 0.46% 783.3K 0.60%
2 iShares Oil & Gas Exploration & Production UCITS ETF IOGP.L 0.15% 589.8K 0.55%
3 Dimensional - International Small Cap Value ETF DISV 0.12% 5.82M 0.42%
4 State Street SPDR S&P International Small Cap ETF GWX 0.10% 904.5K 0.40%
5 Avantis International Small Cap Value ETF AVDV 0.07% 12.94M 0.36%
6 Dimensional - International Small Cap ETF DFIS 0.05% 2.76M 0.39%
7 iShares $ Treasury Bond 3-7yr UCITS ETF CBUG.DE 0.05% 209.0K 0.10%
8 Dimensional - International Vector Equity ETF DXIV 0.05% 87.7K 0.53%
9 Avantis International Small Cap Equity ETF AVDS 0.03% 108.9K 0.30%
10 Schwab Fundamental International Small Company Index ETF FNDC 0.03% 1.03M 0.39%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
500.3K
Shares Outstanding
174.86M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Scott Ratushny Chairman & Chief Executive Officer 1M male
Shawn A. Van Spankeren Chief Financial Officer 850.2K male
Robert Ernest Wollmann Senior Vice President of Exploration 807.0K male
Dale John Orton Chief Operating Officer 806.9K male
Heath Williamson Vice President of Thermal Operations 490.1K male
Shannon Margaret Gangl Corporate Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits