CJ:CA:TSX-Cardinal Energy Ltd (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 3.10

Change

-0.08 (-2.52)%

Market Cap

CAD 0.46B

Volume

0.89M

Average Target Price

CAD 2.13 (-31.34%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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 December 31, 2020, company had total proved plus probable oil and gas reserves are 99,258 thousand barrels of oil equivalent. The company was incorporated in 2010 and is headquartered in Calgary, Canada.

Company Website : http://www.cardinalenergy.ca

Address : 400-3rd Avenue SW, Calgary, AB, Canada, T2P 4H2

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 3.64

52 Week High : 3.35

Short Ratio : 0.29

52 Week Low : 0.38

Shorted Shares : 248,992

200 Day Moving Average : 1.45

Shorted Shares Previous Month : 308,006

50 Day Moving Average : 2.62

Shares Held By Insiders : 175.05%

Shares Held by Institutions : 3.93%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-13 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

N/A

 CAD58.16B 10.95 0.71
CNQ:CA Canadian Natural Resources Lim..

-0.59 (-1.45%)

 CAD48.31B 21.74 7.52
TOU:CA Tourmaline Oil Corp

-0.92 (-3.15%)

 CAD8.68B 9.06 5.11
OVV:CA Ovintiv Inc

-0.40 (-1.30%)

 CAD8.08B 3.13 3.76
ARX:CA ARC Resources Ltd

-0.28 (-3.05%)

 CAD6.64B 17.27 4.79
WCP:CA Whitecap Resources Inc

-0.12 (-2.16%)

 CAD3.32B 8.46 5.94
PSK:CA PrairieSky Royalty Ltd

-0.20 (-1.47%)

 CAD3.05B 76.20 21.20
VII:CA Seven Generations Energy Ltd

N/A

 CAD2.82B 1.96 14.01
CPG:CA Crescent Point Energy Corp

-0.33 (-6.52%)

 CAD2.68B N/A 4.19
PXT:CA Parex Resources Inc

-0.72 (-3.44%)

 CAD2.67B 15.71 7.43

ETFs Containing CJ:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 278.05% 95% A 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 278.05% 80% B- 99% A+
Trailing 12 Months  
Capital Gain 620.93% 96% A 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 620.93% 96% A 99% A+
Trailing 5 Years  
Capital Gain -64.77% 28% F 7% F
Dividend Return 14.55% 71% C- 53% F
Total Return -50.23% 42% F 10% F
Average Annual (5 Year Horizon)  
Capital Gain -24.03% 18% F 3% F
Dividend Return 5.10% 100% A+ 91% A-
Total Return -18.94% 27% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 94.01% 25% F 4% F
Risk Adjusted Return -20.14% 49% F 12% F
Market Capitalization 0.46B 49% F 55% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 4.21 67% D+ 87% B+
Price/Book Ratio 1.21 40% F 69% D+
Price / Cash Flow Ratio 10.51 16% F 31% F
EV/EBITDA 2.16 92% A- 95% A
Management Effectiveness  
Return on Equity -65.39% 17% F 8% F
Return on Invested Capital -14.29% 25% F 13% F
Return on Assets -16.09% 13% F 7% F
Debt to Equity Ratio 63.09% 30% F 45% F
Technical Ratios  
Short Ratio 0.29 89% B+ 72% C-
Short Percent N/A N/A N/A N/A N/A
Beta 3.64 13% F 1% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.