Atb Cap Markets Expects Reduced Earnings for Cardinal Energy

Cardinal Energy Ltd. (TSE:CJ) – Analysts at Atb Cap Markets reduced their Q1 2025 EPS estimates for shares of Cardinal Energy in a research note issued to investors on Monday, January 6th. Atb Cap Markets analyst A. Arif now expects that the company will earn $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.

Several other equities research analysts also recently weighed in on the company. Royal Bank of Canada cut their price objective on Cardinal Energy from C$8.00 to C$7.00 in a report on Tuesday, September 17th. BMO Capital Markets cut their price target on Cardinal Energy from C$7.50 to C$7.00 in a research note on Friday, October 4th. Finally, CIBC lowered their price objective on Cardinal Energy from C$8.75 to C$8.00 in a research note on Friday, November 8th.

Cardinal Energy Stock Performance

TSE CJ opened at C$6.80 on Wednesday. The firm’s fifty day moving average price is C$6.44 and its two-hundred day moving average price is C$6.60. The stock has a market cap of C$1.08 billion, a PE ratio of 9.32, a PEG ratio of -0.26 and a beta of 2.81. 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 has a fifty-two week low of C$5.98 and a fifty-two week high of C$7.38.

Cardinal Energy Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a dividend of $0.06 per share. This represents a $0.72 annualized dividend and a yield of 10.59%. The ex-dividend date was Friday, November 29th. Cardinal Energy’s payout ratio is presently 98.63%.

Insider Activity

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

Cardinal Energy Company Profile

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.