$-0.03 EPS Expected for Cardinal Energy Ltd (CJ)

October 29, 2017 – By Winifred Garcia

Investors wait Cardinal Energy Ltd (TSE:CJ) to report on November, 6. its quarterly earnings Wall Street analysts expect $-0.03 earnings per share, up $0.03 or 50.00 % from last year’s $-0.06 same quarter earnings. Cardinal Energy Ltd’s Wall Street analysts see -250.00 % negative EPS growth, taking into account the $0.02 EPS reproted in the previous quarter, The stock increased 7.43% or $0.31 on October 27, reaching $4.48. About 1.82M shares traded or 172.36% up from the average. Cardinal Energy Ltd (TSE:CJ) has 0.00% since October 29, 2016 and is . It has underperformed by 16.70% the S&P500.

Cardinal Energy Ltd (TSE:CJ) Ratings Coverage

Among 4 analysts covering Cardinal Energy (TSE:CJ), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Cardinal Energy had 17 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Cardinal Energy Ltd (TSE:CJ) earned “Buy” rating by TD Securities on Wednesday, November 9. The firm earned “Sector Perform” rating on Thursday, August 17 by Scotia Capital. On Tuesday, November 8 the stock rating was maintained by RBC Capital Markets with “Outperform”. On Tuesday, January 12 the stock rating was downgraded by Dundee Securities to “Neutral”. The stock of Cardinal Energy Ltd (TSE:CJ) earned “Outperform” rating by Scotia Capital on Tuesday, November 8. Scotia Capital maintained the stock with “Outperform” rating in Wednesday, January 25 report. RBC Capital Markets maintained Cardinal Energy Ltd (TSE:CJ) on Wednesday, January 25 with “Outperform” rating.

Cardinal Energy Ltd. is a Canada-based oil-focused company. The company has market cap of $494.25 million. The Firm is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan. It currently has negative earnings. The Company’s Wainwright properties are located approximately 200 kilometers southeast of Edmonton, Alberta.

More notable recent Cardinal Energy Ltd (TSE:CJ) news were published by: Seekingalpha.com which released: “Is The Flee From Cardinal Energy Warranted?” on July 04, 2017, also Bnn.ca with their article: “Apache sells its Canadian oil assets to Cardinal Energy for $330M” published on June 01, 2017, Seekingalpha.com published: “Cardinal Energy Has Been Cut In Half But Is Fully Worth Buying” on June 12, 2017. More interesting news about Cardinal Energy Ltd (TSE:CJ) were released by: Marketwired.com and their article: “Cardinal Energy Ltd. Announces Appointment of New Officer and Confirms Monthly …” published on December 02, 2016 as well as Marketwired.com‘s news article titled: “Cardinal Energy Ltd. Announces First Quarter 2017 Results” with publication date: May 04, 2017.