Cardinal Energy stock sits 0.88 percent below 52-week high

Published on 10/17/2026 at 21:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 5, 2026. Cardinal Energy stock was last at CAD 13.45 on October 16, 2026, up 0.60 percent on the TSX.

Price position and valuation

The TSX session left Cardinal Energy 0.88 percent below its high on October 16, 2026.
RBC Capital set a CAD 14.50 target on October 13, 2026.
Cardinal Energy stock was last at CAD 13.45 on October 16, 2026, up 0.60 percent versus the TSX prior close.
Cardinal Energy had a price-to-earnings ratio of 39.85 as of October 16, 2026.

CJ, CA14150G4007, Illustration mit AI erstellt.

Cardinal Energy stock sat 0.88 percent below its 52-week high of CAD 13.57 on October 16, 2026. The last TSX quote was CAD 13.45, up 0.60 percent from the prior close of CAD 13.37.

Analyst target reaches CAD 14.50

RBC Capital cut its rating on October 13, 2026, from Outperform to Sector Perform while raising its price target from CAD 14.00 to CAD 14.50. Markets Insider said the firm cited valuation for the downgrade. The new target stands 7.81 percent above the October 16 TSX price.

Results date carries CAD 0.26 estimate

Cardinal Energy's next reporting date is November 5, 2026, after market close, according to its investor calendar. The company reported second-quarter 2026 revenue of CAD 194.0 million and net income of CAD 68.4 million, with net income up 341.00 percent from the second quarter of 2025, according to Simply Wall St. The comparison is based on the same reported periods.

Price range and valuation

The October 16 session ranged from CAD 13.26 to CAD 13.51, while volume reached 1,206,361 shares against an average of 1,070,196. Cardinal Energy's 52-week range was CAD 7.55 to CAD 13.57, putting the last quote 77.? percent above the low and 0.88 percent below the high. The first calculation is omitted because the supplied quote and range are from different snapshot fields. The market capitalization was CAD 2.4 billion and the price-to-earnings ratio was 39.85 as of October 16, 2026.

Consensus earnings per share for the November 5 report stood at CAD 0.26, according to Investing.com. The estimate gives the upcoming report a concrete benchmark, while the current valuation remains materially higher than the price-to-earnings ratios of Canadian Natural Resources and Whitecap Resources.

Comparison with peers

CJ (TSX, CAD): plus 0.60 percent, price-to-earnings ratio 39.85, market capitalization CAD 2.4 billion.

Canadian Natural Resources (TSX, CAD): plus 3.19 percent, price-to-earnings ratio 13.54, market capitalization CAD 156.9 billion.

Whitecap Resources (TSX, CAD): plus 2.59 percent, price-to-earnings ratio 17.26, market capitalization CAD 24.5 billion.

Next date and market position

Cardinal Energy is scheduled to report third-quarter 2026 results on November 5, 2026, after market close. The stock's position near its 52-week high contrasts with a price-to-earnings ratio well above the two larger Canadian oil and gas peers listed above.

Cardinal Energy was last at CAD 13.45 on the TSX on October 16, 2026 at 4:00 p.m. ET, up 0.60 percent versus the TSX prior close of CAD 13.37.