Toronto Stock Exchange · Energy
Invest in Cardinal Energy stock from India
Indian and foreign residents can buy Cardinal Energy (CJ) shares directly through Paasa.
By Paasa · Updated
Cardinal Energy at a glance
- Price
- CA$11.98+CA$0.09 (0.76%)
- Market cap
- CA$2.11B
- Day range
- CA$11.97 – CA$12.21
- P/E
- 34.25
- Dividend yield
- 6.01%
- Volume
- 1.01M
- 1 month
- +0.50%
- 6 months
- +6.02%
- YTD
- +37.86%
- 1 year
- +51.65%
- 5 years
- +189.37%
Cardinal Energy statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$439.4M | CA$611.1M | CA$481.1M | CA$741.8M | CA$448.8M |
| Gross profit | CA$120.8M | CA$392.3M | CA$265.0M | CA$489.4M | CA$286.8M |
| Operating income | CA$88.6M | CA$155.3M | CA$138.2M | CA$258.2M | CA$108.8M |
| Net income | CA$20.8M | CA$108.4M | CA$103.6M | CA$302.7M | CA$284.4M |
| Earnings per share | CA$0.13 | CA$0.68 | CA$0.66 | CA$1.97 | CA$1.98 |
| EBITDA | CA$206.6M | CA$252.9M | CA$253.6M | CA$410.6M | CA$385.9M |
| Total assets | CA$1.4B | CA$1.3B | CA$1.2B | CA$1.2B | CA$1.1B |
| Total debt | CA$243.0M | CA$90.3M | CA$50.1M | CA$35.8M | CA$157.6M |
| Cash and short-term investments | CA$0.0 | CA$4.9M | CA$4.1M | CA$3.7M | CA$3.5M |
| Shareholders' equity | CA$835.5M | CA$918.3M | CA$920.7M | CA$925.4M | CA$719.2M |
| Operating cash flow | CA$206.8M | CA$247.5M | CA$230.3M | CA$337.3M | CA$125.1M |
| Free cash flow | CA$128.5M | CA$144.3M | CA$125.8M | CA$216.6M | CA$68.7M |
| Capital expenditure | −CA$78.3M | −CA$103.3M | −CA$104.4M | −CA$120.7M | −CA$56.4M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Headwater Exploration | HWX.TO | CA$13.48 | CA$3.21B |
| Spartan Delta | SDE.TO | CA$12.85 | CA$2.64B |
| Parex Resources | PXT.TO | CA$27.09 | CA$2.61B |
| Vermilion Energy | VET.TO | CA$16.36 | CA$2.50B |
| Kelt Exploration | KEL.TO | CA$10.52 | CA$2.13B |
| Birchcliff Energy | BIR.TO | CA$6.21 | CA$1.70B |
| Precision Drilling | PD.TO | CA$114.00 | CA$1.47B |
| Meren Energy | MER.TO | CA$2.14 | CA$1.45B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Cardinal Energy from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search CJ and buy
Find Cardinal Energy by name or by its ticker, CJ, and place your order.
Why invest in Cardinal Energy from India
What Cardinal Energy does
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. Cardinal Energy operates in the Oil & Gas Exploration & Production industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Cardinal Energy stock from India?
Yes. Indian residents and NRIs can buy Cardinal Energy (CJ) shares directly through Paasa. Cardinal Energy is listed on the Toronto Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Cardinal Energy shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.