Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is an oil and gas company with operations focused on low decline oil in Western Canada. It is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. It has over 730 million original oils in place (OOIP) and its low decline production of approximately 3,200 barrels of oil equivalent per day (boe/d) is supported by both water and carbon dioxide (CO2) enhanced oil recovery (EOR). Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large original oil in place (OOIP) pools. Its North area includes Grande Prairie, Clearwater, House Mountain, Mica, and Mitsue properties.

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Cardinal Energy Ltd (Alberta)

Bullboard Posts

Comment by bdepardeon Aug 02, 2017 7:16pm

134 Views

Post# 26540670

RE:RE:RE:The shares are plummeting because

Canadian oil sands. It was quite funny actually I was waiting for the divi to get cutnjust like this stock and then jump in when it tanked. I'm pretty sure it went up over 30% on the divi cut... hilarious.

tvstock wrote: Do you guys remember what happened when CPG cut the dividends?

Keep it . Payout is ok.

PLEASE GIVE ME AN EXAMPLE OF STOCK PRICE IMPROVEMENT AFTER A DIVIDEND CUT. .ANY ?