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) > Dividends are very important now

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Comment by MohelJFoxon May 12, 2022 4:56pm

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Post# 34679446

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividends are very important now

drdrab wrote: But can you explain where you pulled that 2.5c a share from on Gxe? Why don't you read their while earning release? The info is right there. You just have to read to the end and pay attention to what you are reading. 1 cent 1Q. 2.6 cent 2Q. 1.5 cent 3Q. 1.9 cent 4Q.

Hey Dr. !

New guy ?
Thanks, the cookie crumbs are adding up er sorta ?

So meat stick said it's a 6.5% divi, that's what caught my eye.

I asked politely for him to explain that number , and I got a lesson in markets that go up and down?

Adding the "projected" divi's I get 7c/yr on a current $1.40 stock.

That is not 7% ?
It's 5 which is "projected" and if you go back a week to where it was trading higher, it's 4.5%_____ I mean not great, but decent right ?

This board rocks, well when it comes to CJ anyway !