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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > JULY 28 = Q2 RESULTS
View:
Post by TheWokeLemming on Jun 14, 2022 1:20am

JULY 28 = Q2 RESULTS

"The Company will release our second quarter 2022 results on July 28, 2022 where we will provide an update of our corporate debt reduction strategy and plans for future shareholder returns."

That last sentence sure looks like an increase in the divvy to me!   My opinion only.  
Comment by Pottsy on Jun 14, 2022 7:34am
The problem is that there are so many negative trends in the world that a brick wall is looming. Time to dump and wait, not become excited about .05 per share.
Comment by TheWokeLemming on Jun 14, 2022 8:48am
The "negative trends" have been in place for months now and only one sector has continued to climb.  FCF will be more in Q2 than at any point in the cycle.  There will be volatility, but until oil demand gets crushed or supply ramps up this story isn't changing.  My opinion only. 
Comment by Pottsy on Jun 14, 2022 9:38am
Thanks WokeL, I hear you and hope you are correct. This is a double edged sword. Yes negatives have been around a while, but gas, Diesel, avation fuel , ships bunkers doubling will impact everyone. Interest rates about to jump again. We are all impacted and the ripple effect is going to be bad. As I say I hope you are correct but I sold my last 4k shares this morning on the up. GLTA.
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