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

Alternate Symbol(s): CRLFF

Energy Oil & Gas E&P

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil 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... see more

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TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Tough day

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Post by Luckyeleven on Sep 23, 2022 7:02pm

Tough day

but better than most and you have that dividend to fall back on. Not sure at what oil price it's sustainable but think oil could go to 70 and CJ will still pay it. Time will tell and still bullish on the oil price.

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