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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

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Post by divime1 on Sep 20, 2023 4:39pm

The good news

is the average price for the third quarter is $ 81.08 . The average in Q 2 was $ 73.48 . This will reduce the payout ratio .

https://ca.investing.com/commodities/crude-oil-historical-data
Comment by Coopsvw92 on Sep 20, 2023 11:16pm
Production will be higher too.
Comment by irinka37 on Sep 21, 2023 12:41am
This post has been removed in accordance with Community Policy
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