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. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. 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 OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.

TSX:CJ - Post by User

Cardinal Energy Ltd (Alberta)

Bullboard Posts

Comment by bdepardeon Aug 02, 2017 7:16pm

138 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 ?