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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by forecast123on Nov 26, 2018 7:10pm
173 Views
Post# 29024416

RE:forecast123 alias: CJ's dividend in 2019 & cash flow lessons

RE:forecast123 alias: CJ's dividend in 2019 & cash flow lessonsPpl know dividend can get reduced or even eliminated.... My point is "don't claim sustainable dividend and growth" front and centered in the front page of a recent corporate presentation if the dividend is "that" shaky... Well, perhaps TD note is all wrong with their prediction esp in so precise in the timeframe of "from now till Jan for the start of dividend cut".
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