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) > Dividend coming, 14.00 target

<< Previous

Bullboard Posts

Next >>

Post by Moremoney4uon Sep 12, 2022 5:22pm

239 Views

Post# 34957876

Dividend coming, 14.00 target

It’s all very good, 7.5% dividend, lots of growth, etc. It’s down , time to buy on dips, Eric still says it’s doing all the right things. Target 14.00 $$ Plus. One day of trading does not make a trend. The next 2 quarters, might see a increase in DIVY, according to their statement. Bought back shares recently, and is paying the shareholders back NOW. All the ingredients are there. Load up the truck.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec