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) > Total return, not just dividend return

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Comment by Moremoney4uon Sep 15, 2022 8:24am

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Post# 34963851

RE:RE:Total return, not just dividend return

GREAT POST. CJ is a GEM. ERIC HAD VERY HIGH PRAISES FOR all the right things that CJ is doing. The dividend is amazing,and all the other metrics are STELLAR. I would not be surprised if we acquire another producer shortly. The dividend will again be increased in the new year, and the stock price will rise accordingly. LOAD UP THE TRUCK.

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