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) > Eric Nuttall on Market Call today

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Comment by BigJakeon Sep 16, 2022 4:40pm

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Post# 34968058

RE:RE:RE:RE:RE:RE:RE:Eric Nuttall on Market Call today

jx7000 wrote:
RusticHit wrote: 7.50ss as predicted now Yielding 9% will start to buy slowly as this could go under 7 next week if Fed surprise with 1 % Hike and Kick the Investors Azz,,,,,,,,,,,,,,,,,,,as always

That's exactly what I'm waiting for--I have a buy order for under $7. BTW, my Questrade page says that CJ is paying a 7.58% div. Where did you get 9% yield?

Many of the Investor platforms are still showing the 5 cent monthly dividend not 6 cents, they will update eventually.

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