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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) > Happy Holidays to all!
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Post by Luckyguy777on Dec 22, 2023 9:03pm
932 Views
Post# 35798774

Happy Holidays to all!

Happy Holidays to all!I hope everyone on here has a great holiday season.

I am still holding large position in this one.  Resisting buying more in taxable accounts as I am already over exposed.  I can't resist buying more in TFSA and RRSP with monthly dividend.

A little disappointed with the price action for the year as we are down more than the dividend at the moment.  I believe the dividend is safe and we have upside in the share price so there is no reason to panic.

Getting 24k+ a month in dividends makes it easy to wait.

Good luck everyone
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