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.

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Cardinal Energy Ltd (Alberta) > 🚩This stock slowly drips down negating the dividend.🚩

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Comment by CJInvestoron Feb 01, 2024 1:55pm

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Post# 35857615

RE:RE:🚩This stock slowly drips down negating the dividend.🚩

I'm no longer a cj investor (all in ATH) but it's funny these shorters come on my group and say ATH sucks because it doesn't pay a dividend preferring buybacks only. They can't have it both ways. They do get an A for their determination to influence share price lower with the 20 or so people who come on this group. Must have a lot of free time on their hands.

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