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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

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

Comment by Quintessential1on Jun 22, 2024 10:40am
248 Views
Post# 36101482

RE:Short Positions

RE:Short PositionsShorts are part of the market.  I wonder if management views shorts as a hindrance as they would pay a lot of dividends monthly?  Obviosly from the chart the shorts do not entirely clear out and reset every month.  As long as the share price remains range bound and investors are just collecting divies it seems to me that the shorters are actually helping to pay for the SAGD projects.   Bring 'em on!

LOL

GLTA


traderbri wrote:
Short Positions for CJ
Symbol Report Date Volume Change Shares Issued % Float
T : CJ 2024-06-15 4,793,844 321,857 159,665,796 3.00
T : CJ 2024-05-31 4,471,987 140,824 159,665,796 2.80
T : CJ 2024-05-15 4,331,163 231,200 159,638,699 2.71
T : CJ 2024-04-30 4,099,963 185,507 159,638,699 2.57
T : CJ 2024-04-15 3,914,456 -97,925 159,638,699 2.45
T : CJ 2024-03-31 4,012,381 -107,916 159,638,699 2.51
T : CJ 2024-03-15 4,120,297 -337,347 159,638,699 2.58
T : CJ 2024-02-29 4,457,644 268,571 159,638,699 2.79
T : CJ 2024-02-15 4,189,073 105,042 159,638,699 2.62
T : CJ 2024-01-31 4,084,031 -10,256 159,638,699 2.56
T : CJ 2024-01-15 4,094,287 102,882 159,638,699 2.56



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