Bullboard - Stock Discussion Forum 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... see more

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TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Dividend in this market is everything

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Post by MrICE on May 09, 2022 4:56pm

Dividend in this market is everything

Cardinal and all the Canadian oil companies are making ridiculous amounts of free cash flow.

I’m Patient to wait out share price appreciation. Dividends will just make it easier.Cardinal will let us know Thursday night to see how big div is going to be. I'm thinking they will do what they said 7 cents with parameters on the next increase.
Management has the opportunity to put themselves on the map. Let's be the first one to actually get close to a Double digit dividend. The other small oil companies need to chase us.let's set the bar.

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