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Bullboard - Stock Discussion Forum 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... see more

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Up 5.21% What a finish !
View:
Post by MohelJFox on Oct 04, 2022 4:10pm

Up 5.21% What a finish !

Opec meeting
api and EIA reports incoming
Buybacks confirmed ($4.8 million worth) 
Dividend going up 20% 
 

What will tomorrow bring ?
Comment by mckayk3 on Oct 04, 2022 4:12pm
I beg your pardon? 20% dividend increase?
Comment by MohelJFox on Oct 04, 2022 4:23pm
When You have 5c and some one gives you an extra pennie, that penny is an additional 20% to what you had ?
Comment by MohelJFox on Oct 04, 2022 4:25pm
Check your Sept 22 news Pizon The achievement of this goal allows us to increase our returns to shareholders. The Board of Directors of Cardinal has approved an increase in our monthly dividend for the fourth quarter of 2022 from $0.05 per common share to $0.06 per common share. This represents a 20% increase in our monthly dividend.
Comment by mckayk3 on Oct 04, 2022 5:28pm
Oh you're referring to the past...  Thanks.  Most price action only takes into account the future.
Comment by egee on Oct 04, 2022 5:36pm
Might be premature, but this might set up as a nice wti average for q4 thaaaaaaat only bodes well for less debt (little) and
Comment by MohelJFox on Oct 04, 2022 5:43pm
  Alrighty
Comment by Quintessential1 on Oct 05, 2022 12:13pm
Well I loaded the boat with what I had,   In hindsight I wish I had borrowed and bought another bought to put on top of this one.  ;-) GLTA
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