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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

TSX:CJ - Post Discussion

Cardinal Energy Ltd (Alberta) > Net Debt
View:
Post by rascallion on Nov 08, 2022 5:15pm

Net Debt

Net Debt still $62mm...everything else looks pretty good.
Comment by egee on Nov 08, 2022 5:17pm
Deploying money, to avoid paying shareholders
Comment by JosephM1 on Nov 08, 2022 5:21pm
As per release ,  net debt at quarter end.  42 million.  Like the fact budgeted conservative numbers.  Looking good
Comment by mofwmofw on Nov 08, 2022 5:31pm
This is amazing and they used a very conservative figure of $80US. This leaves a sh-t load of room to enhance shareholder value, not just in the short term, but long term in various ways. This should have a very positive effect on the share price going forward. GLTA
Cardinal Energy Ltd (Alberta)
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