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Bullboard - Stock Discussion Forum Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF | T.CJ.WT | T.CJ.DB

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) > Today it's $ 12.77
View:
Post by divime1 on May 12, 2023 6:44pm

Today it's $ 12.77

What difference does this make to the bottom line  ?

FIRST QUARTER OVERVIEW

Western Canadian Select ("WCS") oil differentials. WCS differentials averaged almost US$25/bbl in the first quarter but have materially decreased in the second quarter averaging approximately US$15/bbl to date.

T
Comment by masfortuna on May 15, 2023 12:44pm
Very BIG. Look at Q2 2022 to get a good idea.  That's when the differential averaged about $15.
Cardinal Energy Ltd (Alberta)