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Cardinal Energy Declares February Dividend, Emphasizes Sustainable Growth

Story Highlights
  • Cardinal Energy is a Canadian oil and gas company focusing on low decline assets.
  • Cardinal announced a $0.06 per share dividend, highlighting steady cash flow and shareholder value.
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Cardinal Energy Declares February Dividend, Emphasizes Sustainable Growth

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Cardinal Energy ( (TSE:CJ) ) has shared an announcement.

Cardinal Energy Ltd. announced a monthly dividend of $0.06 per share for February, payable on March 17, 2025. This move reflects the company’s steady cash flow and commitment to returning value to shareholders, while leveraging its low decline asset base to maintain a competitive position in the oil and gas sector.

More about Cardinal Energy

Cardinal Energy Ltd. is a Canadian oil and natural gas company operating primarily in Western Canada. It is known for its low decline oil assets and has embarked on its first thermal SAGD oil development project to boost long-term sustainability.

YTD Price Performance: 0.47%

Average Trading Volume: 705,984

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.01B

See more data about CJ stock on TipRanks’ Stock Analysis page.

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