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Cardinal Energy Declares March Dividend Amidst Strategic Growth

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Cardinal Energy Declares March Dividend Amidst Strategic Growth

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

Cardinal Energy Ltd. has announced a monthly dividend of $0.06 per common share for March, payable on April 15, 2025, to shareholders of record as of March 31, 2025. This move underscores Cardinal’s commitment to providing shareholder value and highlights its stable financial position in the oil and gas industry.

More about Cardinal Energy

Cardinal Energy Ltd. is a Canadian oil and natural gas company focused on low decline oil operations in Western Canada. The company distinguishes itself with the lowest decline conventional asset base in the region and has initiated its first thermal SAGD oil development project to enhance long-term sustainability.

YTD Price Performance: -3.95%

Average Trading Volume: 691,499

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$976.1M

For an in-depth examination of CJ stock, go to TipRanks’ Stock Analysis page.

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