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Cardinal Energy Declares May Dividend and Advances Strategic Projects

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Cardinal Energy Declares May Dividend and Advances Strategic Projects

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

Cardinal Energy Ltd. has announced a monthly dividend of $0.06 per common share, payable on June 16, 2025, to shareholders recorded by May 30, 2025. This dividend, declared as an eligible dividend for Canadian tax purposes, reflects Cardinal’s continued commitment to providing shareholder value while advancing its strategic projects in sustainable oil production.

The most recent analyst rating on (TSE:CJ) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Cardinal Energy stock, see the TSE:CJ Stock Forecast page.

Spark’s Take on TSE:CJ Stock

According to Spark, TipRanks’ AI Analyst, TSE:CJ is a Outperform.

Cardinal Energy demonstrates strong financial performance with robust revenue growth and efficient cash flow generation. Notably, its valuation is compelling, supported by a high dividend yield. However, technical indicators suggest caution due to potential bearish trends. Recent corporate events showcasing strategic growth initiatives further enhance the stock’s attractiveness.

To see Spark’s full report on TSE:CJ stock, click here.

More about Cardinal Energy

Cardinal Energy Ltd. is a Canadian oil and natural gas company focused on low decline sustainable oil production in Western Canada. The company is currently completing its first thermal SAGD project in Southwest Saskatchewan, aiming to enhance the long-term sustainability of its assets.

Average Trading Volume: 799,701

Technical Sentiment Signal: Buy

Current Market Cap: C$952.7M

For a thorough assessment of CJ stock, go to TipRanks’ Stock Analysis page.

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