TSX:CJOil and Gas
How Early Reford SAGD Outperformance And Steady Dividend At Cardinal Energy (TSX:CJ) Has Changed Its Investment Story
Cardinal Energy Ltd. confirmed that its January cash dividend of C$0.06 per common share will be paid on February 17, 2026 to shareholders of record as of January 30, 2026, while also reporting that its Reford SAGD project surpassed its 6,000 bbl/d nameplate capacity ahead of schedule.
The combination of stronger-than-expected Reford SAGD production and a maintained monthly dividend highlights Cardinal’s focus on sustaining returns while operating on a net debt neutral basis in 2026.
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