TSX:CJOil and Gas
Cardinal Energy’s 2026 Output and Dividend Plan Could Be A Game Changer For Cardinal Energy (TSX:CJ)
Cardinal Energy Ltd. recently released its 2026 budget, forecasting average production of 25,000 to 25,500 boe/d, supported by a $75 million capital program and the continuation of a monthly $0.06 per-share cash dividend.
A key aspect of this plan is Cardinal’s emphasis on boosting volumes through full-year operations at the Reford project while aiming to preserve financial flexibility amid crude oil price volatility.
We’ll now examine how Cardinal’s plan to grow production while maintaining...