TSX:CJOil and Gas
Cardinal Energy (TSX:CJ) Valuation Check After Reford SAGD Beat And Dividend Confirmation
Cardinal Energy (TSX:CJ) is back in focus after confirming its January cash dividend of CA$0.06 per share and reporting that its Reford SAGD project exceeded its 6,000 bbl/d nameplate capacity ahead of schedule.
See our latest analysis for Cardinal Energy.
At a share price of CA$8.81, Cardinal Energy has seen a 12.8% 90 day share price return and a 43.1% one year total shareholder return, suggesting momentum has been building around its dividend policy and Reford SAGD progress.
If the income...