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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Cardinal Energy Ltd    CJ   CA14150G4007

CARDINAL ENERGY LTD

(CJ)
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Delayed Quote. Delayed Toronto Stock Exchange - 03/18 04:41:01 pm
2.33 CAD   +5.91%
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Cardinal Energy : confirms monthly dividend for January

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01/11/2019 | 11:49am EDT
Jan 11, 2019

Calgary, Alberta - Cardinal Energy Ltd. ('Cardinal' or the 'Company') (TSX: CJ) confirms that a dividend of $0.01 per common share will be paid on February 15, 2019 to shareholders of record on January 31, 2019. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an 'eligible dividend' for Canadian income tax purposes.

About Cardinal Energy Ltd.

Cardinal is a junior Canadian oil focused company built to provide investors with a stable platform for dividend income and growth. Cardinal's operations are focused in low decline light and medium quality oil in Alberta and Saskatchewan.

For further information: M. Scott Ratushny, CEO or Laurence Broos, VP Finance, Cardinal Energy Ltd., 600, 400 - 3rd Avenue SW, Calgary, AB T2P 4H2, Main Phone: (403) 234-8681 Website: www.cardinalenergy.ca


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Disclaimer

Cardinal Energy Ltd. published this content on 11 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 January 2019 15:48:08 UTC

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Financials (CAD)
Sales 2018 382 M
EBIT 2018 -39,0 M
Net income 2018 -31,3 M
Debt 2018 257 M
Yield 2018 17,5%
P/E ratio 2018 -
P/E ratio 2019 5,64
EV / Sales 2018 1,35x
EV / Sales 2019 1,25x
Capitalization 258 M
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Technical analysis trends CARDINAL ENERGY LTD
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 3,45  CAD
Spread / Average Target 57%
EPS Revisions
Managers
NameTitle
Michael Scott Ratushny Chairman, President & Chief Executive Officer
Dale J. Orton Chief Operating Officer
Shawn A. Van Spankeren Chief Financial Officer
Connie Shevkenek Vice President-Engineering
David D. Johnson Independent Director
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