Cardinal Energy Ltd. confirms that our November dividend of $0.06 per common share will be paid on December 15, 2022 to shareholders of record on November 30, 2022. 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 works to continually improve its Environmental [...]
Cardinal Energy Ltd. is pleased to announce its operating and financial results for the third quarter ended September 30, 2022 and its 2023 budget. Selected financial and operating information is shown below and should be read in conjunction with Cardinal's unaudited condensed interim financial statements and related Management's Discussion and Analysis for the three and nine month periods ended September 30, 2022 which [...]
Cardinal Energy Ltd. confirms that our October dividend of $0.06 per common share will be paid on November 15, 2022 to shareholders of record on October 31, 2022. 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. Cardinal expects to reach the final milestone of its Three Phase 2022 Debt Repayment [...]
Cardinal Energy Ltd. , is proud to announce that we have been included in the Toronto Stock Exchange's 2022 TSX30TM, a flagship program recognizing the 30 top performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. For the three years ended June 30, 2022, Cardinal's share price increased by 222%. "I am extremely proud that Cardinal has been recognized as a leader in creating [...]
Cardinal Energy Ltd. confirms that our September dividend of $0.05 per common share will be paid on October 17, 2022 to shareholders of record on September 30, 2022. 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. Cardinal expects to achieve Phase Three of our debt reduction / returns to shareholders [...]
Cardinal Energy Ltd. confirms that our August dividend of $0.05 per common share will be paid on September 15, 2022 to shareholders of record on August 31, 2022. 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.
Cardinal Energy announces its record operating and financial results for the second quarter ended June 30, 2022. Selected financial and operating information is shown below and should be read in conjunction with Cardinal's unaudited condensed interim financial statements and related Management's Discussion and Analysis for the three and six month periods ended June 30, 2022 which are available at www.sedar.com and on our [...]
Cardinal Energy confirms that our July dividend of $0.05 per common share will be paid on August 15, 2022 to shareholders of record on July 29, 2022. 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.
Cardinal Energy is pleased to announce that holders of all outstanding warrants to acquire common shares of the Company have exercised such warrants, resulting in aggregate proceeds to Cardinal of approximately $12.4 million. The proceeds were used to reduce Cardinal's outstanding debt further supporting the Company's net debt reduction strategy. There are no remaining warrants outstanding.
Cardinal Energy confirms that our dividend of $0.05 per common share will be paid on July 15, 2022 to shareholders of record on June 30, 2022. 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 works to continually improve its Environmental, Social and Governance [...]
Cardinal Energy Ltd. held its annual and special shareholders meeting today. A total of 67,105,353 votes representing 43.92% of the total votes entitled to vote at the Meeting, were voted in connection with the matters considered at the Meeting. Full results for all resolutions are set forth below.
Cardinal Energy announces its operating and record financial results for the first quarter ended March 31, 2022. First quarter 2022 total production increased 12% over the same period in 2021 with crude oil production increasing by 18%; Adjusted funds flow(1) increased to a record $86.6 million, a 436% increase over the same period in 2021 and a 62% increase over the prior quarter;