Streetbeat News

CRLFF

Cardinal Energy Ltd

http://www.cardinalenergy.ca

Industry

Crude Petroleum and Natural Gas Extraction

Open

4.62

Mkt cap

733M

Volume

High

4.61

P/E Ratio

9.77

52-wk high

5.39

Low

4.59

Div yield

0.11

52-wk low

4.00

Cardinal Energy has introduced a new debenture with an 8.25% coupon and a yield to maturity of 8.55%, significantly higher than Canadian government bonds. The completion of its heavy oil project is expected to boost free cash flow, aiding in debt repayment and financial stability.

Portfolio Pulse from

March 06, 2025 | 3:45 pm

Cardinal Energy Ltd. has announced a $40 million bought deal offering of senior subordinated unsecured debentures. The base shelf prospectus is accessible, and further documents will be available on SEDAR+ within two business days.

Portfolio Pulse from

February 25, 2025 | 3:45 pm

Cardinal Energy Ltd. has announced a $50 million bought deal offering of senior subordinated unsecured debentures and common share purchase warrants. The related documents will be accessible on SEDAR+ within two business days.

Portfolio Pulse from

December 18, 2024 | 2:30 pm

Cardinal Energy maintains an 11% dividend yield while investing in growth projects, despite a drop in WTI oil prices. The company experienced a slight production decrease and a 10% revenue dip in Q3, but managed to maintain positive free cash flow.

Portfolio Pulse from

December 03, 2024 | 3:45 pm

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