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home / news releases / CRLFF - Cardinal Energy Firing On All Cylinders Guides For A Dividend Reinstatement

CRLFF - Cardinal Energy Firing On All Cylinders Guides For A Dividend Reinstatement

Cardinal Energy Ltd
  • Cardinal Energy barely survived the COVID-related oil crisis in 2020, but is now doing much better.
  • The net debt is decreasing very fast. Once it reaches C$100M, Cardinal will restart a dividend program.
  • At US$75 WTI oil, Cardinal is trading at a free cash flow yield in excess of 20% while the dividend yield could approach 10%.

For further details see:

Cardinal Energy Firing On All Cylinders, Guides For A Dividend Reinstatement
Stock Information
Company Name: Cardinal Energy Ltd
Stock Symbol: CRLFF
Market: OTC
Website: cardinalenergy.ca
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