CRLFF - Cardinal Energy GAAP EPS of $0.24 revenue of $140.41M
Cardinal Energy press release (OTCPK:CRLFF): Q4 GAAP EPS of $0.24. Revenue of $140.41M (+112.5% Y/Y). Fourth quarter 2021 production increased 10% over the same period in 2020; In the fourth quarter of 2021, adjusted funds flow increased 293% to $53.5 million or $0.36 per basic share as compared to the fourth quarter of 2020. "Our board has approved a marginal increase in our capital program for 2022. Our initial 2022 budget of $75 million in capital spending and $9 million of abandonment and reclamation spending ("ARO") will be increased by $15 million."
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Cardinal Energy GAAP EPS of $0.24, revenue of $140.41M