Cardinal Energy ( (TSE:CJ) ) has provided an update.
Cardinal Energy Ltd. has announced a monthly dividend of $0.06 per common share for April, payable on May 15, 2025, to shareholders recorded by April 30, 2025. This dividend, declared as an eligible dividend for Canadian tax purposes, reflects Cardinal’s commitment to providing shareholder value while enhancing its operational sustainability through strategic projects like the thermal SAGD oil development.
Spark’s Take on TSE:CJ Stock
According to Spark, TipRanks’ AI Analyst, TSE:CJ is a Outperform.
Cardinal Energy’s strong financial performance and strategic initiatives in thermal projects are key strengths. While the stock appears undervalued with a solid dividend, technical analysis suggests caution due to bearish trends. The company’s proactive corporate strategies bolster its growth outlook.
To see Spark’s full report on TSE:CJ stock, click here.
More about Cardinal Energy
Cardinal Energy Ltd. is a Canadian oil and natural gas company focused on low decline oil operations in Western Canada. The company distinguishes itself with the lowest decline conventional asset base in the region and has recently initiated its first thermal SAGD oil development project to enhance long-term sustainability.
YTD Price Performance: -17.01%
Average Trading Volume: 777,583
Technical Sentiment Signal: Hold
Current Market Cap: C$841.6M
Find detailed analytics on CJ stock on TipRanks’ Stock Analysis page.