Cardinal Energy Ltd. (OTCMKTS:CRLFF – Get Free Report)’s stock price rose 0.7% during trading on Friday . The stock traded as high as $4.48 and last traded at $4.48. Approximately 17,594 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 44,743 shares. The stock had previously closed at $4.45.
Cardinal Energy Stock Up 0.7 %
The firm’s 50 day simple moving average is $4.65 and its 200 day simple moving average is $4.83.
Cardinal Energy Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.043 per share. This represents a yield of 10.78%. The ex-dividend date of this dividend is Friday, November 29th. Cardinal Energy’s payout ratio is currently 8.93%.
About Cardinal Energy
Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
Featured Stories
- Five stocks we like better than Cardinal Energy
- How to Use the MarketBeat Stock Screener
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- EV Stocks and How to Profit from Them
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- Consumer Discretionary Stocks Explained
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
Receive News & Ratings for Cardinal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardinal Energy and related companies with MarketBeat.com's FREE daily email newsletter.
