CJ Stock Recent News

Calgary, Alberta--(Newsfile Corp. - May 27, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") announces it has entered into an agreement with its syndicate of lenders to extend and increase its credit facilities ("Facilities").

Cardinal Energy confirmed a 20% dividend hike. Although investors should not rely on the Q2 or even H1 results as the oil price is now much lower, the dividend is safe.