Source: Cardinal Energy Ltd.
  • Cardinal Energy (CJ) has been recognized as a top-performing company on the Toronto Stock Exchange’s 2022 TSX30 list
  • Cardinal Energy is one of the few Canadian energy companies to have a negative carbon footprint
  • Cardinal is a Canadian oil and natural gas company with operations focused on Western Canada
  • Cardinal Energy Ltd. (CJ) is down 1.52 per cent on the day, trading at C$7.80 per share at 11:45 am ET

Cardinal Energy (CJ) has been recognized as a top-performing company on the Toronto Stock Exchange’s 2022 TSX30 list.

Scott Ratushny, Chief Executive Officer of Cardinal Energy, commented on the achievement.

“I am extremely proud that Cardinal has been recognized as a leader in creating value for shareholders through our inclusion in the 2022 TSX30. By significantly improving Cardinal’s financial flexibility, we have been able to accelerate a return of capital to shareholders through monthly dividends and share buybacks. In addition, as one of Canada’s few oil and gas companies with a negative carbon footprint, I am proud of our success in driving continued strong environmental, social, and governance performance.”

Cardinal injects and conserves more carbon than it directly emits, making it one of the few Canadian energy companies to have a negative carbon footprint. Cardinal is a Canadian oil and natural gas company with operations focused on low-decline oil in Western Canada.

Cardinal Energy Ltd. (CJ) is down 1.52 per cent on the day, trading at C$7.80 per share at 11:45 am ET.


More From The Market Online
E3 Lithium - E3 Lithium field pilot plant on August 28, 2023.

Canadian lithium and oil companies advance collaboration agreement

E3 Lithium (TSXV:ETL) updates its agreement with Imperial Oil (TSX:IMO) to advance lithium extraction in Alberta.
Pampa Metals - Drill core from Pampa Metals' 3rd drill hole at the Piuquenes copper and gold project in Argentina.

Three small-cap stocks to supercharge your commodity exposure

Commodity investors could reap outsized returns by buying into small-cap natural gas, uranium and copper stocks worthy of strong conviction.