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Cardinal Energy (TSX:CJ) ranks as one of Canada’s top-performing stocks

Energy
TSX:CJ
15 September 2022 11:45 (EDT)

Source: Cardinal Energy Ltd.

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.


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