With results released on the evening of July 27th, 2015, Cardinal Energy inaugurates 2Q15 earnings season for the junior E&P space, reporting production of 11,294 boe/d and cash flow of $29.9 mm or $0.51 per diluted share, both measures coming in ahead of our forecast ideally on E&D capital spending that was below our thinking.
28 Jul 2015
2Q15 Results Ahead of Expectations
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2Q15 Results Ahead of Expectations
Cardinal Energy Ltd. (CJ:TSE) | 0 0 (-2.2%) | Mkt Cap: 471.3m
- Published:
28 Jul 2015 -
Author:
Cody R. Kwong -
Pages:
8
With results released on the evening of July 27th, 2015, Cardinal Energy inaugurates 2Q15 earnings season for the junior E&P space, reporting production of 11,294 boe/d and cash flow of $29.9 mm or $0.51 per diluted share, both measures coming in ahead of our forecast ideally on E&D capital spending that was below our thinking.