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CALGARY, Alberta – Cardinal Energy Ltd. (“ Cardinal ” or the “ Company “) ( TSX: CJ ), is proud to announce that we have been included in the Toronto Stock Exchange’s 2022 TSX30 TM , a flagship program recognizing the 30 top performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. For the three years ended June 30, 2022, Cardinal’s share price increased by 222%. “I am extremely proud that Cardinal has been recognized as a leader in creating value for shareholders through our inclusion in the 2022 TSX30 TM ,” said Scott Ratushny, Chief Executive Officer of Cardinal Energy Ltd. “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.” Now in its fourth year, the TSX30 TM is an annual program designed to recognize companies that have demonstrated sustained long-term financial performance with an ability to drive growth in shareholder value. Cardinal is honoured to be named […]
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