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Cardinal Energy GAAP EPS of C$0.13, revenue of C$148.04M

Mar. 15, 2024 3:03 AM ETCardinal Energy Ltd. (CRLFF) Stock, CJ:CA StockBy: Meghavi Singh, SA News Editor
  • Cardinal Energy press release (OTCPK:CRLFF): Q4 GAAP EPS of C$0.13.
  • Revenue of C$148.04M (-4.4% Y/Y).
  • Production for the fourth quarter and for the full year of 2023 increased by 4% and 1%, respectively, over the same periods in 2022.

  • Adjusted funds flow for the fourth quarter was C$64.0 million and for fiscal 2023 was C$253.7 million.

  • Total payout ratio for the fourth quarter was 70% compared to 89% in the prior year comparative quarter.

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