Cardinal Energy (OTCMKTS:CRLFF – Get Free Report) is expected to issue its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.2710 per share and revenue of $168.4470 million for the quarter.
Cardinal Energy Stock Down 0.5%
Shares of Cardinal Energy stock opened at $7.65 on Tuesday. The stock’s fifty day moving average is $8.19 and its 200-day moving average is $7.70. Cardinal Energy has a 12-month low of $5.03 and a 12-month high of $9.68.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Cardinal Energy in a research note on Monday, May 11th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Cardinal Energy has a consensus rating of “Moderate Buy”.
Cardinal Energy Company Profile
Cardinal Energy Ltd. (OTCMKTS: CRLFF) is a Canada-based upstream oil and gas company focused on the exploration, development and production of conventional hydrocarbon resources in Western Canada. Founded in 2009 and headquartered in Calgary, Alberta, Cardinal Energy targets mature resource plays in Alberta and Saskatchewan, with a core asset base in the Cardium and Mannville formations as well as shallow natural gas zones.
The company pursues a disciplined growth strategy grounded in low-cost drilling, optimized well design and efficient operations.
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