Cardinal Energy Ltd (TSE:CJ) Director M. Scott Ratushny sold 21,475 shares of the company’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of C$4.25, for a total transaction of C$91,268.75.
Shares of CJ stock opened at C$4.52 on Friday. Cardinal Energy Ltd has a one year low of C$3.76 and a one year high of C$7.42.
Cardinal Energy (TSE:CJ) last posted its earnings results on Tuesday, March 20th. The company reported C($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.03) by C($0.01). The company had revenue of C$97.65 million for the quarter, compared to the consensus estimate of C$85.70 million. Cardinal Energy had a negative net margin of 16.44% and a negative return on equity of 5.88%.
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About Cardinal Energy
Cardinal Energy Ltd. is a Canada-based oil-focused company. The Company is engaged in the acquisition, exploration and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan. Its Wainwright properties are located approximately 200 kilometers southeast of Edmonton, Alberta.
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