Cardinal Energy TSX/Canada, CJ.TO
Pays 10% dividend, no reason to cut it. They said they will sell in Q1 some royalties, estimated price 130 million USD.
CJ has been falling lately although it has significantly increased the production of a product (LIGHT OIL) that is being sold 20% more than it was sold 4 months ago. See the chart for Edmonton mixed sweet.
Also CJ's second product (natural gas) is being sold 40% more than it was sold 4 months ago, (see the chart for AECO price).
Also CJ's third product (MEDIUM OIL) has remained at the same price (on average) like it was 4 months ago. See the chart for WCS.
