Cardinal Energy (CRLFF) Projected to Post Quarterly Earnings on Tuesday

Cardinal Energy (OTCMKTS:CRLFF) is expected to be posting 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 Performance

OTCMKTS:CRLFF opened at $8.14 on Monday. The firm’s fifty day simple moving average is $8.10 and its 200 day simple moving average is $7.75. Cardinal Energy has a twelve month low of $5.03 and a twelve month high of $9.68.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Cardinal Energy in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently 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.