Q2 2026 saw a 21% production increase and 150% rise in adjusted funds flow, driven by Reford 1 SAGD and strong oil prices. Net debt fell 39%, and free cash flow enabled a 74% payout ratio, while Reford 2 and other projects advanced on schedule.Original document: Cardinal Energy Ltd. [CJ] Earnings R…
Q2 2026 saw a 21% production increase and 150% rise in adjusted funds flow, driven by Reford 1 SAGD and strong oil prices. Net debt fell 39%, and free cash flow enabled a 74% payout ratio, while Reford 2 and other projects advanced on schedule.
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