09:52 AM EST - Cardinal Energy Ltd. : Announced its operating and financial results for the three months ended September 30. Cash flow from operations for the third quarter of 2015 was $24.8 million with a total payout ratio of 96%. Cardinal exited the third quarter with net debt of $71.4 million and a net debt to cash flow from operations ratio of 0.7. The company’s net loss proved $105.6 million, compared to a net profit of $22.2 million in the prior-year quarter. Cardinal Energy Ltd.
shares T.CJ are trading up $0.61 at $11.01.
