Cardinal Energy Group, Inc. is an environmentally responsible oil and gas company. They are reclaiming the vast, remaining reserves from their Nation's producing oil fields. They focus on acquiring fields with existing production that are underdeveloped and located within formations that have demonstrated good historical production. Cardinal is a long term asset play, in a traditional energy sector that continues to grow globally. They are managed by public company and energy industry professionals that are admired and dedicated to their craft. They are a resourceful player suited to take advantage of the industry downturn. Their management brings the depth of experience and diversity to steer Cardinal's future. Their team has an average of over 25 years' experience, with some of their individuals approaching 40 years' of know-how in their respective fields of expertise. Their finding and lifting cost of production is significantly lower than the national average because they pursue shallow oil, within know formations that have good historical production. Consequently they will be profitable in the $30.00 range should the price of oil ever reach that low. Furthermore, they are not over leveraged like many of their competition; they have a small staff of executives and professionals, which keeps their overhead low. And they outsource all well drilling and completing operations. However, they maintain pumping operations and administration once a well is complete. They anticipated this price decline during the formation of their company. Their research indicated that America was emerging as the number one producer of oil and gas in the world due to new technology that has unlocked its vast shale reserves. They also understood that the Russian, Mid-Eastern and South American oil companies were producing at record levels. These unfolding events coupled with waning global demand for oil indicated to us that the energy sector would naturally decline. Therefore they developed Cardinal to take full advantage of the next upswing by positioning their company to exploit the emerging opportunities in this downturn. Many of their competitors are suffering from the price collapse of oil, making them unprofitable. As new assets become available from financially strapped companies, they can selectively choose the best of their distressed prospects as they become available at deep discounts.Cardinal Energy Group is a relatively young company. It was founded only in 2011. This emerging company loves to hire graduates from University of Louisiana at Lafayette, with 28.6% of its employees having attended University of Louisiana at Lafayette. If you want to check out some more established companies, you can find other great places to work on Zippia's list of Best Companies to Work For in Texas.Cardinal Energy Group is a small utilities company based in Texas with only 50 employees and an annual revenue of $1,416.
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The founders of Cardinal Energy Group is Maria Hak.
The key people at Cardinal Energy Group are M. Scott Ratushny and Maria Hak.
Key people
M. Scott Ratushny
Maria Hak
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Cardinal Energy Group diversity
4.4
Diversity score
We calculated Cardinal Energy Group’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cardinal Energy Group’s workforce.
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Cardinal Energy Group financial performance
6.2
Performance score
Highest paying Cardinal Energy Group competitors
Compare Cardinal Energy Group salaries to competitors, including Keyspan, NV Energy, and Florida Power & Light. Employees at Keyspan earn the highest average yearly salary of $79,033. The salaries at NV Energy average $75,107 per year, and the salaries at Florida Power & Light come in at $74,035 per year.
Rank
Company
Average salary
Jobs
1
$79,033
0
2
$75,107
0
3
$74,035
0
4
$73,029
0
5
$72,996
0
6
$72,546
0
7
$69,622
0
8
$69,168
0
9
$58,961
0
10
$58,233
0
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Zippia gives an in-depth look into the details of Cardinal Energy Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cardinal Energy Group. The employee data is based on information from people who have self-reported their past or current employments at Cardinal Energy Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cardinal Energy Group. The data presented on this page does not represent the view of Cardinal Energy Group and its employees or that of Zippia.
Cardinal Energy Group may also be known as or be related to CARDINAL ENERGY GROUP, INC., Cardinal Energy, Cardinal Energy Group and Cardinal Energy Group, Inc.
