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Yangarra Resources Ltd T.YGR

Alternate Symbol(s): YGRAF

Energy Oil & Gas E&P

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. The company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.

TSX:YGR - Post by User

Yangarra Resources Ltd > Industry Comparison

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Comment by kavern23on May 10, 2021 1:42pm

98 Views

Post# 33165961

RE:Industry Comparison

Thanks for the summary table, nice to see people posting.

The one problem with your table in my opinion, is you need to include debt along with FFO.
Debt is still the number 1 issue with all Cardium players...Covid last year just added to the problem.

FFO doesnt really matter if it all has to go towards debt repayment.

By End of 2021, debt shouldnt be an issue for YGR...I think debt can get to 165-170M range by end of year. Debt will be under 2X again...matter of which quarter.

	Q1 Funds Flow (M)	End of Q1 Net Debt (M)	Q1 Capex (M)	Estimated Budget Capex	Esimated Year end of 2021 Debt	Esimated Annual 2021 Fundsflow
BNE	Not Reported Yet
IPO	6.1	79.78	12.28	23	60.5	36.1
OBE	36.3	455	32.8
YGR	17	199.4	18.6	60	165.8	92

Hendrick3 wrote:
1QFFO/ share compared to share price- Industry comparison

Funds flow from operations is a good measure of economic performance and 1Q is a good indication of the future performance of oil abd gas companies as higher oil prices start to emerge. I have compared various companies FFO/ share relative to their share price and finally the number of quarters to achieve the share price ( low number best)

1Q FFO/ share. Share price. Xquarters
ATH. .04. .75. 18.8
BTE. .28. 1.75. 6.3
IPO. .09. .65. 7.2
OBE. .49. 2.03. 4.1
TVE. .16. 2.61. 16.3
WCP. .36. 5.54. 15.4
YGR. .20. 1.17. 5.85

All these numbers suggest tremendous under valuation as anything under 20 ( 5 years funds flow multiple is under valued. Some are much more than others.