RE:RE:RE:RE:RE:Is a recap coming? Some good points, liked the post. Birchcliff has a pristine balance sheet and great land though. The financial management is brutally dogmatic though which I think is a good comp for YGR.
A better comp might be Peyto.
The difference in the companies is also dramatic in debt ratios and that ygr is back to the stock price in the 2021 doldrums. Where Peyto in 50% higher and has both a high dividend and a significant, well priced, hedge book.
dilution is dilution though. Basically cut about 1000 boe/day from YGR production and you get your per share numberes a year later.