RE:RE:RE:YGR/PNE Very, very bad math. You are reading things into the balance sheet thst you don't understand because you refer to the wrong things.
They are cash flow positive going forward right NOW. The term debt is SCHEDULED to be paid down by 1.5 million per month. Or roughly the amount YGR is forecasting - although their forecast depends on commodity prices.
thats the difference. PNE plans these things out more carefully. The only thing they didn't do before was hedge in the winter which they did on purpose.
It also helps that they are almost 2.5 times bigger with 6000 boes of liquids. Mostly high value liquids. NOT butane and Propane like YGR.
The ONLY competitive advantage YGR has is low ARO. Even the OFS group doesn't matter in this comparison because the op costs on legacy, low decline wells is already so little.
We will wee what both companies look like if Nuttalls 4.00 gas price for 2025 is correct. I think would rather take PNE's cash flow.