Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

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

Comment by TheRexmemberon Apr 13, 2024 9:03pm
88 Views
Post# 35987876

RE:RE:RE:RE:RE:April markets

RE:RE:RE:RE:RE:April markets

It doesn't matter what gas does this week. Or next week. Or next month at PNE. The oil weighting and hedge position easily carries the company to next year. The pipeline access gives them a 15% premium to AECO. 

They don't have a 30% decline rate like there peers. No need to spend money, no need to shut in wells. No bank line at prime +2% being reduced, No acreage spend to hold land. 

no drama there at all. Boring this year maybe because they probably won't buy anything before year end, but very safe. With a 35% CAGR and a 6% yield...

YGR???

 

<< Previous
Bullboard Posts
Next >>