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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 Hendrick3on May 01, 2024 12:22pm
59 Views
Post# 36017589

RE:Comps

RE:CompsI do those comparisons all the time with ipo, Bne, Obe, Ath and we are way low on our share price comparing FFO, EPS and NAV of pdp reserves. The next lowest is probably Obe and if we had their cmcsluations we would be around $2.50. The reality is that there are more bargains than investors in this sector so out of favour names continue to languish because investors can afford to be picky. 
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