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Bullboard - Stock Discussion Forum 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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > WTI > Brent
View:
Post by cfliesser on Mar 01, 2022 11:19am

WTI > Brent

Anyone have any clue why this happened? I am very surprised.
Comment by Oilpig1 on Mar 01, 2022 11:36am
Demand has shifted to wti, over fears Brent delivers may not arrive.
Comment by personal on Mar 01, 2022 11:41am
Finalyy, looks like the shorts are covering their position, hopefully this rise in price holds after the invetiable disappointing 4th resulls and guaidance going forward, I hope I am wrong, but management has disappointed the last 3 years.  
Comment by Oilpig1 on Mar 01, 2022 12:01pm
Level 3 looks as though new money flowing in, I'm sure short covering as well, but not by the flow.
Comment by Helloworld on Mar 01, 2022 12:29pm
I have added to position this morning. Took money of Ath and brought it here. The leverage of oil price to EV especially without hedges is one of the highest out there right now despite the high NG production .. not to mention the high debt to EV providing a very good torque to FCF. One of the worst performing stocks YTD so due for a major breakout.
Yangarra Resources Ltd
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