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Bullboard - Stock Discussion Forum 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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > Oil Ripping
View:
Post by Helloworld on Apr 04, 2024 10:58pm

Oil Ripping

With oil over $85 could have a $30 million FFO Q2. 

With unsustainable low AECO price YGR is still likely to FCF 30 million in half a year.. which is a 50% yield on an annual basis at today's SP. 

Crazy how much selling pressure still exists on the name....
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