Yangarra Resources Ltd YGRAF

Primary Symbol: T.YGR

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. 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.

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Yangarra Resources Ltd > Comps

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Post by Helloworldon May 01, 2024 10:46am

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Post# 36017210

Comps

Let's compare YGR Q1 vs WCP Q1.

Both a mixture of gas and liquids. WCP more oil so less affected by poor gas pricing.

FFO: 24 cents YGR vs 64 cents WCP

Debt: YGR: 1.1 x FFO vs ~1 x WCP

FCF: 8 cents YGR vs 0 WCP.

Based on comparable debt and FFO values YGR should be about $4 to be valued equally to WCP.

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