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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 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

Bullboard Posts
Comment by auburn2on Aug 14, 2019 11:47am
71 Views
Post# 30027307

RE:Minimal free cash flow

RE:Minimal free cash flow"With the stock trading in line with peers on strip pricing at 4.1 times 2020 estimated EV/DACF"

This explains why people seem to continually lose money on these CDN producers. 4.1 times EV/DACF seems reasonable until you realize how much cash flow it takes to keep flat this production. This isn't your usual business, and it's even your usual oil company. These Cardium reserves are a real piece of work.
Bullboard Posts