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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 Oct 31, 2019 11:02am
93 Views
Post# 30291879

RE:Light Oil, AECO at C$3, Banks, PDP, Below 3x CF and Profits

RE:Light Oil, AECO at C$3, Banks, PDP, Below 3x CF and Profits"YGR currently trades less than 3 times its annual cash flow, which is extremely low."

Except you conveniently leave out how much cash flow needs to be put right back into the ground just to maintain production. Hint, most of it.

Bullboard Posts