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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 Straiteon Feb 26, 2020 2:33pm
97 Views
Post# 30736868

RE:RE:RE:RE:RE:Yangarra

RE:RE:RE:RE:RE:YangarraThe reality is the stock falls because the company slowly sells its oil at low price, with slowly declining wells. In the meantime, they have debt payments to do and debt maturity approaching. As long as the commodity prices outlook does not improve, there is and will continue to be a slow decline of the company value. Same for pretty much all non-profitable levered energy producers...
Bullboard Posts