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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

Comment by kavern23on Apr 08, 2022 12:07pm
117 Views
Post# 34588156

RE:RE:Dividend

RE:RE:DividendI don't think a dividend is coming anytime soon and when that point in time comes...YGR could very easily choose a sharebuyback instead of a divy.

But YGR needs time to really get debt lowered before they should consider a divy.

I could see YGR do a buyback this summer but not a divy.

YGR should get their debt lower then 120M before thinking of a divy.
With green banking policies, getting debt in future is only going to be more diffucult.
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