Yangarra Resources Ltd T.YGR

Alternate Symbol(s): YGRAF

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 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 > National Bank has this as the cheapest junior they cover

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Comment by pppon Apr 17, 2022 12:53pm

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Post# 34608484

RE:RE:RE:National Bank has this as the cheapest junior they cover

Aeco prices impact this company the most. The forward curve is over 5 dollars. This means for the next 12 months they are making excellent returns on their NG. Should be able to bring debt down to 150 mil no problem. And oil at 80 is a very good number so this company is worth 3.50 no problem and NB is more than likely the short.

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