RE:RE:EarningsI expected 10k on production so not suprised here....
I expected 42m ish on FFO and they were close too 40M...but good lord was the capex goood for the quarter.....21.3m is much much better then I expected.
I thought between 28-32m as YGR did so much in Q1...the still fracked 7 wells and 7 of them were 1.5 mile ones.
Shows rig drilling rates and frack d isnt crazy yet price wise.
YGR FCF really good...on right track.
Only negative is they dont state current production.
Think financal nunbers will drive things tomorrow vs prod and should go up in share price.
But that is if oil markets are stable.
Binkie wrote: I liked q1, didn't love it. I expected more to be honest. They said capex for the rest of the year would align with previously announced guidance so about 26million a quarter, but they forgot to comment or update the production guidance of 12k boe/d. 10,044 leaves a big gap to fill.
Hiwever, they are generating great returns and paid down over 18 m in debt. Hope the market loves it