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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 Hunguson Jul 28, 2022 8:57am
137 Views
Post# 34856434

RE:RE:Forward production?

RE:RE:Forward production?Well dang. I guess the shorts will be comfortable here for a while yet. I'm shocked there is no mention of any dividend in the MD&A. Production is lower than expected as well. At least they smashed through their 1:1 debt to FFO target though and achieved 0.78:1 (a full 3 quarters earlier than they guided for). New book value is $4.77 (3 cents lower than I guesstimated) - still pretty good.

Q2 NAV per share history:
2016 $2.32
2017 $2.45
2018 $2.64
2019 $3.37
2020 $3.59
2021 $3.85
2022 $4.77

Outstanding!
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