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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 TheRexmemberon Oct 24, 2022 10:00pm
145 Views
Post# 35045573

RE:RE:RE:Q3 Benchmark prices

RE:RE:RE:Q3 Benchmark prices

I bought a little more today.


Those oil cuts are just so much more profitable. On the liquids side I think people are also missing the change in propane prices are going to be longer term. Three propane export terminals on the left coast and two propylene plants in Edmonton- we are never going back to the disaster we had a couple years ago. Wouldn't be surprised to see a premium to Conway prices down the road.

I think the free cash flow numbers will be in line with guesses on the board but the growth could surprise everyone not following closely on the upside. 


The retail base in this company really likes to see success with the drill bit. 

I like your fcf guess cfliesser.

They had a little gas hedged going into summer, grew liquids production and debt has been coming down. The capital budget was scheduled to be a little heavier in Q3 so Im guessing 26 million in fcf. Hopefully they beat that too. 


 

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