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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

Post by Hendrick3on Nov 01, 2022 7:21am
240 Views
Post# 35062199

Results are out and look good

Results are out and look goodMy focus is on FFO per share which was 52 cents. Relatively speaking, they out performed TVE which was in the 40!s but trades in high $4 range. Production at 11,750 is probably below this board's expectations but a huge increase just the same. It is earning over 30 cents a share consistently which suggests 21/2 earnings multiple which is really low and suggests massive upside. Great stock. Just needs to get noticed. 
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