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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 kavern23on Nov 01, 2022 10:48am
161 Views
Post# 35062997

RE:Results are out and look good

RE:Results are out and look goodJust dived in but I agree looks really great.  I came in at 12100 and 11750 boe is very close. Like 2-3% off,  CF at 45m came in as expected.  Looks very nice.  Like that net debt could be as low as 125M by Q4 end.


Hendrick3 wrote: My 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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