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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 fullyautomaticon May 10, 2023 11:45am
224 Views
Post# 35440834

YGR vs JOY

YGR vs JOYCompare. Verfiy all numbers yourself.

YGR EV= $290.275M
JOY EV= $415.891M

Q1 production pretty much equal, so decent comp here
YGR = 12.41k boe
JOY= 12.92k boe

Q1 production revenue- shows better liquids mix for JOY
YGR= $49.055M
JOY= $58.443M

Q1 Cashflow from operations--- NOT EVEN close
YGR= $33.948M
JOY= $11.46M

Q1 operating netback-- YGR mops the floor with them- despite lower liquids mix
YGR= $30.84/boe
JOY= $19.04/boe

Q1 Capex- We all know YGR way higher. 
YGR= $32.5M
JOY= $6.8M

Decomissioning Liability costs- Had to look to JOY MDA as not published with the fin's... I wonder why?
YGR= $15M
JOY=$182.34M

Summary.
I don't like JOY and I never have. Viewed through my eyes, market is missing YGR efficiencies past, present and future. I guess we will have to see if I'm right


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