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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 Hendrick3on May 18, 2023 6:53am
118 Views
Post# 35453986

RE:Rex - Bne and YGR

RE:Rex - Bne and YGRYou should be using funds flow to establish strength of cash generation. Cash flow includes working capital movements which even out over time but in any particular quarter are an aberration. FFO is a better relative measure as well. 1Q FFO was 79 cents per share on a $6 stock which shows that even in a bad pricing quarter this company is running on less than 2x funds flow which is spectacular. YGR is also strong on this measure running at 32 cents FFO on a $1.75 stock which is around 1x FFO. These are the 2 of the 3 strongest in the industry. YGR # 1 and BNE #3 so I am not sure how it is we use these 2 as a comparison to the sector as if one is good and one is bad. #2 is OBE with FFO per share of $1.12 on a $8 stock. 
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