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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 Helloworldon Oct 12, 2023 4:20pm
92 Views
Post# 35681236

RE:RE:Liquidity?

RE:RE:Liquidity?Unfortunately tide has been rising for a while. Yangarra is not in a boat and hence has underperformed the sector by 50% this year. And underperformed by over 80% on a 5 year basis. 

Bravo management team! 4 years of missed guidance and revisions lower but smart enough to switch from options to rsus. 

Unfortunately no large investors so nobody gets held accountable. Ironic. Jim loves bashing how government runs a country when he runs one of the worst performing companies in the sector with one of the worst thought of management teams. 

That said. If they were ever able to turn things around and drill half decent wells their cost control is excellent and stock price would sky rocket. 
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