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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 margaritamanon Oct 18, 2023 3:39pm
153 Views
Post# 35689676

Things that make you go hmmm....

Things that make you go hmmm....Check out the latest presentation on the YGR site. Looks like they took a little time to update a few numbers for the recent Catch the Energy Conference and decided to share it with the unwashed masses. The thing that caught my eye was EV/DACF went up from 2.2 in July to 2.6. Given that the share price is about the same @$1.80 either they added to net debt or FFO tanked. Pick one. Either way not good! Jimbo strikes again!
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