YGR opportunity I posted this on the Birchcliff site
This last quarter, YGR made 29 cents FFO per share cash (Bir made 27cents). Ygr eps was 11 vs 6 for Bir. Both companies are largely nat gas and liquids yet you can buy 4.5+ shares of ygr for every share of BIR. Both have tremendous torque if nat gas pricing improves but I would argu there is way more upside with ygr given their very low relative value. Yes you would be giving up the BIR dividend but currently BIR is adding debt to pay the dividend. You would be better off getting your own line of credit rather than BIR borrowing to pay you. You won't have the dividend taxes either. This would also allow you to recognize your tax capital loss in 2023 while still holding a position in the market. Full disclosure that I am a holder of YGR shares and do not hold BIR shares and am grateful for that. GLTA