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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 margaritamanon Dec 02, 2023 3:42pm
114 Views
Post# 35765354

RE:RE:RE:Macro chat

RE:RE:RE:Macro chatNot sure I'm quiet as pessimistic but do agree there is some downside risk across the sector if commodity prices remain where they are. I think we see WTI above $80 for most of December and with AECO hovering around $2.50 YGR and other will have decent FFO. I'm taking a longer term view on YGR and as long as they right the ship with drilling results I see this a $4.00 stock in the right commodity environment. But yes it may go lower with tax loss selling over the next few weeks. 
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