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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 Dec 10, 2023 9:39am
117 Views
Post# 35776758

RE:Trevor Rose's Insights -DON"T BUY

RE:Trevor Rose's Insights -DON"T BUYThe don't buy rating in hindsight was appropriate but the rationale is ridiculous. They had expectations of eps of 13 cents in a quarter on a $1.50 stock? I hope they realize this stock is trading at a 3x earnings multiple which is unheard of if the current results are maintainable. Suggesting they disappointed in the 3q was ridiculous unless you haven't looked at nat gas price in a year. I don't know who Trevor Rose is but he isn't someone who sounds competent which is probably why I have never heard of him. 
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