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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 kavern23on Dec 28, 2023 9:12pm
226 Views
Post# 35803440

Still no…

Still no…

Still no 2024 guidance from a lot of these companies ipo, Ygr and Petrus.
ng piece fundamentals only got worse during Xmas break. I am a bit surprised Ygr is holding 1.30 or ipo is over 2.20 or Pne is over 1.35.

things may hold in these trading ranges for majority of these juniors or smaller Canadian energy companies until q4 results will sink a lot of these stocks unfortunately 10-20 percent down.

aeco ng price curve is just so brutal right now. Even 2025 prices are starting to drop.

companies are going to start have to hedge 2026 volumes now on ng. 

Just so warm everywhere, Europe had a small injection instead of a seasonal draw, very weak ng demand in Europe right now with warm temps.

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