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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 Jan 14, 2024 8:26am
127 Views
Post# 35825695

RE:RE:OFS Group Valuation?

RE:RE:OFS Group Valuation?If I were to use TCW as a loose proxy (just havin fun here!) I would see after tax earnings of about $6M on revenue of $40M. Applying a similar multiple as TCW receives (7.7 x) , YGR OFS would have a valuation of $30M based on the revenue you have suggested. Whether it's $30M or $100M or something in between it just makes YGR look a whole lot cheaper. 


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