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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 29, 2024 4:00pm
97 Views
Post# 36380129

RE:RE:RE:RE:RE:RE:RE:is it just me

RE:RE:RE:RE:RE:RE:RE:is it just me In recent presentations they have said the first $10-20 million of return of capital will be returned to shareholders via a special dividend (10-20 cents per share). They are unlikely to start a recurring dividend as the volatility of NG could result in a dividend cut which would decimate the stock. After these special dividends, they may vary the returns between buybacks and special dividends. They have a very strong bias to special dividends. Now is the time to load up. 
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