Yangarra Resources Ltd T.YGR

Cardium Competitor Analysis

[Hendrick3]

I posted this a few months ago. It explains why OBE and IPO are exploding. They are massively undervalued relative to YGR although all are undervalued relative to Other players. 

Cardium Competitor analysis 

The 2020 reserve reports for each of these Cardium producers use similar price decks and therefore are a good point of comparison. I am taking the NPV numbers discounted at 10% which already include reclamation costs, then deducting the net debt and dividing the balance by the shares outstanding. I believe this is the best indication of relative value. I have compared these numbers with the current share price to establish relative undervaluation. The results are as follows:
                      PDP.        TP.          TPP
IPO.              $1.02.      $1.94.     $3.50
$.53.               52%.         27%.      15%

OBE.            $3.70.       $6.28.      $9.78
$1.50.             40%.        24%.        15%

YGR.            $1.36.       $10.58.    $15.29
$1.10.              81%.        10%.        7%

BNE.            $2.64.         $9.91.      $16.55
$3.52.            133%.         36%.          21%

All of these stocks are using conservative price decks that are consistent across companies and are about 30% below current prices for 2021. They are all undervalued but I wanted to highlight that some are much worse than others. If you did the same analysis for the senior producers, not one would have a stock price below their PDP book value.

 

 

[Kramerkarma]

plus on a $/ flowing barrel metric to MCAP (this gives most price sensitivity) and can be used with EV. Your looking at OBE:15k$ IPO:19K$ YGR:50k$... this is oil only. Gas is 18.6$/bbl vs 82.3$ cad oil. And gas isn't paying for capex. Mabey covers the costs per boe. Also I did YGR at current production oil q1 ngl and current gas price and net was identical to capex. So they need more oil no

[fullyautomatic]

Ok yes, numbers, I have learned to respect these numbers but also have learned that they don't always matter. Do you think the shorts escape YGR? This is why I'm hitting the ask everyday. Think of the impact of a trapped base of 3mil on a ticker that might not even trade that vol in 4 weeks. When they need out.... how? We will have most of the shares... hahaha. I jest but really the impact

[kavern23]

YGR trading over 1.40 by June 30th was my goal and expectation in my earlier posts (think March and April). End of Dec 2021...2 bucks... For expectations I had...YGR still can do that and hit 1.40 by June 30th. I am okay with this return versus other juniors as I don't think I am taking the same amount of risk as with other juniors. Remember if the goverment forces companies to set 5

[Kramerkarma]

congrats on a great day ! As for well + site repairs ... cross that bridge when we get there. Squeeze the shorts! We're all team oil + gas.

[Backinblack1000]

This post has been removed in accordance with Community Policy

[kavern23]

Kramer I think you and some of the other posters need to start evaluting Natural Gas as it pertains to the Cardium players.in a different light. Since like early May, the economics on the NG/Condy side of the cardium are like equal if not better then alot of the oily drilling opportuntie in the cardium.  Talking on new drills. And the companies are signaling this shift. Petrus drilled last

[Backinblack1000]

This post has been removed in accordance with Community Policy

[kavern23]

Bib...this is like the first day in 2021 that Yangarra market depth is all bids above 1.30. Best is yet to come.   Volume is better then it has been in weeks...what is not to like with YGR right now? Every ten cents YGR goes up could be 360k that shorts get drilled. I hope shorts continue to get 300-400k losses. Shorts had no business doing this and they will have to pay the piper.

[ppp]

Longs had better get this above 1.35 or its a double top. That is not a good thing. 

[francoisl13]

It needs to finish above $1,36 on Friday (weekly chart), we'll be just fine. GLTA

[kavern23]

I think IPO and OBE have increased more since Q1 because they announced BOE per day results on new wells... Personally I am glad we stopped announcing production rates on indvidual wells. It can actually backfire in the medium term when they both release Q2 results  as it gives retail investors false expecatations and it becomes hard to keep momentum up on stock price.... Notice those

[RedSpecOil]

Based on your interesting table and based on PT data I see YGR the most under-valued! By far!