Yangarra Resources Ltd T.YGR

Q3's Price per flowing boe/ EV

[fullyautomatic]

Snowing here in middle AB. Did a few quick calcs on PPFBOE/EV only on tickers that have reported Q3

YGR 47% Liquids 0% heavy oil......... $35,126.00

CR 23% Liquids 0% heavy oil............$36,187.00

JOY 47% Liquids 7% heavy oil..........$39,232.00

AAV 12% Liquids 0% heavy oil..........$40,737.00

SGY 85.5% Liquids. Can't find breakout on hv.......$50,067.00

GXE 84% Liquids 44% heavy oil........$60,857.00

BTE 84% Liquids 35% heavy oil........$64,055.00

TVE 76% Liquids 6.8% heavy oil.......$75,796.00

JOY appears to be the best comparable on this list. Value for a YGR share at JOY valuation accounting for debt is $3.55 per share

For fun the value of a YGR accounting for debt share par with TVE is $8.43

HAGW

[Hendrick3]

Trading at 1 1/2 FFO and 2 1/2 EPS. They are the cheapest in the oil and gas sector. Had more FFO/ share than Bte which is valued near $8. The only thing this company needs is to have its fundamentals  noticed. Let me know if you find anything cheaper. 

[fullyautomatic]

Lastest Cardium friends reported today. EV/Price per flowing BOE BNE= $41,661.00 OBE= $43,378.00 Reminder YGR was a few days ago.... $35,126.00 BNE netback in Q3= $36.00 OBE netback in Q3= $44.18 YGR netback in Q3= $45.74----- Note YGR beat OBE even while OBE's liquid production= 64% YGR could catch BNE in BOE's produced very soon.. I like BNE but I really like YGR...  IPO

[TheRexmember]

YGR- bank debt dropped 8 million last quarter. BNE dropped 24 million in total debt, 37 million in bank debt.  YGR guidance reduced for second year in a row in Q3- BNE on track.  not 100% sure why the nebacks dropped as much as they did at BNE. YGR is killing them on cost control? also like the lack of hedges at YGR BUT ... BNE says what they will do, then they do it. YGR

[cfliesser]

Well now the targets for YGR are extremely doable so they will easily hit lol

[TheRexmember]

LOL. Yup. I agree. Getting tired of owning companies that barely say anything between quarterly reports. I now own 5 of them that manage that way. Makes investing boring, BNE could learn a little about articulating theirplans, YGR could manage expectations better.  or at last put some lipstick on it.