Yangarra Resources Ltd T.YGR

Q1 Results

[Hendrick3]

Considering the bad pricing environment in q1, YGR hit it out of the park. 32 cents per share FFO and 16 cents EPS in Q1. Translates to a stock price of less than 1.5 times FFO and less than 3 times EPS and that was in a horrible pricing environment. Watch the other results when they come in as they won't be even close in terms of value. For example CVE came in with FFO of 73 cents per share of FFO on a $23 stock. This company has made themselves resilient to low prices. They even turned a profit in 2020. We just need someone to notice.

[Helloworld]

Agree.. with all the doom and gloom and share price slaughter I thought things would be ugly but they seem quite positive.  Ffo was a bit lower than I expected due to creepage in operating costs (mostly royalty costs).  But capes came in a lot lower than expected by many here and so net debt not too bad.  Nice to hear positive things out of Chambers.. only wish they posted actual