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Bullboard - Stock Discussion Forum Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
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... see more

TSX:YGR - Post Discussion

Yangarra Resources Ltd > News on NG tumble today...
View:
Post by kavern23 on Dec 06, 2023 7:33pm

News on NG tumble today...

NG tumble today was more than weather....as every Nymex contract through January 2025 was down 4%.

What is driving this is a LNG plant...with 4 bcf a day capacity that was sceduled to start operating in mid 2024 is delayed due to a comissioning process. Plaquemines LNG terminal.

I am suspcious of this...
Comment by cfliesser on Dec 07, 2023 10:56am
What do you think about the big - 117 draw? I do think that bears are overhyped right now. Bull case is shaky yes, but I think it's swung too far in the other direction.
Comment by kavern23 on Dec 08, 2023 9:24pm
Not near enough cliff. The reason no matter how cheap NG seems i wouldnt touch because the week ended dec 22 and dec 29 forecast draw on the models are bad. Weather is too warm.  Last year the last two weeks of decemeber were very cold. was a 195 bcf draw and a 220 bcf draw. This year forecast is for a 90 and 104 draw. cant be more bearish unfortunately.  NG is actually lucky to be ...more  
Yangarra Resources Ltd