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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The experts provided mixed reviews on Yangarra Resources. While the company demonstrated improvements in FFO and operational efficiency, it fell short of revenue and EPS estimates. The tough quarter was attributed to a challenging oil market backdrop. Yangarra Resources maintains a low net debt balance and positive free cash flow, but experts anticipate downside pressure in the near term due to the negative momentum. Overall, the company's performance reflects the volatility of the oil industry.

Consensus
Mixed
Valuation
Undervalued
Similar
Precision, PSV-T
DON'T BUY
Yangarra Resources
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of $0.11 missed estimates of $0.13 and revenues of $42.41M missed estimates of $44M. Its FFO increased by 29% against the previous quarter, and its operational efficiency improved by 3% in average production. It demonstrated drilling cost reductions in the quarter, however, against the prior year, its FFO declined by 36%, and sales decreased by 28%. This was a tough quarter for the company, although it continues to carry a low net debt balance and generates positive free cash flow, but given the challenging oil market backdrop, we feel YGR may see some downside pressure in the near term. It trades at a cheap valuation, but we do not like its recent negative momentum. 
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0
DON'T BUY
Yangarra Resources
There are aspects that will detract institutional ownership. There are some promotional aspects. The name is cheap and are paying down debt. It is not a name he is looking at. The quantitative and qualitative aspects need to match and for him it does not meet his requirements.
0
DON'T BUY
Yangarra Resources
Liked their ability to buy back shares from free cash flow. But then management decided to chase growth, so he divested. Decent gas exposure. Its recovery is still too low to attract investor interest. Better names to own.
0
HOLD
Yangarra Resources
A long term holding for him. Now is not the time sell. The oil patch has struggled as a whole. They have the flexibility to stop drilling when economics are poor. The stock is cheap here and they have had good drill results recently. At this small market cap (under $100 million) it is not getting any attention. He will look for management to start buying in if the stock drops in value.
0
DON'T BUY
Yangarra Resources
It has followed the trend that many small caps have followed. Multiples have compressed. It is trading at 2.5 times cash flow next year. The management has an antiquated mindset that they will grow as much as they can.
0
DON'T BUY
Yangarra Resources
It's junior gas and a relative success story with very good production growth and drilling success. But eventually it got hit by the low price of gas. It's tailed off in the past year. If the price of oil rises, YGR will move up before some of its peers, but not the senior oil stocks. You need TransMountain to break ground in order to change sentiment. Won't be much return in the near future. A super-tough environment.
0
PAST TOP PICK
Yangarra Resources
(A Top Pick Jun 13/18, Down 60%) In the last 6 to 8 weeks oil names have been decimated. The management team spent more on acquisitions than people thought. You don’t want doubt when owning any of these companies, so people exited, and now it has ramped back up in production.
0
DON'T BUY
Yangarra Resources
A fine company, but there are concerns over their total inventory. It comes down to what is the problem with Canadian energy market as a whole. There are only about 5 active analysts in the sector now. When money comes back it may be Cenovus, Baytex or MEG. Canadian light oil producers have a hard time competing against US Permian producers and there is not that much difference in value -- so investors are slow to return here as well. There is just not the depth of investors for this space.
0
PAST TOP PICK
Yangarra Resources
(A Top Pick Dec 21/17, Down 44%) He entered at $4.70 and still holds a large holding. They just announced a solid earnings quarter and their metrics all improved. BOE production is now 12,500 and he expects that to increase again. He likes the management team. When oil prices dropped below $45, they curtailed their production and smartly acquired land in their core area. It still looks cheap and management has been buying back stock. He will likely look to buy more here.
0
WEAK BUY
Yangarra Resources

A past top pick. It's come off just like the energy sector. It's one of the few companies that's grown production per share. Continue to hit their targets. Cheap multiple. He expects the next few quarters to be strong. He may add to his position.

0
TOP PICK
Yangarra Resources

He likes their growth prospects in the Alberta Cardium area and sees them as having the highest netback per share of any energy company. Their production will jump up sharply in the next two months and they should exit the year at 12,500 boed. They are at 8000 boed today. He likes how management does not issue equity and that growth is through the drill bit. Debt is manageable. Yield 0%. (Analysts’ price target is $7.69)

0
HOLD
Yangarra Resources

It is probably the top performing energy stock over a two year period. We are now starting to see quite an upturn in the commodity prices. He would continue to hold it if he did.

0
PAST TOP PICK
Yangarra Resources

(A Top Pick May 25/17 Up 48%). This is his second largest holding. They continue to grow their production per share. They have amassed some great highly productive wells. Their cash flow should continue to grow, perhaps over $1 per share. They have the second highest netbacks in the industry.

0
BUY
Yangarra Resources

A home run as one of the few energy stocks up over the past few years. Phenomenal management. His only concern is that he doesn't have a feel for their inventory depth and would love to drill down more about it. Also, YGR could be more freely traded. Otherwise, let it run. Looks atractive.

0
HOLD
Yangarra Resources

It has been a stellar performer. It was the top performer in ’16 and ’17. He has always felt it was running ahead of itself. He is watching it this year.

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Yangarra Resources(YGR-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Yangarra Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Yangarra Resources(YGR-T) Frequently Asked Questions

What is Yangarra Resources stock symbol?

Yangarra Resources is a Canadian stock, trading under the symbol YGR-T on the Toronto Stock Exchange (YGR-CT). It is usually referred to as TSX:YGR or YGR-T

Is Yangarra Resources a buy or a sell?

In the last year, 1 stock analyst published opinions about YGR-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Yangarra Resources.

Is Yangarra Resources a good investment or a top pick?

Yangarra Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Yangarra Resources.

Why is Yangarra Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Yangarra Resources worth watching?

1 stock analyst on Stockchase covered Yangarra Resources In the last year. It is a trending stock that is worth watching.

What is Yangarra Resources stock price?

On 2024-04-15, Yangarra Resources (YGR-T) stock closed at a price of $1.18.