Yangarra Resources

YGR-T

Analysis and Opinions about YGR-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
August 6, 2020
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.
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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.
HOLD
HOLD
January 31, 2020
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.
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Yangarra Resources (YGR-T)
January 31, 2020
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.
DON'T BUY
DON'T BUY
December 19, 2019
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.
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Yangarra Resources (YGR-T)
December 19, 2019
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.
DON'T BUY
DON'T BUY
October 29, 2019
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.
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Yangarra Resources (YGR-T)
October 29, 2019
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.
PAST TOP PICK
PAST TOP PICK
June 13, 2019
(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.
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(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.
DON'T BUY
DON'T BUY
January 25, 2019
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.
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Yangarra Resources (YGR-T)
January 25, 2019
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.
PAST TOP PICK
PAST TOP PICK
January 23, 2019
(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.
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Yangarra Resources (YGR-T)
January 23, 2019
(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.
WEAK BUY
WEAK BUY
October 26, 2018

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.

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Yangarra Resources (YGR-T)
October 26, 2018

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.

TOP PICK
TOP PICK
June 13, 2018

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)

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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)

HOLD
HOLD
May 10, 2018

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.

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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.

PAST TOP PICK
PAST TOP PICK
April 6, 2018

(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.

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(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.

BUY
BUY
March 15, 2018

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.

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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.

HOLD
HOLD
March 8, 2018

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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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.

COMMENT
COMMENT
January 24, 2018

If you look at the small, mid-cap energy space, this team has done an amazing job. They've had some very successful wells and some great resource increases. Management has been doing a great job, both with the drill bit and on the service side.

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Yangarra Resources (YGR-T)
January 24, 2018

If you look at the small, mid-cap energy space, this team has done an amazing job. They've had some very successful wells and some great resource increases. Management has been doing a great job, both with the drill bit and on the service side.

PAST TOP PICK
PAST TOP PICK
December 21, 2017

(A Top Pick Feb 28’17, Up 81.27%) The top performing oil and gas company in North America this year. The CEO is more nimble that other CEOs. He has been able to keep their costs down.

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Yangarra Resources (YGR-T)
December 21, 2017

(A Top Pick Feb 28’17, Up 81.27%) The top performing oil and gas company in North America this year. The CEO is more nimble that other CEOs. He has been able to keep their costs down.

Showing 1 to 15 of 30 entries

Yangarra Resources(YGR-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

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, 3 stock analysts published opinions about YGR-T. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. 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 Eric Nuttall on 2020-08-06. 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?

3 stock analysts 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 2020-12-04, Yangarra Resources (YGR-T) stock closed at a price of $0.67.