Sector: Energy | Industry: Oil & Gas Exploration and Production |
Company Contact | |
Address: | SUITE 1530, 715-5TH AVENUE S.W. CALGARY AB T2P 2X6 |
Tel: | N/A |
Website: | https://www.yangarra.ca |
IR: | See website |
Key People | ||
James G. Evaskevich President, Chief Executive Officer, Director | Gurdeep Singh Gill President, Vice President - Business Development | James A. Glessing Chief Financial Officer |
Trish Olynyk Executive Vice President - Finance | Brett Booth Vice President - Land |
Business Overview |
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 an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. 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 exploiting the prolific bioturbated zone as part of the entire Cardium package. |
Financial Overview |
For the fiscal year ended 31 December 2023, Yangarra Resources Ltd revenues decreased 32% to C$152.3M. Net income decreased 56% to C$46.7M. Revenues reflect Crude Oil segment decrease of 31% to C$82.8M, Crude Oil - Production-Light and Mediu O decrease of 18% to 845K barrels. Net income also reflects Production Costs per Unit - Average - To increase of 13% to C$8.24 per barrel. |
Employees: | 72 as of Mar 6, 2024 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $152.26M as of Dec 31, 2023 |
EBITDA (TTM): | $108.40M as of Dec 31, 2023 |
Net annual income (TTM): | $46.66M as of Dec 31, 2023 |
Free cash flow (TTM): | $4.73M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $123.44M as of Dec 31, 2023 |
Shares outstanding: | 95,273,334 as of Mar 6, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |