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Yangarra Resources Ltd. (T:YGR)

Business Focus: Oil & Gas Exploration and Production (NEC)

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