New Risk • Jun 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$138.3m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Market cap is less than US$100m (CA$138.3m market cap, or US$100.0m). Reported Earnings • May 05
First quarter 2026 earnings released: EPS: CA$0.05 (vs CA$0.054 in 1Q 2025) First quarter 2026 results: EPS: CA$0.05 (down from CA$0.054 in 1Q 2025). Revenue: CA$28.5m (down 11% from 1Q 2025). Net income: CA$4.90m (down 9.0% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue is expected to decline by 23% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 3.9%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Announcement • Apr 13
Yangarra Resources Ltd. Announces Board and Committee Changes Effective April 13, 2026 Yangarra Resources Ltd. announces changes to its Board of Directors. Following the passing of Gordon Bowerman, Chairman of the Board, the Company has made the following Board and Committee changes, effective immediately: James Evaskevich has been named Executive Chair of the Board; Dale Miller has been named Lead Director; Robert Weir has been made a member of the Audit Committee. Announcement • Apr 12
Yangarra Resources Ltd. Announces the Passing of Gordon Bowerman Chairman of the Board of Directors Yangarra Resources Ltd. announced the passing of Gordon Bowerman, Chairman of the Board of Directors. Mr. Bowerman served as Chairman of the Board since 2001 and was a long-standing and valued member of the Company's Board of Directors. During his tenure, he played a pivotal role in guiding the strategic direction of Yangarra and contributed significantly to the Company's growth, governance, and long-term vision. The Board of Directors has initiated a transition process and will provide further updates regarding Board leadership in due course. Price Target Changed • Mar 31
Price target increased by 15% to CA$1.48 Up from CA$1.29, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CA$1.49. Stock is up 48% over the past year. The company posted earnings per share of CA$0.15 last year. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CA$1.45, the stock trades at a trailing P/E ratio of 10.2x. Average forward P/E is 19x in the Oil and Gas industry in Canada. Total loss to shareholders of 26% over the past three years. Announcement • Mar 16
Yangarra Resources Ltd. Provides Update on Chambers Area Belly River Play Yangarra Resources has been actively acquiring land and drilling wells in the Chambers area Belly River play over the past two years. The play overlays Yangarra's existing Cardium production in Chambers, enabling the Company to leverage its owned infrastructure and existing surface leases to efficiently develop the Belly River formation. With the majority of land acquisitions now complete, Yangarra has identified 40 net Tier 1 Belly River drilling locations, supported by results from 10 Belly River wells currently on production. Over the next 6–12 months, the Company plans to further delineate the play across its Chambers area land base, with the potential to expand its Belly River inventory by an additional 60 net locations. Two standing Belly River wells are scheduled to be fracture stimulated this week, and Yangarra expects to commence drilling two additional Belly River wells in the near term. During the initial phase of development, maintaining the drill bit within the target zone proved challenging, and early wells were completed using a slickwater fracture stimulation design. By the fifth well, drilling performance had improved significantly, largely eliminating issues associated with staying in zone. Beginning with the seventh well, Yangarra transitioned to a gelled fracture stimulation design. The first group of wells delivered average IP90 rates of approximately 200 boe/d, which form the basis of the Company's current type curves and economic assumptions for the Chambers Belly River play. On the tenth well, Yangarra implemented a reconfigured Bottom Hole Pump ("BHP"), replacing the smaller pumps used on earlier wells. This modification resulted in a substantial increase in productivity. Following a two-week cleanup period, the tenth well is currently producing above 500 boe/d (68% liquids). Based on these results, the Company upgraded the BHP systems in wells 8 and 9. Despite having already been on production, both wells experienced significant production increases following the pump upgrades. New Risk • Mar 08
New major risk - Revenue and earnings growth Earnings have declined by 8.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (CA$116.4m market cap, or US$85.7m). Reported Earnings • Mar 08
Full year 2025 earnings released: EPS: CA$0.15 (vs CA$0.27 in FY 2024) Full year 2025 results: EPS: CA$0.15 (down from CA$0.27 in FY 2024). Revenue: CA$112.9m (down 9.4% from FY 2024). Net income: CA$15.0m (down 43% from FY 2024). Profit margin: 13% (down from 21% in FY 2024). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Price Target Changed • Mar 06
Price target increased by 11% to CA$1.29 Up from CA$1.16, the current price target is an average from 4 analysts. New target price is 13% above last closing price of CA$1.14. Stock is up 12% over the past year. The company posted earnings per share of CA$0.27 last year. Announcement • Mar 06
Yangarra Resources Ltd. Provides Production Guidance for the Year 2026 Yangarra Resources Ltd. provided production guidance for the year 2026. The Company's Board of Directors has approved a capital budget of $60 million for 2026, which is intended to hold production at 10,000 boe/d. Announcement • Mar 03
Yangarra Resources Ltd., Annual General Meeting, May 01, 2026 Yangarra Resources Ltd., Annual General Meeting, May 01, 2026. Location: ontario, toronto Canada Recent Insider Transactions Derivative • Jan 07
CEO & Director exercised options to buy CA$799k worth of stock. On the 2nd of January, James Evaskevich exercised options to buy 754k shares at a strike price of around CA$1.05, costing a total of CA$791k. This transaction amounted to 17% of their direct individual holding at the time of the trade. Since March 2025, James' direct individual holding has increased from 4.23m shares to 5.26m. Company insiders have collectively bought CA$3.5m more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • Nov 26
Independent Director recently sold CA$101k worth of stock On the 24th of November, Robert Weir sold around 100k shares on-market at roughly CA$1.01 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$165k more than they bought in the last 12 months. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CA$0.023 (vs CA$0.04 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.023 (down from CA$0.04 in 3Q 2024). Revenue: CA$23.3m (down 5.3% from 3Q 2024). Net income: CA$2.29m (down 42% from 3Q 2024). Profit margin: 9.9% (down from 16% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: CA$0.067 (vs CA$0.095 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.067 (down from CA$0.095 in 2Q 2024). Revenue: CA$29.5m (down 13% from 2Q 2024). Net income: CA$6.77m (down 28% from 2Q 2024). Profit margin: 23% (down from 28% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Jul 31
Yangarra Resources Ltd. Revises Production Guidance for 2025 Yangarra Resources Ltd. revised production guidance for 2025. For the period, the company announced guidance is reduced to an annual average of 10,300 boe/d – 10,800 boe/d for 2025. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CA$0.054 (vs CA$0.094 in 1Q 2024) First quarter 2025 results: EPS: CA$0.054 (down from CA$0.094 in 1Q 2024). Revenue: CA$34.1m (down 9.6% from 1Q 2024). Net income: CA$5.39m (down 40% from 1Q 2024). Profit margin: 16% (down from 24% in 1Q 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 37% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 24
Price target decreased by 9.3% to CA$1.23 Down from CA$1.35, the current price target is an average from 4 analysts. New target price is 38% above last closing price of CA$0.89. Stock is down 26% over the past year. The company posted earnings per share of CA$0.27 last year. Buy Or Sell Opportunity • Apr 09
Now 24% overvalued Over the last 90 days, the stock has fallen 17% to CA$0.91. The fair value is estimated to be CA$0.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.5% over the last 3 years. Earnings per share has declined by 31%. Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: CA$0.27 (vs CA$0.50 in FY 2023) Full year 2024 results: EPS: CA$0.27 (down from CA$0.50 in FY 2023). Revenue: CA$133.4m (down 12% from FY 2023). Net income: CA$26.2m (down 44% from FY 2023). Profit margin: 20% (down from 31% in FY 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 27% per year. Recent Insider Transactions Derivative • Jan 06
CEO & Director exercised options to buy CA$426k worth of stock. On the 2nd of January, James Evaskevich exercised options to buy 394k shares at a strike price of around CA$1.08, costing a total of CA$426k. This transaction amounted to 10% of their direct individual holding at the time of the trade. Since March 2024, James has owned 3.84m shares directly. Company insiders have collectively bought CA$4.6m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CA$0.04 (vs CA$0.12 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.04 (down from CA$0.12 in 3Q 2023). Revenue: CA$26.3m (down 38% from 3Q 2023). Net income: CA$3.96m (down 66% from 3Q 2023). Profit margin: 15% (down from 27% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year. Price Target Changed • Oct 11
Price target decreased by 12% to CA$1.40 Down from CA$1.59, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CA$1.07. Stock is down 39% over the past year. The company posted earnings per share of CA$0.50 last year. Price Target Changed • Sep 27
Price target decreased by 7.6% to CA$1.53 Down from CA$1.65, the current price target is an average from 4 analysts. New target price is 50% above last closing price of CA$1.02. Stock is down 44% over the past year. The company posted earnings per share of CA$0.50 last year. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: CA$0.09 (vs CA$0.083 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.09 (up from CA$0.083 in 2Q 2023). Revenue: CA$34.7m (flat on 2Q 2023). Net income: CA$9.35m (up 19% from 2Q 2023). Profit margin: 27% (up from 22% in 2Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Price Target Changed • Jul 25
Price target decreased by 9.5% to CA$1.55 Down from CA$1.71, the current price target is an average from 4 analysts. New target price is 48% above last closing price of CA$1.05. Stock is down 42% over the past year. The company posted earnings per share of CA$0.50 last year. New Risk • May 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 28% Last year net profit margin: 45% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (28% net profit margin). Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Market cap is less than US$100m (CA$111.6m market cap, or US$81.6m). Reported Earnings • May 01
First quarter 2024 earnings released: CA$0.094 loss per share (vs CA$0.17 profit in 1Q 2023) First quarter 2024 results: CA$0.094 loss per share (down from CA$0.17 profit in 1Q 2023). Revenue: CA$40.4m (down 7.8% from 1Q 2023). Net loss: CA$9.03m (down 161% from profit in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Director Dale Miller was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Apr 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (31% net profit margin). Shareholders have been diluted in the past year (4.2% increase in shares outstanding). Market cap is less than US$100m (CA$118.5m market cap, or US$87.2m). Recent Insider Transactions Derivative • Mar 11
CEO & Director exercised options to buy CA$809k worth of stock. On the 8th of March, James Evaskevich exercised options to buy 729k shares at a strike price of around CA$1.11, costing a total of CA$809k. This transaction amounted to 23% of their direct individual holding at the time of the trade. Since March 2023, James' direct individual holding has increased from 3.05m shares to 3.11m. Company insiders have collectively bought CA$4.0m more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Mar 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 28% Last year net profit margin: 48% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (28% net profit margin). Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Market cap is less than US$100m (CA$112.4m market cap, or US$83.5m). Announcement • Mar 02
Yangarra Resources Ltd., Annual General Meeting, May 01, 2024 Yangarra Resources Ltd., Annual General Meeting, May 01, 2024. Price Target Changed • Jan 10
Price target decreased by 16% to CA$2.40 Down from CA$2.85, the current price target is an average from 5 analysts. New target price is 92% above last closing price of CA$1.25. Stock is down 51% over the past year. The company posted earnings per share of CA$1.22 last year. Recent Insider Transactions Derivative • Jan 08
CEO & Director exercised options to buy CA$66k worth of stock. On the 2nd of January, James Evaskevich exercised options to buy 50k shares at a strike price of around CA$1.30, costing a total of CA$65k. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. Since March 2023, James' direct individual holding has increased from 3.05m shares to 3.06m. Company insiders have collectively bought CA$1.1m more than they sold, via options and on-market transactions, in the last 12 months. New Risk • Nov 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$136.5m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Market cap is less than US$100m (CA$136.5m market cap, or US$99.7m). Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: CA$0.12 (vs CA$0.32 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.12 (down from CA$0.32 in 3Q 2022). Revenue: CA$39.5m (down 31% from 3Q 2022). Net income: CA$11.5m (down 59% from 3Q 2022). Profit margin: 29% (down from 49% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: CA$0.083 (vs CA$0.35 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.083 (down from CA$0.35 in 2Q 2022). Revenue: CA$35.0m (down 44% from 2Q 2022). Net income: CA$7.83m (down 74% from 2Q 2022). Profit margin: 22% (down from 49% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 1.2% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CA$0.17 (vs CA$0.26 in 1Q 2022) First quarter 2023 results: EPS: CA$0.17 (down from CA$0.26 in 1Q 2022). Revenue: CA$49.1m (flat on 1Q 2022). Net income: CA$14.9m (down 34% from 1Q 2022). Profit margin: 30% (down from 47% in 1Q 2022). Revenue is forecast to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased by 7.6% to CA$3.05 Down from CA$3.30, the current price target is an average from 6 analysts. New target price is 74% above last closing price of CA$1.75. Stock is down 41% over the past year. The company posted earnings per share of CA$1.22 last year. Price Target Changed • Apr 12
Price target decreased by 7.2% to CA$3.22 Down from CA$3.47, the current price target is an average from 6 analysts. New target price is 66% above last closing price of CA$1.94. Stock is down 30% over the past year. The company posted earnings per share of CA$1.22 last year. Recent Insider Transactions • Mar 30
President recently bought CA$117k worth of stock On the 27th of March, Gurdeep Gill bought around 50k shares on-market at roughly CA$2.35 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Gurdeep's only on-market trade for the last 12 months. Price Target Changed • Mar 29
Price target decreased by 8.7% to CA$3.30 Down from CA$3.61, the current price target is an average from 6 analysts. New target price is 80% above last closing price of CA$1.83. Stock is down 36% over the past year. The company posted earnings per share of CA$1.22 last year. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: CA$1.22 (vs CA$0.58 in FY 2021) Full year 2022 results: EPS: CA$1.22 (up from CA$0.58 in FY 2021). Revenue: CA$221.0m (up 68% from FY 2021). Net income: CA$106.4m (up 113% from FY 2021). Profit margin: 48% (up from 38% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% decline forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Announcement • Feb 18
Yangarra Resources Ltd., Annual General Meeting, Apr 27, 2023 Yangarra Resources Ltd., Annual General Meeting, Apr 27, 2023. Announcement • Feb 07
Yangarra Resources Ltd. to Report Fiscal Year 2022 Results on Mar 02, 2023 Yangarra Resources Ltd. announced that they will report fiscal year 2022 results on Mar 02, 2023 Announcement • Dec 24
Yangarra Resources Ltd. Provides Production Guidance for the Full Year 2023 Yangarra Resources Ltd. provided production guidance for the full year 2023. For the year, the company expected average production of 13,000 boe/d. Reported Earnings • Nov 02
Third quarter 2022 earnings released: EPS: CA$0.32 (vs CA$0.16 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.32 (up from CA$0.16 in 3Q 2021). Revenue: CA$62.8m (up 88% from 3Q 2021). Net income: CA$27.9m (up 107% from 3Q 2021). Profit margin: 45% (up from 41% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years, in line with the revenue forecast for the Oil and Gas industry in Canada. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Nov 02
Yangarra Resources Ltd. Revises Production Guidance for the Year 2022 Yangarra Resources Ltd. revised production guidance for the year 2022. For the year, the company expects production to be between 11,000 boe/d to 11,500 boe/d against previous guidance of 12,000 boe/d. Production guidance is lower due to on-stream production delays with new drills. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CA$2.10, the stock trades at a trailing P/E ratio of 2.1x. Average forward P/E is 5x in the Oil and Gas industry in Canada. Total returns to shareholders of 43% over the past three years. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: CA$0.35 (vs CA$0.091 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.35 (up from CA$0.091 in 2Q 2021). Revenue: CA$68.5m (up 151% from 2Q 2021). Net income: CA$30.6m (up 295% from 2Q 2021). Profit margin: 45% (up from 28% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 102% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CA$2.58, the stock trades at a trailing P/E ratio of 3.5x. Average forward P/E is 6x in the Oil and Gas industry in Canada. Total returns to shareholders of 31% over the past three years. Price Target Changed • Jul 05
Price target increased to CA$4.29 Up from CA$3.96, the current price target is provided by 1 analyst. New target price is 53% above last closing price of CA$2.80. Stock is up 74% over the past year. The company posted earnings per share of CA$0.58 last year. Recent Insider Transactions Derivative • Jun 11
Independent Director exercised options to buy CA$504k worth of stock. On the 6th of June, Dale Miller exercised options to buy 125k shares at a strike price of around CA$1.09, costing a total of CA$136k. This transaction amounted to 125% of their direct individual holding at the time of the trade. Since March 2022, Dale has owned 100.00k shares directly. Company insiders have collectively bought CA$1.0m more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • Jun 10
Insider recently bought CA$62k worth of stock On the 8th of June, Brett Booth bought around 16k shares on-market at roughly CA$3.81 per share. In the last 3 months, there was an even bigger purchase from another insider worth CA$85k. Insiders have collectively bought CA$387k more in shares than they have sold in the last 12 months. Price Target Changed • Jun 03
Price target increased to CA$3.96 Up from CA$3.64, the current price target is provided by 1 analyst. New target price is 14% above last closing price of CA$3.47. Stock is up 161% over the past year. The company posted earnings per share of CA$0.58 last year. Recent Insider Transactions Derivative • Jun 01
Independent Director exercised options and sold CA$147k worth of stock On the 26th of May, Robert Weir exercised 50k options at a strike price of around CA$0.52 and sold these shares for an average price of CA$3.46 per share. This trade did not impact their existing holding. Since June 2021, Robert's direct individual holding has increased from 291.31k shares to 319.65k. Company insiders have collectively bought CA$769k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • May 18
Independent Director recently bought CA$85k worth of stock On the 16th of May, Frederick Morton bought around 28k shares on-market at roughly CA$3.04 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$281k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 24% share price gain to CA$3.38, the stock trades at a trailing P/E ratio of 4.6x. Average forward P/E is 7x in the Oil and Gas industry in Canada. Total returns to shareholders of 14% over the past three years. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CA$0.26 (vs CA$0.11 in 1Q 2021) First quarter 2022 results: EPS: CA$0.26 (up from CA$0.11 in 1Q 2021). Revenue: CA$47.5m (up 77% from 1Q 2021). Net income: CA$22.7m (up 149% from 1Q 2021). Profit margin: 48% (up from 34% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 64%, compared to a 62% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Price Target Changed • Apr 28
Price target increased to CA$3.79 Up from CA$3.43, the current price target is provided by 1 analyst. New target price is 27% above last closing price of CA$2.97. Stock is up 172% over the past year. The company posted earnings per share of CA$0.58 last year. Price Target Changed • Apr 13
Price target increased to CA$3.29 Up from CA$3.01, the current price target is provided by 1 analyst. New target price is 19% above last closing price of CA$2.76. Stock is up 140% over the past year. The company posted earnings per share of CA$0.58 last year. Price Target Changed • Mar 21
Price target increased to CA$3.16 Up from CA$2.87, the current price target is provided by 1 analyst. New target price is 29% above last closing price of CA$2.45. Stock is up 98% over the past year. The company posted earnings per share of CA$0.58 last year. Announcement • Mar 06
Yangarra Resources Ltd. Provides Production Guidance for the Year 2022 Yangarra Resources Ltd. provided production guidance for the year 2022. For the year 2022, the company’s production guidance of 12,000 boe/d. Reported Earnings • Mar 06
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$0.58 (up from CA$0.057 in FY 2020). Revenue: CA$126.9m (up 56% from FY 2020). Net income: CA$50.0m (up CA$45.2m from FY 2020). Profit margin: 39% (up from 5.9% in FY 2020). Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 42%, compared to a 49% growth forecast for the oil industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 21% share price gain to CA$2.09, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total loss to shareholders of 34% over the past three years. Announcement • Feb 19
Yangarra Resources Ltd., Annual General Meeting, Apr 28, 2022 Yangarra Resources Ltd., Annual General Meeting, Apr 28, 2022. Announcement • Feb 02
Yangarra Resources Ltd. to Report Fiscal Year 2021 Results on Mar 03, 2022 Yangarra Resources Ltd. announced that they will report fiscal year 2021 results on Mar 03, 2022 Recent Insider Transactions • Nov 27
CEO, President & Director recently bought CA$50k worth of stock On the 24th of November, James Evaskevich bought around 30k shares on-market at roughly CA$1.67 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of CA$85k worth in shares. Recent Insider Transactions Derivative • Nov 19
CEO, President & Director exercised options to buy CA$225k worth of stock. On the 14th of November, James Evaskevich exercised options to buy 133k shares at a strike price of around CA$1.27, costing a total of CA$169k. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. Since December 2020, James' direct individual holding has increased from 2.77m shares to 2.84m. Company insiders have collectively bought CA$1.1m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS CA$0.16 (vs CA$0.006 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$33.0m (up 84% from 3Q 2020). Net income: CA$13.5m (up CA$13.0m from 3Q 2020). Profit margin: 41% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 20
Price target increased to CA$2.71 Up from CA$2.50, the current price target is provided by 1 analyst. New target price is 38% above last closing price of CA$1.97. Stock is up 302% over the past year. The company posted earnings per share of CA$0.057 last year. Price Target Changed • Oct 05
Price target increased to CA$2.44 Up from CA$2.21, the current price target is provided by 1 analyst. New target price is 24% above last closing price of CA$1.97. Stock is up 315% over the past year. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improved over the past week After last week's 16% share price gain to CA$1.56, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 9x in the Oil and Gas industry in Canada. Total loss to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CA$1.17, the stock trades at a trailing P/E ratio of 4.6x. Average forward P/E is 8x in the Oil and Gas industry in Canada. Total loss to shareholders of 75% over the past three years. Recent Insider Transactions • Aug 05
Independent Director recently bought CA$68k worth of stock On the 3rd of August, Neil MacKenzie bought around 50k shares on-market at roughly CA$1.36 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$357k more in shares than they have sold in the last 12 months.