TSX:YGR

Stock Analysis Report

Yangarra Resources

Executive Summary

Yangarra Resources Ltd., a junior oil and gas company, explores for, develops, and produces resource properties in Western Canada.

Snowflake

Fundamentals

Proven track record and fair value.

Share Price & News

How has Yangarra Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YGR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.0%

YGR

2.6%

CA Oil and Gas

1.1%

CA Market


1 Year Return

-67.1%

YGR

-1.3%

CA Oil and Gas

6.9%

CA Market

Return vs Industry: YGR underperformed the Canadian Oil and Gas industry which returned -1.3% over the past year.

Return vs Market: YGR underperformed the Canadian Market which returned 6.9% over the past year.


Shareholder returns

YGRIndustryMarket
7 Day-6.0%2.6%1.1%
30 Day-16.7%5.1%2.6%
90 Day-21.4%10.3%4.6%
1 Year-67.1%-67.1%3.2%-1.3%10.4%6.9%
3 Year-19.7%-19.7%-9.4%-18.4%18.6%8.0%
5 Year-25.7%-25.7%-17.5%-29.8%27.1%8.6%

Price Volatility Vs. Market

How volatile is Yangarra Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Yangarra Resources undervalued compared to its fair value and its price relative to the market?

1.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate YGR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate YGR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: YGR is good value based on its PE Ratio (1.9x) compared to the Oil and Gas industry average (10x).

PE vs Market: YGR is good value based on its PE Ratio (1.9x) compared to the Canadian market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: YGR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: YGR is good value based on its PB Ratio (0.3x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Yangarra Resources forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-21.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YGR's earnings are forecast to decline over the next 3 years (-21.3% per year).

Earnings vs Market: YGR's earnings are forecast to decline over the next 3 years (-21.3% per year).

High Growth Earnings: YGR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: YGR's revenue (12.7% per year) is forecast to grow faster than the Canadian market (5% per year).

High Growth Revenue: YGR's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if YGR's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Yangarra Resources performed over the past 5 years?

31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YGR has a high level of non-cash earnings.

Growing Profit Margin: YGR's current net profit margins (39.2%) are higher than last year (21.1%).


Past Earnings Growth Analysis

Earnings Trend: YGR's earnings have grown significantly by 31.1% per year over the past 5 years.

Accelerating Growth: YGR's earnings growth over the past year (99%) exceeds its 5-year average (31.1% per year).

Earnings vs Industry: YGR earnings growth over the past year (99%) exceeded the Oil and Gas industry 13.6%.


Return on Equity

High ROE: YGR's Return on Equity (16.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Yangarra Resources's financial position?


Financial Position Analysis

Short Term Liabilities: YGR's short term assets (CA$29.9M) exceeds its short term liabilities (CA$27.0M)

Long Term Liabilities: YGR's short term assets (29.9M) do not cover its long term liabilities (258.8M)


Debt to Equity History and Analysis

Debt Level: YGR's debt to equity ratio (64.3%) is considered high

Reducing Debt: YGR's debt to equity ratio has increased from 38% to 64.3% over the past 5 years.

Debt Coverage: YGR's debt is well covered by operating cash flow (43%).

Interest Coverage: YGR's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet

Inventory Level: YGR has a high level of physical assets or inventory.

Debt Coverage by Assets: YGR's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Yangarra Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate YGR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate YGR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if YGR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if YGR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of YGR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Yangarra Resources's salary, the management and board of directors tenure and is there insider trading?

8.9yrs

Average management tenure


CEO

Jim Evaskevich (66yo)

17.9yrs

Tenure

CA$2,852,991

Compensation

Mr. James G. Evaskevich, also known as Jim, has been the Chief Executive Officer and President at Yangarra Resources Ltd. since December 2001. Mr. Evaskevich has been the President of Grassy Island Ranch L ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD2.16M) is above average for companies of similar size in the Canadian market ($USD136.04K).

Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.


Management Age and Tenure

8.9yrs

Average Tenure

Experienced Management: YGR's management team is seasoned and experienced (8.9 years average tenure).


Board Age and Tenure

10.9yrs

Average Tenure

74yo

Average Age

Experienced Board: YGR's board of directors are seasoned and experienced ( 10.9 years average tenure).


Insider Trading

Insider Buying: YGR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$23,00005 Nov 19
Gurdeep Gill
EntityIndividual
Shares20,000
Max PriceCA$1.15
BuyCA$24,97604 Nov 19
Gurdeep Gill
EntityIndividual
Shares22,300
Max PriceCA$1.12
BuyCA$118,58904 Nov 19
Neil MacKenzie
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares108,700
Max PriceCA$1.10
BuyCA$49,87523 Sep 19
Gordon Bowerman
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares28,500
Max PriceCA$1.75
BuyCA$14,86817 Sep 19
Leah Loyola
EntityIndividual
Shares8,260
Max PriceCA$1.80
BuyCA$30,13217 Sep 19
James Glessing
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares16,740
Max PriceCA$1.80
BuyCA$6,85002 Sep 19
Robert Weir
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceCA$1.37
BuyCA$15,30013 Aug 19
James Evaskevich
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares10,000
Max PriceCA$1.53
BuyCA$7,60012 Aug 19
James Glessing
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares5,000
Max PriceCA$1.52
BuyCA$30,40012 Aug 19
Leah Loyola
EntityIndividual
Shares20,000
Max PriceCA$1.52
BuyCA$22,03228 Jul 19
Gordon Bowerman
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares13,600
Max PriceCA$1.62
BuyCA$16,49025 Jul 19
Gurdeep Gill
EntityIndividual
Shares10,000
Max PriceCA$1.65
BuyCA$43,35022 Jul 19
Lorne Simpson
EntityIndividual
Role
Chief Operating Officer
Vice President of Operations
Shares25,500
Max PriceCA$1.70
BuyCA$17,17518 Jul 19
Gurdeep Gill
EntityIndividual
Shares10,000
Max PriceCA$1.73
BuyCA$17,40018 Jul 19
James Evaskevich
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares10,000
Max PriceCA$1.74
BuyCA$17,40018 Jul 19
Patricia Olynyk
EntityIndividual
Shares10,000
Max PriceCA$1.74
BuyCA$18,90015 Jul 19
Neil MacKenzie
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceCA$1.89
BuyCA$18,80012 Jul 19
Gurdeep Gill
EntityIndividual
Shares10,000
Max PriceCA$1.88
BuyCA$18,80010 Jul 19
James Evaskevich
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares10,000
Max PriceCA$1.88
BuyCA$12,00023 May 19
Gurdeep Gill
EntityIndividual
Shares5,000
Max PriceCA$2.40
BuyCA$34,50017 Apr 19
James Evaskevich
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares10,000
Max PriceCA$3.45
BuyCA$46,40027 Dec 18
Neil MacKenzie
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares20,000
Max PriceCA$2.32
BuyCA$98,76014 Dec 18
Gurdeep Gill
EntityIndividual
Shares40,000
Max PriceCA$2.47
BuyCA$31,68011 Dec 18
Frederick Morton
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares11,000
Max PriceCA$2.88
BuyCA$64,56404 Dec 18
Gurdeep Gill
EntityIndividual
Shares24,100
Max PriceCA$2.68
BuyCA$139,42423 Nov 18
Gurdeep Gill
EntityIndividual
Shares46,000
Max PriceCA$3.12
BuyCA$65,76719 Nov 18
James Evaskevich
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares20,000
Max PriceCA$3.31
BuyCA$16,50019 Nov 18
Gurdeep Gill
EntityIndividual
Shares5,000
Max PriceCA$3.30
BuyCA$33,50018 Nov 18
James Evaskevich
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares10,000
Max PriceCA$3.35
BuyCA$16,75215 Nov 18
Gurdeep Gill
EntityIndividual
Shares5,000
Max PriceCA$3.35

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.


Management Team

  • Jim Evaskevich (66yo)

    CEO, President & Director

    • Tenure: 17.9yrs
    • Compensation: CA$2.85m
  • James Glessing

    Chief Financial Officer

    • Tenure: 8.9yrs
    • Compensation: CA$1.25m
  • Lorne Simpson

    Vice President of Operations

    • Tenure: 6.6yrs
    • Compensation: CA$1.03m

Board Members

  • Jim Evaskevich (66yo)

    CEO, President & Director

    • Tenure: 17.9yrs
    • Compensation: CA$2.85m
  • Bob Weir (74yo)

    Independent Director

    • Tenure: 16yrs
    • Compensation: CA$651.66k
  • Neil MacKenzie (74yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: CA$306.85k
  • Gordon Bowerman (79yo)

    Independent Chairman of the Board

    • Tenure: 0yrs
    • Compensation: CA$617.73k
  • Ted Morton

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: CA$499.69k

Company Information

Yangarra Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yangarra Resources Ltd.
  • Ticker: YGR
  • Exchange: TSX
  • Founded:
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$93.899m
  • Shares outstanding: 85.36m
  • Website: https://www.yangarra.ca

Number of Employees


Location

  • Yangarra Resources Ltd.
  • 715 - 5th Avenue S.W.
  • Suite 1530
  • Calgary
  • Alberta
  • T2P 2X6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YGRTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 2005
702BDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2005
YGRA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2005

Biography

Yangarra Resources Ltd., a junior oil and gas company, explores for, develops, and produces resource properties in Western Canada. The company holds oil and gas interests in various sections, primarily foc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/13 00:12
End of Day Share Price2019/11/12 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.