Yangarra Resources: High Tech Growth Pace At An Oil Company Price

Seeking Alpha | Sep 20, 2019 at 6:20 PM
  • Yangarra Resources (OTCPK:YGRAF) just reported another strong quarter despite the annual Spring Breakup.
  • As such, a company such as this one with unusually low production costs as well as total all in costs can expand during times of pricing weakness.
  • Now, with oil prices bouncing around at higher levels, the cash flow is on solid ground, and the company will manage the capital budget flexibly.