Yangarra Resources (TSE:YGR) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Yangarra Resources Ltd. reported improved drilling efficiency and a positive delineation of new areas in their 2023 year-end results, but faced challenges with declining natural gas prices, leading to a constrained capital program. Heading into 2024, the company aims to focus on debt reduction with a capital budget of $70 million, while maintaining stable production levels and exploring waterflood potential in the Halo Cardium with a pilot project.
For further insights into TSE:YGR stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue