In This Article:
Yangarra Resources (TSE:YGR) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$26.3m (down 38% from 3Q 2023).
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Net income: CA$3.96m (down 66% from 3Q 2023).
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Profit margin: 15% (down from 27% in 3Q 2023). The decrease in margin was driven by lower revenue.
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EPS: CA$0.04 (down from CA$0.12 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yangarra Resources Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 1.9% from a week ago.
Risk Analysis
Be aware that Yangarra Resources is showing 2 warning signs in our investment analysis that you should know about...
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