10:08 AM EST - Yangarra Resources Ltd. : Announces its financial and operating results for the year ended December 31, 2022. 2022 Highlights: Average production of 11,022 boe/d (45% liquids), an increase of 23% from 2021. Oil and gas sales of $243 million, an increase of 73% from 2021. Funds flow from operations of $177 million ($1.92 per share – fully diluted) an increase of 95% from 2021. Adjusted EBITDA of $187 million ($2.03 per share – fully diluted). Net income of $106 million ($1.16 per share – fully diluted), resulting in an income margin of 44%. Yangarra Resources Ltd.
shares T.YGR are trading up $0.01 at $2.28.
