financetom
Business
financetom
/
Business
/
Yangarra Resources Reports Lower Third-quarter Profit, Sales
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Yangarra Resources Reports Lower Third-quarter Profit, Sales
Oct 28, 2025 2:10 PM

04:59 PM EDT, 10/28/2025 (MT Newswires) -- Yangarra Resources ( YGRAF ) , after trade Tuesday, said its third-quarter profit and oil and gas sales declined year-over-year.

The company earned $2.3 million, or $0.02 per share, in the period, down from $4 million, or $0.04, in the year-ago quarter. FactSet expected $0.05 per share.

Petroleum and natural gas sales fell to $24.4 million from $26.3 million a year prior. FactSet projected sales of $27.6 million.

Funds flow from operations stood at $13.2 million, or $0.12 per share, compared with $13.7 million, or $0.13, in the year-ago quarter.

The company said it reduced spending on drilling and completions during the quarter because of low AECO natural gas prices and weaker West Texas Intermediate (WTI) oil prices.

It added that average production in the third quarter was about 500 barrels of oil equivalent per day lower than normal due to two major third-party facility shutdowns. Production from those facilities resumed in mid-October.

Yangarra shares closed unchanged at $1.00 on the Toronto Stock Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vaxcyte to raise $1.3 bln from shares, warrants sale after stock's surge to record high
Vaxcyte to raise $1.3 bln from shares, warrants sale after stock's surge to record high
Sep 6, 2024
Sept 5 (Reuters) - Vaxcyte ( PCVX ), a clinical-stage vaccine developer, will raise $1.3 billion in gross proceeds by selling common stock and warrants, it said late on Wednesday, a day after its shares surged to a record high on promising results in a vaccine trial. The company said it would sell 10.2 million shares at $103 each and...
Nippon Steel shares rise after news Biden close to blocking its U.S. Steel buy
Nippon Steel shares rise after news Biden close to blocking its U.S. Steel buy
Sep 6, 2024
TOKYO (Reuters) -Nippon Steel shares climbed on Thursday after news that the White House was close to announcing President Joe Biden will block the company's $15 billion bid for its peer U.S. Steel. Sources told Reuters on Wednesday the U.S. action would be based on national security risks, amid growing bipartisan political opposition to the deal which the companies were...
Nippon Steel shares up after news of US looking to block peer's acquisition
Nippon Steel shares up after news of US looking to block peer's acquisition
Sep 6, 2024
TOKYO (Reuters) - Shares of Nippon Steel climbed on Thursday, outperforming the wider Nikkei index, after the news that the White House was looking to block the company's $15 billion bid for its peer U.S. Steel. Sources told Reuters on Wednesday U.S. President Joe Biden was close to blocking Nippon Steel's takeover of U.S. Steel on national security risks, amid...
PRESS DIGEST- New York Times business news - Sept 5
PRESS DIGEST- New York Times business news - Sept 5
Sep 6, 2024
Sept 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - U.S. President Joe Biden is preparing to soon block an attempt by Japan's Nippon Steel ( NISTF ) to buy U.S. Steel on national security grounds, likely sinking a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved