Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX: YGR) announces its financial and operating results for the three and nine months ended.
Financial highlights include:
The Company uses non-GAAP financial ratios, such as adjusted net debt to second quarter annualized FFO and adjusted net debt to third quarter annualized FFO.
Adjusted net debt to third quarter annualized FFO is a non-GAAP financial ratio calculated as adjusted net debt divided by third quarter annualized FFO.
Yangarra considers corporate netbacks a key measure of profitability relative to current commodity prices, comprising operating, field operating, FFO, and net income (loss) netbacks.
Field operating netback is calculated as the average sales price of commodities, less royalties, operating costs, and transportation expenses.
Author's summary: Yangarra announces its 2025 third quarter financial results.