Advantage Energy (OTCMKTS:AAVVF – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05, Zacks reports. Advantage Energy had a return on equity of 6.61% and a net margin of 14.72%.
Advantage Energy Stock Performance
AAVVF remained flat at $7.67 on Thursday. 992 shares of the company’s stock traded hands, compared to its average volume of 118,285. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.31. The business has a fifty day moving average price of $7.34 and a two-hundred day moving average price of $7.60. Advantage Energy has a one year low of $6.72 and a one year high of $9.50. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 16.67 and a beta of 0.64.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. BMO Capital Markets cut Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Scotiabank upgraded Advantage Energy to a “strong-buy” rating in a research report on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Advantage Energy Company Profile
Advantage Energy Ltd. is a Calgary-based exploration and production company focused on the development of natural gas, condensate and natural gas liquids (NGLs) in the Montney formation of western Canada. The company holds and operates an extensive land position across northeast British Columbia and northwest Alberta, where it employs multi-stage fracturing and horizontal drilling techniques to optimize recovery from low-permeability reservoirs. Advantage Energy’s asset portfolio is structured to deliver stable gas production alongside enhanced liquids yields, supporting its strategy of balancing volume growth with cash-flow generation.
Advantage Energy’s operations are anchored in its core Montney acreage, where it has established several gas processing and compression facilities to gather, treat and market its production.
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