Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $7.47, but opened at $7.12. Advantage Energy shares last traded at $7.12, with a volume of 245 shares trading hands.
Analyst Ratings Changes
A number of equities analysts have commented on the company. BMO Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. ATB Cormark Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, February 13th. Finally, National Bank Financial upgraded Advantage Energy from a “hold” rating to an “outperform” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Stock Report on Advantage Energy
Advantage Energy Price Performance
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.07). Advantage Energy had a return on equity of 6.66% and a net margin of 14.72%.The firm had revenue of $148.76 million during the quarter, compared to analyst estimates of $151.38 million.
About Advantage Energy
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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