Advantage Energy (AAVVF) to Release Earnings on Tuesday

Advantage Energy (OTCMKTS:AAVVF) will likely be posting its results after the market closes on Tuesday, March 3rd. Analysts expect Advantage Energy to post earnings of $0.24 per share and revenue of $174.7190 million for the quarter.

Advantage Energy Price Performance

Shares of OTCMKTS AAVVF opened at $7.66 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $1.28 billion, a P/E ratio of 30.64 and a beta of 0.99. Advantage Energy has a 1-year low of $5.54 and a 1-year high of $9.50. The firm’s 50-day moving average price is $8.07 and its 200-day moving average price is $8.23.

Analyst Ratings Changes

Several analysts have recently issued reports on AAVVF shares. Zacks Research raised Advantage Energy from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Advantage Energy in a research note on Thursday, December 11th. Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, December 8th. ATB Cormark Capital Markets downgraded shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 13th. Finally, National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus 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.