Shares of Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.
A number of research firms have recently issued reports on AAVVF. Raymond James Financial upgraded shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 8th. Royal Bank Of Canada restated a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. Zacks Research upgraded Advantage Energy from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. National Bank Financial raised Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. Finally, ATB Cormark Capital Markets lowered Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, February 13th.
Read Our Latest Stock Report on Advantage Energy
Advantage Energy Price Performance
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.20). Advantage Energy had a net margin of 8.03% and a return on equity of 3.30%. The business had revenue of $130.41 million during the quarter, compared to the consensus estimate of $174.72 million. On average, analysts anticipate that Advantage Energy will post 0.19 earnings per share for the current year.
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.
Further Reading
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