Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) reached a new 52-week low on Friday . The company traded as low as $6.7660 and last traded at $6.92, with a volume of 2615 shares trading hands. The stock had previously closed at $7.29.
Analysts Set New Price Targets
Several research analysts recently issued reports on AAVVF shares. National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. BMO Capital Markets lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Finally, ATB Cormark Capital Markets cut Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Report on Advantage Energy
Advantage Energy Trading Down 2.8%
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.20). Advantage Energy had a net margin of 8.03% and a return on equity of 3.28%. The company had revenue of $130.41 million during the quarter, compared to analyst estimates of $174.72 million. On average, research analysts predict that Advantage Energy Ltd. will post 0.19 earnings per share for the current year.
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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