Advantage Energy (AAVVF) Expected to Announce Earnings on Thursday

Advantage Energy (OTCMKTS:AAVVF) will likely be issuing its resultson Thursday, July 23rd. Analysts expect Advantage Energy to announce earnings of $0.1443 per share and revenue of $142.85 million for the quarter.

Advantage Energy (OTCMKTS:AAVVF) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.07). The company had revenue of $148.76 million during the quarter, compared to analysts’ expectations of $151.38 million. Advantage Energy had a net margin of 14.72% and a return on equity of 6.61%.

Advantage Energy Price Performance

Shares of OTCMKTS AAVVF opened at $7.58 on Wednesday. The business’s 50 day moving average price is $7.29 and its 200 day moving average price is $7.62. The firm has a market cap of $1.27 billion, a P/E ratio of 16.48 and a beta of 0.64. Advantage Energy has a 52 week low of $6.72 and a 52 week high of $9.50. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.31.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AAVVF. BMO Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Scotiabank raised shares of Advantage Energy to a “strong-buy” rating in a research note on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company 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.