Advantage Energy (OTCMKTS:AAVVF) Issues Earnings Results

Advantage Energy (OTCMKTS:AAVVF) released its quarterly earnings data on Thursday. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.20), Zacks reports. Advantage Energy had a net margin of 9.39% and a return on equity of 3.75%. The firm had revenue of $130.41 million for the quarter, compared to the consensus estimate of $174.72 million.

Advantage Energy Stock Performance

Shares of OTCMKTS:AAVVF traded up $0.01 during mid-day trading on Friday, reaching $7.81. The company had a trading volume of 3,864 shares, compared to its average volume of 57,314. Advantage Energy has a one year low of $5.54 and a one year high of $9.50. 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 company’s 50-day moving average price is $8.00 and its 200-day moving average price is $8.23. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 31.24 and a beta of 0.96.

Wall Street Analyst Weigh In

A number of brokerages have commented on AAVVF. ATB Cormark Capital Markets lowered shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, February 13th. Zacks Research upgraded shares of Advantage Energy from a “strong sell” rating to a “hold” rating in a report on Friday, December 12th. Royal Bank Of Canada restated a “sector perform” rating on shares of Advantage Energy in a report on Thursday, December 11th. Raymond James Financial upgraded Advantage Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 8th. Finally, National Bank Financial raised Advantage Energy from a “hold” rating to an “outperform” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.