Advantage Energy (OTCMKTS:AAVVF) Announces Quarterly Earnings Results, Misses Estimates By $0.18 EPS

Advantage Energy (OTCMKTS:AAVVF) issued its quarterly earnings data on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.18), Zacks reports. Advantage Energy had a net margin of 8.03% and a return on equity of 3.28%.

Advantage Energy Trading Up 2.2%

Shares of AAVVF stock traded up $0.16 during mid-day trading on Thursday, hitting $7.60. 115,162 shares of the company’s stock were exchanged, compared to its average volume of 84,634. Advantage Energy has a fifty-two week low of $6.73 and a fifty-two week high of $9.50. The stock has a 50-day simple moving average of $7.68 and a two-hundred day simple moving average of $8.10. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.37. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 34.55 and a beta of 0.96.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. BMO Capital Markets lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. National Bank Financial raised Advantage Energy from a “hold” rating to an “outperform” rating in a research note 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. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock 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.