Advantage Energy Ltd. (OTCMKTS:AAVVF – Get Free Report) traded down 4.7% on Tuesday . The company traded as low as $7.9750 and last traded at $7.98. 9,147 shares changed hands during trading, a decline of 86% from the average session volume of 64,538 shares. The stock had previously closed at $8.37.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on AAVVF shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Advantage Energy in a report on Thursday, December 11th. National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to an “outperform” rating in a research report on Friday, February 13th. Raymond James Financial raised shares of Advantage Energy from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 8th. ATB Cormark Capital Markets cut shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 13th. Finally, Zacks Research upgraded shares of Advantage Energy from a “strong sell” rating to a “hold” rating in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Advantage Energy currently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on AAVVF
Advantage Energy Price Performance
Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last issued its 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). The business had revenue of $130.41 million for the quarter, compared to the consensus estimate of $174.72 million. Advantage Energy had a return on equity of 3.30% and a net margin of 8.03%. As a group, analysts forecast that Advantage Energy Ltd. will post 0.19 EPS 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.
Read More
Receive News & Ratings for Advantage Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advantage Energy and related companies with MarketBeat.com's FREE daily email newsletter.
