Advantage Energy (AAVVF) Projected to Post Quarterly Earnings on Thursday

Advantage Energy (OTCMKTS:AAVVF) is anticipated to issue its resultson Thursday, July 23rd. Analysts expect Advantage Energy to post 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.07). Advantage Energy had a return on equity of 6.61% and a net margin of 14.72%.The firm had revenue of $148.76 million during the quarter, compared to the consensus estimate of $151.38 million.

Advantage Energy Stock Up 1.2%

Shares of OTCMKTS:AAVVF opened at $7.58 on Thursday. Advantage Energy has a 1 year low of $6.72 and a 1 year high of $9.50. The business has a 50 day simple moving average of $7.27 and a two-hundred day simple moving average of $7.65. The firm has a market capitalization of $1.27 billion, a PE ratio of 16.48 and a beta of 0.64. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.38 and a quick ratio of 0.38.

Analyst Ratings Changes

A number of brokerages recently issued reports on AAVVF. BMO Capital Markets lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Scotiabank raised Advantage Energy to a “strong-buy” rating in a research report 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 company. According to data from MarketBeat.com, the company currently 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.