Advantage Energy (OTCMKTS:AAVVF) Announces Quarterly Earnings Results, Misses Estimates By $0.20 EPS

Advantage Energy (OTCMKTS:AAVVF) posted its earnings results on Thursday. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.20), Zacks reports. The company had revenue of $130.41 million for the quarter, compared to analysts’ expectations of $174.72 million. Advantage Energy had a net margin of 9.39% and a return on equity of 3.75%.

Advantage Energy Trading Up 0.1%

OTCMKTS:AAVVF traded up $0.01 during midday trading on Friday, hitting $7.81. 3,864 shares of the company traded hands, compared to its average volume of 57,314. The firm has a market capitalization of $1.30 billion, a P/E ratio of 31.24 and a beta of 0.96. The firm’s fifty day moving average is $8.00 and its 200-day moving average is $8.23. Advantage Energy has a 12-month low of $5.54 and a 12-month 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.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating in a report on Friday, February 13th. Zacks Research upgraded Advantage Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, December 12th. ATB Cormark Capital Markets cut Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 13th. Raymond James Financial raised Advantage Energy from a “hold” rating to a “moderate buy” rating in a report on Monday, December 8th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Advantage Energy in a research report on Thursday, December 11th. One research 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. According to MarketBeat.com, the company 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.