Advantage Energy (OTCMKTS:AAVVF) Issues Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Advantage Energy (OTCMKTS:AAVVF) announced its quarterly earnings results on Thursday. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.07), Zacks reports. Advantage Energy had a net margin of 8.03% and a return on equity of 3.28%.

Advantage Energy Stock Up 0.8%

Shares of Advantage Energy stock traded up $0.06 during trading hours on Friday, hitting $7.50. 6,584 shares of the company’s stock traded hands, compared to its average volume of 84,633. The stock has a 50 day simple moving average of $7.68 and a 200-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 company has a market cap of $1.26 billion, a PE ratio of 34.09 and a beta of 0.96. Advantage Energy has a twelve month low of $6.73 and a twelve month high of $9.50.

Analysts Set New Price Targets

Several brokerages recently issued reports on AAVVF. National Bank Financial upgraded Advantage Energy from a “hold” rating to an “outperform” rating in a report on Friday, February 13th. ATB Cormark Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “moderate buy” rating in a report on Friday, February 13th. Finally, BMO Capital Markets downgraded Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the 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.