Advantage Energy Ltd.

Equities

AAV

CA00791P1071

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-03 pm EDT			5-day change	1st Jan Change
10.67 ^CAD	-0.65%		-1.57%	+25.09%

Apr. 29	Advantage Energy "Outperform" Rating, $12.50 Target Price Maintained by National Bank of Canada	MT
Apr. 26	National Bank of Canada Maintains Advantage Energy's Sector-Perform Rating, C$11 Price Target. on In-Line Q1 Results	MT

Advantage Energy Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024

April 25, 2024 at 05:03 pm EDT

Advantage Energy Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CAD 139.38 million compared to CAD 128.55 million a year ago. Net income was CAD 23.16 million compared to CAD 29.72 million a year ago.

Basic earnings per share from continuing operations was CAD 0.14 compared to CAD 0.18 a year ago. Diluted earnings per share from continuing operations was CAD 0.14 compared to CAD 0.17 a year ago.

Latest news about Advantage Energy Ltd.

Advantage Energy "Outperform" Rating, $12.50 Target Price Maintained by National Bank of Canada	Apr. 29	MT
National Bank of Canada Maintains Advantage Energy's Sector-Perform Rating, C$11 Price Target. on In-Line Q1 Results	Apr. 26	MT
Transcript : Advantage Energy Ltd., Q1 2024 Earnings Call, Apr 26, 2024	Apr. 26
Advantage Announces First Quarter 2024 Financial And Operating Results	Apr. 25	MT
Advantage Energy Brief: Q1 Net income of $23.2 million or $0.14/share	Apr. 25	MT
Tranche Update on Advantage Energy Ltd.'s Equity Buyback Plan announced on April 6, 2023.	Apr. 25	CI
Advantage Energy Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Advantage Energy Ltd. Reports Operating Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Advantage Energy Ltd.'s Equity Buyback announced on April 6, 2023, has expired.	Apr. 11	CI
RBC Capital Markets Outlines Top Ideas In Canadian Exploration, Production Sector	Apr. 11	MT
Advantage Energy Brief: Announcing Retirement of Paul G. Haggis from its Board of Directors; Appointing John Festival to Board, Effective March 12, 2024	Mar. 12	MT
Advantage Announces Changes To Its Board of Directors	Mar. 12	MT
Advantage Energy Ltd. Announces Board Changes	Mar. 12	CI
RBC Capital Markets Notes Advantage Energy's 'Solid' 2023 Results	Mar. 11	MT
National Bank of Canada Says Advantage Energy's Q4 2023 Results In Line With Expectations	Mar. 05	MT
Transcript : Advantage Energy Ltd., 2023 Earnings Call, Mar 05, 2024	Mar. 05
Advantage Energy Price Target Raised to $10.50 at CIBC	Mar. 05	MT
Advantage Energy Price Target Raised to $11 at RBC	Mar. 05	MT
Advantage Energy Q4 Profit Falls 64% on Weak Natural Gas Prices; Lowers Planned 2024 Capital Budget	Mar. 04	MT
Advantage Energy Brief: Says Following a comprehensive review of Its capital program, Has "Materially" reduced Its planned 2024 CapEx by $40 million to between $220-$250 million	Mar. 04	MT
Advantage Energy Brief: 2023 Year-End Financial Highlights Include Net income of $101.6 million or $0.61/share	Mar. 04	MT
Advantage Energy Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 04	CI
North American Morning Briefing : Stock Futures -2-	Mar. 04	DJ
Advantage Energy Maintained at Sector Perform at RBC Following Q4 Production, 2024 Guidance; Price Target Kept at C$10.00	Feb. 07	MT
Advantage Energy Kept at Buy at Stifel FirstEnergy as Spending Cut on Weak Gas Prices; Price Target Cut to C$13.00	Feb. 07	MT

Chart Advantage Energy Ltd.

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Company Profile

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. The Companyâs Montney assets are located from approximately 4-80 kilometers (km) northwest of the city of Grande Prairie, Alberta. Its land holdings consist of 228 net sections (145,920 net acres) of liquids-rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-14 - Annual General Meeting

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Ratings for Advantage Energy Ltd.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

10.67 CAD

Average target price

13.46 CAD

Spread / Average Target

+26.13%

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