Advantage Energy (AAVVF) Projected to Announce Earnings on Thursday

Advantage Energy (OTCMKTS:AAVVF – Get Free Report) is expected to be issuing its results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of ($0.0772) per share and revenue of $136.83 million for the quarter.

Advantage Energy (OTCMKTS:AAVVF – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. The company had revenue of $137.96 million during the quarter, compared to the consensus estimate of $142.85 million. On average, analysts expect Advantage Energy to post $0.16 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.

Advantage Energy Price Performance

OTCMKTS:AAVVF opened at $7.67 on Wednesday. Advantage Energy has a fifty-two week low of $6.72 and a fifty-two week high of $9.50. The business has a 50 day moving average price of $7.56 and a 200-day moving average price of $7.61.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on AAVVF shares. Raymond James Financial downgraded shares of Advantage Energy from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, September 16th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Advantage Energy in a research report on Friday, August 28th. Finally, Scotiabank reissued an “outperform” rating on shares of Advantage Energy in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Advantage Energy presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Advantage Energy

Advantage Energy Company Profile

(Get Free Report)

Advantage Energy Ltd. is a Canadian natural gas and liquids producer headquartered in Calgary, Alberta. The company develops and produces natural gas, natural gas liquids and condensate, with a focus on the Montney resource in western Canada.

Advantage’s principal operations are located in the Glacier region of Alberta, where it owns and operates infrastructure supporting drilling, processing and transportation. Its production is marketed to customers in Canada and the United States through regional pipeline and natural gas networks.

The company was formerly known as Advantage Oil & Gas Ltd.

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Earnings History for Advantage Energy (OTCMKTS:AAVVF)

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