OTCMKTS:AAVVF FY2024 EPS Estimate Raised by Atb Cap Markets

Advantage Energy Ltd. (OTCMKTS:AAVVF) – Equities research analysts at Atb Cap Markets raised their FY2024 earnings estimates for shares of Advantage Energy in a research report issued on Tuesday, December 10th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.19 per share for the year, up from their prior forecast of $0.17. The consensus estimate for Advantage Energy’s current full-year earnings is $0.17 per share. Atb Cap Markets also issued estimates for Advantage Energy’s Q4 2024 earnings at $0.17 EPS, Q4 2025 earnings at $0.32 EPS and FY2026 earnings at $1.03 EPS.

Separately, National Bank Financial lowered shares of Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th.

Advantage Energy Stock Down 2.2 %

Shares of OTCMKTS:AAVVF opened at $6.19 on Friday. Advantage Energy has a 1 year low of $6.04 and a 1 year high of $8.58. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The business’s 50-day moving average is $6.48 and its 200-day moving average is $6.96. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 30.97 and a beta of 1.58.

Advantage Energy (OTCMKTS:AAVVF) last released its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The firm had revenue of $106.19 million for the quarter, compared to analyst estimates of $119.27 million. Advantage Energy had a net margin of 8.62% and a return on equity of 2.88%.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.