Atb Cap Markets Equities Analysts Reduce Earnings Estimates for Advantage Energy Ltd. (OTCMKTS:AAVVF)

Advantage Energy Ltd. (OTCMKTS:AAVVF) – Stock analysts at Atb Cap Markets reduced their Q3 2024 earnings per share estimates for shares of Advantage Energy in a report issued on Thursday, October 10th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for Advantage Energy’s current full-year earnings is $0.36 per share. Atb Cap Markets also issued estimates for Advantage Energy’s Q4 2024 earnings at $0.24 EPS, FY2024 earnings at $0.31 EPS, Q1 2025 earnings at $0.28 EPS, Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.14 EPS, FY2026 earnings at $1.08 EPS and FY2027 earnings at $1.02 EPS.

Advantage Energy (OTCMKTS:AAVVF) last announced its earnings results on Thursday, July 25th. The company reported ($0.05) EPS for the quarter. Advantage Energy had a net margin of 15.40% and a return on equity of 5.13%. The business had revenue of $73.57 million during the quarter.

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

Advantage Energy Stock Performance

OTCMKTS:AAVVF opened at $6.62 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 15.76 and a beta of 1.61. The firm’s fifty day moving average price is $6.87 and its 200 day moving average price is $7.37. Advantage Energy has a 1-year low of $5.90 and a 1-year high of $8.58.

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.