Atb Cap Markets Cuts Earnings Estimates for Advantage Energy

Advantage Energy Ltd. (OTCMKTS:AAVVF) – Stock analysts at Atb Cap Markets reduced their Q4 2024 earnings per share (EPS) estimates for Advantage Energy in a report issued on Thursday, October 24th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.24. 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 Q1 2025 earnings at $0.18 EPS, Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.30 EPS and FY2026 earnings at $1.01 EPS.

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

Advantage Energy Stock Up 0.5 %

Advantage Energy stock opened at $6.45 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. Advantage Energy has a fifty-two week low of $5.90 and a fifty-two week high of $8.58. The firm has a fifty day moving average price of $6.81 and a two-hundred day moving average price of $7.31. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 32.25 and a beta of 1.61.

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.