Advantage Energy Ltd. (AAV.TO)
Advantage Energy Ltd. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $11.11, up 1.00% on the session, giving a market capitalisation of $1.86B. Its beta of 0.45 implies it has historically moved less than the broad market.
Advantage Energy Ltd., along with its subsidiaries, operates as an oil and gas exploration and production company in the Province of Alberta, Canada. Its primary activities include acquiring, developing, and producing crude oil, natural gas, and natural gas liquids. The firm specifically targets the Doig/Montney formation, where it holds extensive rights spanning 145,920 net acres (equivalent to 228 net sections) across key areas such as Glacier, Valhalla, Progress, and Pipestone/Wembley. Advantage Energy then sells its natural gas, oil, and NGLs predominantly via marketing companies. Originally founded in 2001 and headquartered in Calgary, Canada, the company rebranded from Advantage Oil & Gas Ltd. to its current name in May 2021.
Advantage Energy Ltd. is most often compared with the following Energy names: