04:22:22 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Advantage Energy Ltd
Symbol AAV
Shares Issued 162,225,180
Close 2024-01-24 C$ 9.02
Market Cap C$ 1,463,271,124
Recent Sedar Documents

Globe says Advantage Energy maintained at "buy"

2024-01-24 07:48 ET - In the News

The Globe and Mail reports in its Wednesday edition that Desjardins Securities analyst Chris MacCulloch has reaffirmed his "buy" recommendation for Advantage Energy. The Globe's David Leeder writes in the Eye On Equities column that Mr. MacCulloch tweaked his share target lower by 25 cents to $13. Analysts on average target the shares at $12.51. Mr. MacCulloch says in a note: "Our top pick in the small/mid-cap natural gas space is AAV [Advantage Energy], which offers 14-per-cent PPS growth, augmented by share repurchases with 100 per cent of FCF currently allocated to buybacks. We also anticipate a meaningful acceleration in CCS developments this year for Entropy in the U.S. and Canada, the latter of which will be backstopped by the recent partnership with the Canada Growth Fund." The Globe reported on Nov. 29 that Stifel analyst James Hodgins said it was a good time to buy Advantage. It was then worth $9.77. The Globe reported on Dec. 7 that Mr. MacCulloch had reaffirmed his "buy" recommendation for Advantage Energy. The shares could then be had for $8.62. The Globe reported on Jan. 17 that Scotia Capital analysts had called Advantage Energy one of their "best ideas." The shares could then be had for $8.82.

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