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Advantage Energy Ltd. (AAV.TO)
CAD10.52
-0.05 (-0.47%)
CA TSX Energy Oil & Gas Exploration & Production
Address
Millennium Tower T2P 5E9
Calgary, AB, CA
Calgary, AB, CA
CEO
Michael E. Belenkie
Website
advantageog.com
IPO
2009-10-29
ISIN CA00791P1071
Also trades on
Other OTC · AAVVF (USD)
Toronto Stock Exchange · AAV.TO (CAD)
Description
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.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
CAD10.52
-0.05 (-0.47%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.46
Float Shares
141.80M
Free Float %
84.5%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.09% | -0.30% | -1.97% | -7.70% | -15.75% | -15.25% | -7.10% | +35.37% | +200.60% | +34.64% | +39.55% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Analyst Consensus (6 ratings, all time)
Buy
Price Targets & DCF
Current price
10.52
DCF (Unlevered)
17.02
+61.8%
DCF (Levered)
5.35
-49.1%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
56% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 2 | -1 |
| Hold | 4 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
0.76
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
0 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Oil & Gas Exploration & Production: +0.0%+17.4% ★ Q1'26: -7.7% (vs Q1'25)
-
EPS growth Oil & Gas Exploration & Production: +11.9%+138.5% ★ Q1'26: +200.0% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Exploration & Production: +19.3%+0.7% Q1'26: -30.8% (vs Q1'25)
-
EBIT margin Oil & Gas Exploration & Production: +22.0%+14.9% Q1'26: +27.0% (vs Q1'25)
-
ROIC Oil & Gas Exploration & Production: +5.1%+2.6% Q1'26: +6.2% (vs Q1'25)
-
Share dilution Oil & Gas Exploration & Production: +0.0%+2.0% Q1'26: +2.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Exploration & Production: 0.70×2.70× Q1'26: 1.82× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 1 EPS Ana. |
Dec 2027 4 Rev. Ana. 2 EPS Ana. |
Dec 2028 2 Rev. Ana. 1 EPS Ana. |
Dec 2029 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
369.88M
est: 349.03M (+6.0%)
|
355.29M
est: 272.02M (+30.6%)
|
268.91M
est: 130.27M (+106.4%)
|
289.74M
est: 155.80M (+86.0%)
|
215.65M
est: 209.50M (+2.9%)
|
132.31M
est: 157.53M (-16.0%)
|
161.93M
est: 184.23M (-12.1%)
|
231.76M
est: 253.03M (-8.4%)
|
227.41M
est: 227.38M (+0.0%)
|
252.14M
est: 252.33M (-0.1%)
|
245.09M
est: 227.45M (+7.8%)
|
492.04M
est: 427.33M (+15.1%)
|
964.37M
est: 808.00M (+19.4%)
|
509.42M
est: 501.15M (+1.7%)
|
550.10M
est: 566.70M (-2.9%)
|
645.83M
est: 721.07M (-10.4%)
|
876.33M
848.96M – 923.17M
+21.5% YoY
|
1.03B
890.70M – 1.10B
+17.8% YoY
|
1.02B
930.78M – 1.08B
-1.2% YoY
|
1.28B
1.16B – 1.35B
+25.1% YoY
|
| EBITDA |
217.82M
est: 129.43M (+68.3%)
|
-3.88M
est: 128.36M (-103.0%)
|
32.74M
est: -27.63M (+218.5%)
|
155.89M
est: 5.86M (+2,560.0%)
|
205.24M
est: 110.12M (+86.4%)
|
128.33M
est: 101.78M (+26.1%)
|
106.13M
est: 160.76M (-34.0%)
|
258.15M
est: 100.91M (+155.8%)
|
147.95M
est: 81.23M (+82.1%)
|
89.15M
est: 163.19M (-45.4%)
|
-237.45M
est: 10.24M (-2,419.0%)
|
660.25M
est: 13.11M (+4,936.1%)
|
597.24M
est: 19.77M (+2,921.1%)
|
316.34M
est: 326.73M (-3.2%)
|
283.19M
est: 375.46M (-24.6%)
|
325.95M
est: 470.10M (-30.7%)
|
571.33M
553.48M – 601.87M
+21.5% YoY
|
673.04M
580.70M – 717.09M
+17.8% YoY
|
664.90M
606.83M – 704.67M
-1.2% YoY
|
831.72M
759.07M – 881.46M
+25.1% YoY
|
| EBIT |
83.87M
est: -77.22M (+208.6%)
|
-162.66M
est: -39.82M (-308.4%)
|
-105.77M
est: -86.77M (-21.9%)
|
11.05M
est: -138.98M (+107.9%)
|
119.61M
est: 44.24M (+170.4%)
|
39.81M
est: 81.23M (-51.0%)
|
-11.01M
est: 10.27M (-207.3%)
|
139.26M
est: 2.49M (+5,498.7%)
|
27.88M
est: 34.50M (-19.2%)
|
-31.27M
est: 9.58M (-426.5%)
|
-349.14M
est: 16.85M (-2,171.6%)
|
552.36M
est: 21.58M (+2,459.7%)
|
461.91M
est: 32.54M (+1,319.5%)
|
166.00M
est: 210.88M (-21.3%)
|
82.38M
est: 242.33M (-66.0%)
|
96.45M
est: 303.41M (-68.2%)
|
368.75M
357.23M – 388.46M
+21.5% YoY
|
434.39M
374.79M – 462.83M
+17.8% YoY
|
429.14M
391.66M – 454.81M
-1.2% YoY
|
536.81M
489.92M – 568.91M
+25.1% YoY
|
| Net Income |
-44.21M
est: -69.50M (+36.4%)
|
-152.77M
est: -34.45M (-343.5%)
|
-89.13M
est: -73.17M (-21.8%)
|
-3.38M
est: -106.57M (+96.8%)
|
15.70M
est: -4.57M (+443.5%)
|
21.38M
est: 12.15M (+76.0%)
|
-15.73M
est: 25.10M (-162.7%)
|
95.04M
est: -21.79M (+536.2%)
|
11.12M
est: 86.78M (-87.2%)
|
-24.65M
est: 12.57M (-296.1%)
|
-284.05M
est: -21.99M (-1,192.0%)
|
411.52M
est: -28.15M (+1,561.9%)
|
338.67M
est: -42.45M (+897.8%)
|
101.60M
est: 80.42M (+26.3%)
|
21.72M
est: 27.30M (-20.5%)
|
53.05M
est: 81.11M (-34.6%)
|
168.81M
152.37M – 185.25M
+108.1% YoY
|
217.10M
214.31M – 299.63M
+28.6% YoY
|
285.90M
253.44M – 308.13M
+31.7% YoY
|
347.17M
307.75M – 374.16M
+21.4% YoY
|
| SGA |
37.58M
est: 33.06M (+13.7%)
|
42.17M
est: 29.30M (+43.9%)
|
28.18M
est: 16.57M (+70.1%)
|
27.41M
est: 33.73M (-18.7%)
|
9.58M
est: 44.78M (-78.6%)
|
10.57M
est: 7.41M (+42.6%)
|
17.73M
est: 12.41M (+42.9%)
|
46.80M
est: 24.56M (+90.6%)
|
64.73M
est: 42.73M (+51.5%)
|
73.81M
est: 73.20M (+0.8%)
|
72.41M
est: 65.82M (+10.0%)
|
94.35M
est: 84.28M (+12.0%)
|
117.90M
est: 127.08M (-7.2%)
|
31.18M
est: 51.88M (-39.9%)
|
36.98M
est: 260.02M (-85.8%)
|
48.56M
est: 74.65M (-34.9%)
|
90.72M
87.89M – 95.57M
+21.5% YoY
|
106.88M
92.21M – 113.87M
+17.8% YoY
|
105.58M
96.36M – 111.90M
-1.2% YoY
|
132.07M
120.54M – 139.97M
+25.1% YoY
|
| EPS |
-0.27
est: -0.28 (+4.5%)
|
-0.92
est: -0.05 (-1,608.0%)
|
-0.53
est: -0.27 (-98.3%)
|
-0.02
est: 0.07 (-128.4%)
|
0.09
est: 0.34 (-73.4%)
|
0.13
est: 0.09 (+52.9%)
|
-0.09
est: 0.04 (-335.0%)
|
0.51
est: 0.43 (+18.1%)
|
0.06
est: -0.03 (+274.4%)
|
-0.13
est: -0.09 (-39.7%)
|
-1.51
est: -1.63 (+7.3%)
|
2.17
est: 0.45 (+387.0%)
|
1.81
est: 1.58 (+14.9%)
|
0.61
est: 0.49 (+23.9%)
|
0.13
est: 0.16 (-20.4%)
|
0.32
est: 0.49 (-34.1%)
|
1.01
0.90 – 1.09
+108.1% YoY
|
1.51
1.26 – 1.76
+49.5% YoY
|
1.68
1.49 – 1.81
+11.3% YoY
|
2.04
1.81 – 2.20
+21.4% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-11 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-08 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-07 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-04 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-01 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-29 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-28 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-27 | B | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 3/5 | 5/5 | 1/5 | 1/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
111.21M
OE per share TTM
0.56
Owner's Yield
6.62%
Maintenance CapEx ratio
845.69%
Maint CapEx / Avg PPE
401.0%
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
1
Total invested
3.00
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2025 Q4
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
0
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | HUNTINGTON NATIONAL BANK | 1.00 +— (+0.0%) | 3.00 +— (+0.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | CAD9.00 +30.4% | 13 qtrs — |
Ownership breakdown by holder
ETF Ownership
Top ETFs holding this stock
Held by 61 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares S&P/TSX SmallCap Index ETF XCS.TO | 0.58% | 991.9K | 0.60% |
| 2 | iShares S&P/TSX Capped Energy Index ETF XEG.TO | 0.45% | 7.59M | 0.60% |
| 3 | iShares Oil & Gas Exploration & Production UCITS ETF IOGP.L | 0.18% | 745.3K | 0.55% |
| 4 | iShares S&P/TSX Completion Index ETF XMD.TO | 0.18% | 990.7K | 0.60% |
| 5 | Dimensional - International Small Cap Value ETF DISV | 0.16% | 7.62M | 0.42% |
| 6 | State Street SPDR S&P International Small Cap ETF GWX | 0.14% | 1.25M | 0.40% |
| 7 | Avantis International Small Cap Value ETF AVDV | 0.12% | 22.83M | 0.36% |
| 8 | Desjardins RI Canada - Net-Zero Emissions Pathway ETF DRMC.TO | 0.11% | 80.9K | 0.15% |
| 9 | Dimensional - International Small Cap ETF DFIS | 0.05% | 2.88M | 0.39% |
| 10 | Schwab International Small-Cap Equity ETF SCHC | 0.05% | 2.63M | 0.06% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
1.13M
Shares Outstanding
167.77M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Michael E. Belenkie | President, Chief Executive Officer & Director | 1M | male |
| Craig Blackwood | Chief Financial Officer | 799.9K | male |
| Neil G. Bokenfohr | Senior Vice President | 699.3K | male |
| Darren Tisdale | Vice President of Geosciences | 644.6K | male |
| Geoff Keyser | Vice President of Corporate Development | 642.8K | male |
| Jay Patrick Reid | Corporate Secretary | — | male |
| Anthony Coombs | Controller | — | male |
| Brian Bagnell | Vice President of Commodities & Capital Markets | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for AAV.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
