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Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

Energy Oil & Gas E&P
Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of approximately 224 net sections (143,360 net acres) of liquids rich Montney lands at Glacier, Valhalla, Progress and Pipestone/Wembley. It also holds 163 net sections of Charlie Lake.


TSX:AAV - Post by User

Advantage Energy Ltd
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Post by Cheadle12on Feb 15, 2021 8:55pm
176 Views
Post# 32570329

Yuck! Advantage is 60% Hedged!!!

Yuck! Advantage is 60% Hedged!!!Check slide 16 of their presentation.

60% of their Oil is hedged at $44 !!  

No wonder the stock is languishing, they're not even taking advantage (pun intended!!) of these bumper crop prices.

Terrible decisions by mgmt.
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