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Advantage Energy Ltd T.AAV

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

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

Post by Margin321on Jul 28, 2022 6:25pm
176 Views
Post# 34858480

Undervalued

UndervaluedMarket cap is 1.5 billion.  They are massively profitable and have 1.4 billion in tax pools so that their profits will go right to shareholders now that debt is essentially gone.  They will do share buybacks for now but if share price becomes fully valued theyt will have no excuse not to start a dividend.

Expect result later this evening - they have reported 6 to 7 pm or even later in past.  But there should be numbers fairly soon.


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