Bullboard - Stock Discussion Forum 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... see more

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Advantage Energy Ltd > Dividend

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Post by therealDonald on Feb 27, 2021 11:32am

Dividend

A penny a share would cost 23mil/year, yield 4.5% and likely move the stock up to $3.50. Then they could equity finance their oil plays and possibly prevent an opportunistic takeover at pdp value.

They got aggressive with their wells and it's working nicely, now time to get aggressive with the share price. Before we read that pou etc owns 10-20% of them too.

Paying down more debt when your 1x D/CF in a bull market is only making it better for your successor IMO

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