Advantage Oil & Gas (NYSE:AAV) (TSE:AAV) released its quarterly earnings data on Thursday. The oil and gas company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.03), MarketWatch Earnings reports. The business had revenue of $58.07 million during the quarter, compared to analyst estimates of $62.09 million. Advantage Oil & Gas had a net margin of 39.22% and a return on equity of 2.98%.
Shares of NYSE AAV traded down $0.05 during midday trading on Friday, reaching $3.00. 212,343 shares of the stock were exchanged, compared to its average volume of 333,109. The company has a market capitalization of $567.30, a P/E ratio of 15.00 and a beta of 0.61. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.38 and a quick ratio of 1.38. Advantage Oil & Gas has a twelve month low of $2.70 and a twelve month high of $7.35.
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AAV has been the subject of a number of recent research reports. Zacks Investment Research downgraded shares of Advantage Oil & Gas from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. Tudor Pickering upgraded shares of Advantage Oil & Gas from a “hold” rating to a “buy” rating in a report on Monday, March 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $9.44.
About Advantage Oil & Gas
Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas in the Province of Alberta, Canada. The company primarily focuses on the development and delineation of its Montney natural gas and liquids resource that includes 200 net sections of land in Glacier, Alberta.