ADVANTAGE OIL & GAS LTD. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.98
Dividend & YieldN/AC$ (N/A)
Beta N/A
Market capitalization 1.88B
Operating cash flow 457.28M
ESG Scores unknown

Company description

Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley. It provides natural gas, oil, and natural gas liquids primarily through marketing companies. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio0.88
Working Capital-35.43
Return On Equity0.28
Debt To Equity0.18
Fixed Asset Ratio0
Fixed Interest Cover10.64

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -213.73M -173.64M -158.62M -117.78M
Net Borrowings 61.94M 24.32M -48.78M -80.03M
Total Cash From Financing Activities 63.94M 24.32M 48.09M -83.41M
Change To Operating Activities 644k 2.79M -2.87M -10.64M
Issuance Of Stock
Net Income 11.12M -24.65M -284.05M 411.52M
Change In Cash -557k 6.74M -9.82M 21.96M
Effect Of Exchange Rate
Total Cash From Operating Activities 149.24M 156.06M 100.71M 223.15M
Depreciation 120.07M 120.41M 111.69M 107.89M
Change To Account Receivables
Other Cashflows From Financing Activities 2.02M 96.86M 96.86M -3.38M
Change To Netincome 17.41M 57.51M 275.93M -285.63M
Capital Expenditures -213.73M -173.64M -158.62M -137.35M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 16.96M -44.53M -367.31M 532.45M
Net Income 11.12M -24.65M -284.05M 411.52M
Selling General Administrative 8.87M 11.8M 11.31M 19.86M
Gross Profit 142.76M 156.54M 138.79M 349.17M
Ebit 27.79M -31.02M 9.26M 213.88M
Operating Income 27.79M -31.02M 9.26M 213.88M
Interest Expense -10.92M -13.27M -18.91M -20.1M
Income Tax Expense 5.84M -19.88M -83.27M 121.09M
Total Revenue 225.02M 247.47M 234.61M 464.5M
Cost Of Revenue 82.25M 90.94M 95.82M 115.33M
Total Other Income ExpenseNet -10.83M -13.51M -376.57M 318.57M
Net Income From Continuing Ops 11.12M -24.65M -284.05M 411.35M
Net Income Applicable To Common Shares 11.12M -24.65M -284.05M 411.52M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 439M 502.36M 493.55M 534.87M
Total Stockholder Equity 1.33B 1.32B 1.04B 1.46B
Other Current Liabilities 94k 12.46M 15.3M 4.82M
Total Assets 1.77B 1.82B 1.53B 1.99B
Common Stock 2.34B 2.35B 2.36B 2.37B
Other Current Assets 29.59M 2.02M 6.86M 282k
Retained Earnings -1.13B -1.15B -1.43B -1.02B
Treasury Stock
Cash 6.36M 13.1M 3.28M 25.24M
Total Current Liabilities 38.89M 64.62M 57.02M 95.39M
Other Stockholder Equity
Property, Plant, and Equipment 1.69B 1.77B 1.46B 1.85B
Total Current Assets 66.48M 45.93M 40.65M 83.77M
Net Tangible Assets 1.33B 1.32B 1.04B 1.45B
Net Receivables 28.35M 29.32M 28.49M 54.77M
Accounts Payable 38.8M 50.69M 37.01M 76.62M


Insider Transactions

Here are the insider transactions of stock shares related to ADVANTAGE OIL & GAS LTD.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Advantage Energy Ltd.Redemption, retraction, cancelation, repurchase at price 7.61 per share.D2022-09-30Issuer3.95M
Advantage Energy Ltd.Redemption, retraction, cancelation, repurchase at price 7.91 per share.D2022-09-30Issuer4.94M
Belenkie, MichaelAcquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Director of Issuer1.42k
Blackwood, Donald CraigAcquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Senior Officer of Issuer1.1k
Bokenfohr (Neil)Acquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Senior Officer of Issuer1.1k
Keyser (Geoffrey)Acquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Senior Officer of Issuer887
Quaife (John)Acquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Senior Officer of Issuer1.59k
Tisdale (Darren)Acquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Senior Officer of Issuer887
Sterna (David)Acquisition or disposition under a purchase/ownership plan at price 7.69 per share.D2022-09-30Senior Officer of Issuer958
Bokenfohr (Neil)Acquisition or disposition in the public market at price 7.86 per share.D2022-09-20Senior Officer of Issuer50k
Blackwood, Donald CraigAcquisition or disposition in the public market at price 8.48 per share.D2022-09-12Senior Officer of Issuer50k
Advantage Energy Ltd.Redemption, retraction, cancelation, repurchase at price 8.61 per share.D2022-08-31Issuer2.74M
Advantage Energy Ltd.Redemption, retraction, cancelation, repurchase at price 8.15 per share.D2022-08-31Issuer1.56M
Bokenfohr (Neil)Acquisition or disposition in the public market at price 8.88 per share.D2022-08-17Senior Officer of Issuer50k
Mah (Andy)Acquisition or disposition in the public market at price 8.57 per share.D2022-08-10Director of Issuer23.3k
Mah (Andy)Acquisition or disposition in the public market at price 8.47 per share.D2022-08-05Director of Issuer51.7k
Blackwood, Donald CraigAcquisition or disposition in the public market at price 8.47 per share.D2022-08-03Senior Officer of Issuer50k
Mah (Andy)Acquisition or disposition in the public market at price 8.21 per share.D2022-08-02Director of Issuer75k
Advantage Energy Ltd.Redemption, retraction, cancelation, repurchase at price 7.27 per share.D2022-07-31Issuer1.51M
Advantage Energy Ltd.Redemption, retraction, cancelation, repurchase at price 7.14 per share.D2022-07-31Issuer1.22M
Angevine (Jill Terilee)Acquisition or disposition in the public market at price 6.77 per share.D2022-07-11Director of Issuer6k
Clague (Donald M)Acquisition or disposition in the public market at price 6.76 per share.D2022-07-08Director of Issuer6k
Belenkie, MichaelAcquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Director of Issuer1.49k
Blackwood, Donald CraigAcquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Senior Officer of Issuer1.16k
Bokenfohr (Neil)Acquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Senior Officer of Issuer1.16k
Keyser (Geoffrey)Acquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Senior Officer of Issuer934
Tisdale (Darren)Acquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Senior Officer of Issuer934
Quaife (John)Acquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Senior Officer of Issuer934
Sterna (David)Acquisition or disposition under a purchase/ownership plan at price 7.87 per share.D2022-06-30Senior Officer of Issuer1.01k
Mah (Andy)Acquisition or disposition in the public market at price 7.96 per share.D2022-04-12Director of Issuer136k
Bokenfohr (Neil)Acquisition or disposition in the public market at price 7.92 per share.D2022-04-11Senior Officer of Issuer50k
Mah (Andy)Acquisition or disposition in the public market at price 7.88 per share.D2022-04-11Director of Issuer114k
Belenkie, MichaelD2022-04-08Director of Issuer233.82k
Blackwood, Donald CraigAcquisition or disposition in the public market at price 7.76 per share.D2022-04-08Senior Officer of Issuer25k
Blackwood, Donald CraigD2022-04-08Senior Officer of Issuer175.37k
Bokenfohr (Neil)D2022-04-08Senior Officer of Issuer198.75k
Mah (Andy)D2022-04-08Director of Issuer350.74k
Tisdale (Darren)D2022-04-08Senior Officer of Issuer42.17k
Sterna (David)Exercise of rights at price 83721.36 per share.D2022-04-08Senior Officer of Issuer105.22k
Quaife (John)D2022-04-08Senior Officer of Issuer59.64k
Blackwood, Donald CraigAcquisition or disposition in the public market at price 7.40 per share.D2022-04-07Senior Officer of Issuer25k
Keyser (Geoffrey)Acquisition or disposition in the public market at price 7.31 per share.D2022-04-06Senior Officer of Issuer6k
Belenkie, MichaelAcquisition or disposition in the public market at price 7.11 per share.I2022-04-04Director of Issuer5.64k
Belenkie, MichaelAcquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Director of Issuer2.11k
Blackwood, Donald CraigAcquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Senior Officer of Issuer1.58k
Bokenfohr (Neil)Acquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Senior Officer of Issuer1.64k
Keyser (Geoffrey)Acquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Senior Officer of Issuer1.32k
Tisdale (Darren)Acquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Senior Officer of Issuer1.32k
Quaife (John)Acquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Senior Officer of Issuer1.3k
Sterna (David)Acquisition or disposition under a purchase/ownership plan at price 5.74 per share.D2022-03-31Senior Officer of Issuer1.43k
Blackwood, Donald CraigAcquisition or disposition in the public market at price 7.21 per share.D2022-03-30Senior Officer of Issuer25k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ADVANTAGE OIL & GAS LTD.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ADVANTAGE OIL & GAS LTD.

Here is the result of two systematic investment strategies applied to ADVANTAGE OIL & GAS LTD.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ADVANTAGE OIL & GAS LTD.

The following chart shows the equity curve of the two systematic investment strategies applied to ADVANTAGE OIL & GAS LTD.:

ADVANTAGE OIL & GAS LTD. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 246.78% on the backtest period.

Performance at glance

Performance

246.78 %

Latent gain

3696.78 C$

Invested capital

1498.02 C$

Annualized return

59.61 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on ADVANTAGE OIL & GAS LTD.

This is the result of two momentum investment strategies applied to ADVANTAGE OIL & GAS LTD.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ADVANTAGE OIL & GAS LTD.

The following chart shows all the entries opened by the momentum investment system on ADVANTAGE OIL & GAS LTD.:

ADVANTAGE OIL & GAS LTD. momentum entries
  • The first momentum investment strategy would give 331.74% of return on ADVANTAGE OIL & GAS LTD.. That represents 14945.4C$ of latent gain with 4505.13C$ of employed capital.
  • The second momentum investment strategy would give 349.29% of return on ADVANTAGE OIL & GAS LTD.. That represents 12232.24C$ of latent gain with 3502.01C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

331.74 %

Latent gain

14945.4 C$

Invested capital

4505.13 C$

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

349.29 %

Latent gain

12232.24 C$

Invested capital

3502.01 C$

Annualized return

95.43 %

Momentum equity curve on ADVANTAGE OIL & GAS LTD.

The following chart shows the equity curve of the two momentum strategies applied to ADVANTAGE OIL & GAS LTD.:

ADVANTAGE OIL & GAS LTD. momentum equity

Note: the dividends potentially given by ADVANTAGE OIL & GAS LTD. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ADVANTAGE OIL & GAS LTD.

The following chart shows the employed capital evolution of the two momentum strategies on ADVANTAGE OIL & GAS LTD. since the beginning:

ADVANTAGE OIL & GAS LTD.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ADVANTAGE OIL & GAS LTD.

Buy the dip entry openings on ADVANTAGE OIL & GAS LTD.

ADVANTAGE OIL & GAS LTD.

The performance achieved by the robo-advisor on ADVANTAGE OIL & GAS LTD. is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows ADVANTAGE OIL & GAS LTD. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ADVANTAGE OIL & GAS LTD., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

0.0 %

Equity curve of the strategy applied to ADVANTAGE OIL & GAS LTD.

The following chart shows the result of the investment strategy applied to ADVANTAGE OIL & GAS LTD.:

ADVANTAGE OIL & GAS LTD.

Note: the dividends potentially given by ADVANTAGE OIL & GAS LTD. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ADVANTAGE OIL & GAS LTD.

The following chart shows the employed capital evolution since the beginning of the investment strategy on ADVANTAGE OIL & GAS LTD.:

ADVANTAGE OIL & GAS LTD.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ADVANTAGE OIL & GAS LTD.

In this section, I will compare the three previous investment strategies applied to ADVANTAGE OIL & GAS LTD..

Equity curve comparison on ADVANTAGE OIL & GAS LTD.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ADVANTAGE OIL & GAS LTD. investment strategy comparison

Employed capital comparison on ADVANTAGE OIL & GAS LTD.

ADVANTAGE OIL & GAS LTD. investment comparison

Performance comparison on ADVANTAGE OIL & GAS LTD.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 246.78% 3696.78C$ 1498.02C$ 59.61%
Momentum 1 quarter 331.74% 14945.4C$ 4505.13C$ 85.06%
Momentum 2 quarters 349.29% 12232.24C$ 3502.01C$ 95.43%
Non-directional 0% 0.0C$ 0.0C$ 0.0%
Annualized return comparison

Automatic investment

59.61 %

Momentum 1Q

95.43 %

Momentum 2Q

95.43 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ADVANTAGE OIL & GAS LTD.:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • NOVACYT

  • Note: The algorithm computes the probability of correlation between ADVANTAGE OIL & GAS LTD. and the other stocks. There may be false positives or some missing correlated stocks. If the price of ADVANTAGE OIL & GAS LTD. does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name ADVANTAGE OIL & GAS LTD.
    Country Canada
    City Calgary
    Address Millennium Tower
    Phone
    Website www.advantageog.com
    FullTime employees 42
    Industry Oil & Gas E&P
    Sector Energy
    Exchange XTSE
    Ticker AAV.XTSE
    Market

    ADVANTAGE OIL & GAS LTD. ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown