Advantage Energy Ltd.

Toronto Stock Exchange AAV.TO

Advantage Energy Ltd. Gross Profit Margin for the year ending December 31, 2023: 64.97%

Advantage Energy Ltd. Gross Profit Margin is 64.97% for the year ending December 31, 2023, a -12.91% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Advantage Energy Ltd. Gross Profit Margin for the year ending December 31, 2022 was 74.60%, a 2.61% change year over year.
Advantage Energy Ltd. Gross Profit Margin for the year ending December 31, 2021 was 72.70%, a 44.03% change year over year.
Advantage Energy Ltd. Gross Profit Margin for the year ending December 31, 2020 was 50.48%, a 1.32% change year over year.
Advantage Energy Ltd. Gross Profit Margin for the year ending December 31, 2019 was 49.82%, a 11.27% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Toronto Stock Exchange: AAV.TO

Advantage Energy Ltd.

CEO	Mr. Michael E. Belenkie B.Sc., P. Eng.
IPO Date	Oct. 29, 2009
Location	Canada
Headquarters	Millennium Tower
Employees	86
Sector	Energy
Industries Oil & Gas

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.

Key trends

Past 5 years