Advantage Energy Ltd.

Toronto Stock Exchange AAV.TO

Advantage Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 4.42%

Advantage Energy Ltd. Return on Assets (ROA) is 4.42% for the year ending December 31, 2023, a -71.07% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Advantage Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was 15.28%, a -25.94% change year over year.
Advantage Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 20.63%, a 211.38% change year over year.
Advantage Energy Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was -18.52%.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

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