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OTCMKTS:AAVVF

Advantage Energy Q3 2024 Earnings Results & Report

Advantage Energy logo
$7.36 -0.05 (-0.71%)
As of 10/9/2026 03:59 PM Eastern

Advantage Energy missed analyst expectations on both earnings and revenue in its Q3 2024 results, released October 24, 2024. The company reported EPS of -$0.03 versus the $0.02 consensus estimate, while revenue of $106.19 million fell short of the $119.27 million estimate by $13.08 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date

Advantage Energy EPS Results

Actual EPS
-$0.03
Consensus EPS
$0.02
Beat/Miss
Missed by -$0.05
One Year Ago EPS
N/A
EPS Beat Rate
4 of last 8 quarters

Advantage Energy Revenue Results

Actual Revenue
$106.19 million
Expected Revenue
$119.27 million
Beat/Miss
Missed by -$13.08 million
YoY Revenue Growth
N/A

Upcoming Earnings

Advantage Energy's next earnings date is estimated for Thursday, October 29, 2026, based on past reporting schedules.

Conference Call Resources

Advantage Energy Q3 2024 Earnings FAQ

Advantage Energy (OTCMKTS:AAVVF) reported earnings of -$0.03 per share for Q3 2024, missing the consensus estimate of $0.02. The report was announced on Thursday, October 24, 2024.

Advantage Energy reported revenue of $106.19 million for Q3 2024, against a consensus estimate of $119.27 million.

Advantage Energy's next earnings date is estimated for Thursday, October 29, 2026. MarketBeat tracks confirmed and estimated earnings dates for Advantage Energy on the company's earnings history page.

Advantage Energy Earnings Headlines

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About Advantage Energy

Advantage Energy (OTCMKTS:AAVVF) is a Canadian energy company engaged in the exploration, development and production of natural gas, condensate and natural gas liquids. The company focuses on liquids-rich natural gas resources and operates primarily in Alberta, Canada, with its activities supported by associated gathering, processing and transportation infrastructure.

Advantage’s principal operations are centered on its Glacier asset in west-central Alberta, where it develops and produces Montney-related natural gas and condensate resources. The company markets its production to customers in Western Canada and other connected North American markets through regional pipeline and processing systems.

Established as Advantage Oil & Gas Ltd., the company adopted the Advantage Energy name in 2021 to reflect its broader energy strategy. It has also pursued lower-emissions initiatives, including carbon capture and storage opportunities through its involvement with Entropy Inc. Advantage Energy is headquartered in Calgary, Alberta, and is led by President and Chief Executive Officer Michael Belenkie.

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