Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, and natural gas and liquids in the Province of Alberta, Canada. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has Advantage Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AAV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: AAV's weekly volatility (11%) has been stable over the past year.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: AAV exceeded the Canadian Oil and Gas industry which returned 35.1% over the past year.
Return vs Market: AAV exceeded the Canadian Market which returned 39.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Advantage Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's Why Shareholders Should Examine Advantage Oil & Gas Ltd.'s (TSE:AAV) CEO Compensation Package More Closely
2 weeks ago | Simply Wall StEstimating The Fair Value Of Advantage Oil & Gas Ltd. (TSE:AAV)
1 month ago | Simply Wall StIf You Had Bought Advantage Oil & Gas (TSE:AAV) Stock A Year Ago, You Could Pocket A 68% Gain Today
Is Advantage Oil & Gas undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AAV (CA$3.46) is trading below our estimate of fair value (CA$6.33)
Significantly Below Fair Value: AAV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AAV is unprofitable, so we can't compare its PE Ratio to the Canadian Oil and Gas industry average.
PE vs Market: AAV is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AAV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AAV is good value based on its PB Ratio (0.6x) compared to the CA Oil and Gas industry average (1.5x).
How is Advantage Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if AAV's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if AAV's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AAV's revenue (13.3% per year) is forecast to grow faster than the Canadian market (6.3% per year).
High Growth Revenue: AAV's revenue (13.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AAV's Return on Equity is forecast to be high in 3 years time
How has Advantage Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAV is currently unprofitable.
Growing Profit Margin: AAV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AAV is unprofitable, and losses have increased over the past 5 years at a rate of 69.2% per year.
Accelerating Growth: Unable to compare AAV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AAV is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15%).
Return on Equity
High ROE: AAV has a negative Return on Equity (-1.72%), as it is currently unprofitable.
How is Advantage Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: AAV's short term assets (CA$73.6M) do not cover its short term liabilities (CA$89.8M).
Long Term Liabilities: AAV's short term assets (CA$73.6M) do not cover its long term liabilities (CA$438.6M).
Debt to Equity History and Analysis
Debt Level: AAV's debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: AAV's debt to equity ratio has increased from 16.4% to 23.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AAV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AAV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.5% per year.
What is Advantage Oil & Gas's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AAV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AAV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AAV is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAV's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Mah (61 yo)
Mr. Andy J. Mah has been the Chief Executive Officer at Advantage Oil & Gas Ltd. (AOG) since January 27, 2009 and served as its President since April 21, 2011 until November 11, 2019. Mr. Mah has experienc...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD1.88M) is above average for companies of similar size in the Canadian market ($USD793.46K).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Experienced Management: AAV's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: AAV's board of directors are considered experienced (9.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AAV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Advantage Oil & Gas Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Advantage Oil & Gas Ltd.
- Ticker: AAV
- Exchange: TSX
- Founded: 2001
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$656.232m
- Shares outstanding: 189.66m
- Website: https://www.advantageog.com
Number of Employees
- Advantage Oil & Gas Ltd.
- Millennium Tower
- Suite 2200
- T2P 5E9
Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, and natural gas and liquids in the Province of Alberta, Canada. The company focuses on the de...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 22:51|
|End of Day Share Price||2021/05/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.