AAV:CA:TSX-Advantage Oil & Gas Ltd (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 2.56

Change

-0.04 (-1.54)%

Market Cap

CAD 0.49B

Volume

1.22M

Average Target Price

CAD 3.30 (+29.05%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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 development and production of its Montney natural gas and liquids resource that includes 216 net sections of land in Glacier, Pipestone/Wembley, Progress, and Valhalla, Alberta. It provides natural gas and natural gas liquids primarily through marketing companies. The company was founded in 2001 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-04 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

-4.00 (-2.76%)

CAD64.34B 12.61 0.83
CNQ:CA Canadian Natural Resources Lim..

+0.71 (+1.89%)

CAD44.47B 695.33 10.22
OVV:CA Ovintiv Inc

+2.07 (+6.38%)

CAD8.10B 3.13 3.76
TOU:CA Tourmaline Oil Corp

-0.42 (-1.81%)

CAD6.31B 124.68 6.47
WCP:CA Whitecap Resources Inc

+0.25 (+4.09%)

CAD3.65B 30.85 5.99
PSK:CA PrairieSky Royalty Ltd

+0.21 (+1.58%)

CAD2.96B 96.16 20.33
VII:CA Seven Generations Energy Ltd

-0.19 (-2.25%)

CAD2.81B 1.96 14.01
PXT:CA Parex Resources Inc

+1.28 (+5.92%)

CAD2.81B 23.76 6.45
ARX:CA ARC Resources Ltd

-0.19 (-2.45%)

CAD2.74B 17.30 6.10
CPG:CA Crescent Point Energy Corp

+0.17 (+3.46%)

CAD2.60B N/A 4.12

ETFs Containing AAV:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 49.71% 39% F 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 49.71% 39% F 95% A
Trailing 12 Months  
Capital Gain 31.96% 53% F 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 31.96% 51% F 76% C
Trailing 5 Years  
Capital Gain -62.57% 37% F 7% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -62.57% 33% F 6% F
Average Annual (5 Year Horizon)  
Capital Gain -25.13% 46% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -25.13% 43% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 29.48% 63% D 27% F
Risk Adjusted Return -85.26% 33% F 4% F
Market Capitalization 0.49B 49% F 62% D-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 124.00 15% F 7% F
Price/Book Ratio 0.47 78% C+ 94% A
Price / Cash Flow Ratio 4.86 35% F 63% D
EV/EBITDA 8.02 42% F 67% D+
Management Effectiveness  
Return on Equity -24.11% 56% F 21% F
Return on Invested Capital 6.51% 75% C 68% D+
Return on Assets 0.35% 74% C 41% F
Debt to Equity Ratio 23.76% 78% C+ 69% D+
Technical Ratios  
Short Ratio 8.21 13% F 9% F
Short Percent 6.20% 40% F 86% B
Beta 1.83 79% C+ 16% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector