Advantage Oil & Gas Ltd (NYSE:AAV) (TSE:AAV) – Equities researchers at Cormark issued their Q2 2017 earnings estimates for Advantage Oil & Gas in a research report issued to clients and investors on Monday. Cormark analyst G. Ursu forecasts that the oil and gas company will post earnings of $0.04 per share for the quarter. Cormark also issued estimates for Advantage Oil & Gas’ Q3 2017 earnings at $0.06 EPS, Q4 2017 earnings at $0.08 EPS, FY2017 earnings at $0.35 EPS, Q1 2018 earnings at $0.07 EPS, Q2 2018 earnings at $0.07 EPS, Q3 2018 earnings at $0.07 EPS, Q4 2018 earnings at $0.07 EPS and FY2018 earnings at $0.28 EPS.
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Advantage Oil & Gas (NYSE:AAV) opened at 6.10 on Wednesday. The firm has a 50-day moving average price of $6.41 and a 200 day moving average price of $6.54. The firm’s market capitalization is $1.13 billion. Advantage Oil & Gas has a one year low of $5.24 and a one year high of $7.88.
Large investors have recently modified their holdings of the company. Heathbridge Capital Management Ltd. increased its stake in shares of Advantage Oil & Gas by 0.3% in the third quarter. Heathbridge Capital Management Ltd. now owns 1,046,600 shares of the oil and gas company’s stock worth $7,341,000 after buying an additional 3,000 shares during the period. K.J. Harrison & Partners Inc acquired a new stake in shares of Advantage Oil & Gas during the first quarter worth about $133,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Advantage Oil & Gas during the fourth quarter worth about $150,000. Susquehanna International Group LLP acquired a new stake in shares of Advantage Oil & Gas during the third quarter worth about $205,000. Finally, Two Sigma Investments LP increased its stake in shares of Advantage Oil & Gas by 22.7% in the fourth quarter. Two Sigma Investments LP now owns 163,099 shares of the oil and gas company’s stock worth $1,106,000 after buying an additional 30,120 shares during the period. Institutional investors own 56.71% of the company’s stock.
About Advantage Oil & Gas
Advantage Oil & Gas Ltd. is an intermediate natural gas and liquids development and production company. The Company is engaged in the business of natural gas exploitation, development, acquisition and production in the Province of Alberta. The Company focuses on the development of Montney resource play at Glacier, Alberta in Western Canada.
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