Advantage Energy Ltd
TSX:AAV
AAV's latest stock split occurred on May 29, 2001
The company executed a 1-for-4 stock split, meaning that for every 4 shares held, investors received 1 new share.
The adjusted shares began trading on May 29, 2001. This was the only stock split in AAV's history.
SBC
6640
Advantage Energy Ltd
Glance View
Advantage Energy Ltd. stands as a testament to dynamic innovation in the energy sector, evolving from a traditional natural gas producer into a multifaceted energy entity. Rooted in the rich resource plains of Alberta, Canada, Advantage has harnessed the abundant Montney formation, one of the most prolific natural gas reservoirs in North America. This strategic location has afforded it a robust portfolio, enabling the company to focus on the exploration, production, and sale of natural gas and natural gas liquids. The Montney play is known for its high-yield potential, which Advantage captures through advanced drilling techniques and cost-effective production strategies, reinforcing its competitive edge in the industry. The company operates in a space fraught with volatility, where commodity prices can be as unpredictable as the weather. Advantage Energy navigates these challenging seas with a disciplined financial approach, emphasizing long-term sustainability over short-term gains. Its business model focuses on maintaining operational efficiency, optimizing its production processes, and leveraging hedging strategies to mitigate price risks. By continuously investing in technology and infrastructure, Advantage positions itself to capitalize on energy market trends, ensuring stable returns. The emphasis on environmental sustainability and community engagement further bolsters Advantage's reputation, making it not just a viable player, but a respected leader in the evolving energy landscape.
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