Advantage Energy Ltd., together with its subsidiaries, acquires, exploits, develops, and produces crude oil, natural gas, and natural gas liquids in the Province of Alberta, Canada. The company focuses on the development and production of oil and natural gas resource that includes 228 net sections covering an area of 145,920 net acres of Doig/Montney rights in Glacier, Valhalla, Progress, and Pipestone/Wembley. It provides natural gas, oil, and natural gas liquids primarily through marketing companies. The company was formerly known as Advantage Oil & Gas Ltd. and changed its name to Advantage Energy Ltd. in May 2021. Advantage Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.
Revenue of Advantage Energy Ltd. (AAV.TO)
Revenue in 2023 (TTM): $368.3 M
According to Advantage Energy Ltd.'s latest financial reports the company's current revenue (TTM) is $368.3 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Advantage Energy Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $368.3 M | $130.61 M | $209.37 M | $98.26 M | $73.45 M |
| 2022 | $697.23 M | $520.14 M | $484.83 M | $320.21 M | $244.85 M |
| 2021 | $355.74 M | $258.63 M | $234.42 M | $384.95 M | $297.53 M |
| 2020 | $177.19 M | $89.44 M | $87.36 M | $-265,564,649 | $-205,361,367 |
| 2019 | $182.29 M | $90.81 M | $100.06 M | $-32,196,862 | $-17,824,567 |
| 2018 | $164.42 M | $73.62 M | $92.32 M | $12.26 M | $8.04 M |
| 2017 | $167.56 M | $77.67 M | $112.82 M | $95.67 M | $68.71 M |
| 2016 | $117.08 M | $29.5 M | $85.97 M | $-14,711,377 | $-11,375,507 |
| 2015 | $95.66 M | $28.26 M | $70.79 M | $21.06 M | $15.46 M |
| 2014 | $155.91 M | $86.84 M | $133.48 M | $75.91 M | $11.35 M |
| 2013 | $209.48 M | $104.63 M | $112.71 M | $3.47 M | $-2,445,148 |
| 2012 | $194.42 M | $74.18 M | $78.25 M | $-90,903,557 | $-64,436,381 |
| 2011 | $256.87 M | $154.11 M | $122 M | $-138,970,024 | $-110,452,452 |
| 2010 | $267.42 M | $167.28 M | $140.11 M | $-36,958,467 | $-31,961,891 |
| 2009 | $293.36 M | $171.87 M | $142.19 M | $-69,407,652 | $-62,485,034 |
| 2008 | $536.43 M | $311.99 M | $290.69 M | $-20,891,486 | $-14,876,942 |
| 2007 | $402.96 M | $239.62 M | $212.76 M | $-22,219,616 | $-5,447,721 |
| 2006 | $303.46 M | $188.24 M | $166.22 M | $10.31 M | $36.01 M |
| 2005 | $272.39 M | $176.79 M | $162.42 M | $47.81 M | $54.28 M |
| 2004 | $174.59 M | $146.53 M | $160.4 M | $14.52 M | $24.92 M |
| 2003 | $120.07 M | $101.55 M | $104.44 M | $19.72 M | $31.93 M |
| 2002 | $70.74 M | $57.37 M | $79.25 M | $-2,435,026 | $8.74 M |
| 2001 | $27.9 M | $22.19 M | $24.96 M | $1.87 M | $6.92 M |
| 1997 | $12.54 M | $-4,009,918 | $68.68 M | $-2,981,734 | $-79,684,270 |
| 1996 | $12.48 M | $-898,883 | $-17,378,398 | $17.68 M | $-278,953,244 |
| 1995 | $5.41 B | $229.61 M | $35.26 M | $-82,645,140 | $-62,648,759 |
| 1994 | $5.25 B | $361.05 M | $62.98 M | $44.32 M | $42.19 M |
| 1993 | $5.41 B | $344.86 M | $50.68 M | $28.29 M | $29.49 M |
| 1992 | $4.41 B | $287.12 M | $27.62 M | $-22,351,426 | $545.16 K |
| 1991 | $2.94 B | $212.93 M | $38.39 M | $16.35 M | $25.56 M |
| 1990 | $2.41 B | $174.32 M | $66.05 M | $-53,759,400 | $-74,410,366 |
| 1989 | $2.33 B | $204.14 M | $11.25 M | $-25,623,010 | $19.79 M |
| 1988 | $2.66 B | $256.88 M | $53.28 M | $-6,735,088 | $-23,054,724 |
| 1987 | $2.99 B | $276.45 M | $68.24 M | $-17,818,205 | $-22,005,483 |
| 1986 | $4.29 B | $312.12 M | $83.58 M | $-28,237,253 | $-30,126,032 |
| 1985 | $2.4 B | $111.39 M | $24.16 M | $-85,213,171 | $-15,364,652 |