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TSE:AAV

Advantage Oil & Gas Ltd (AAV.TO)

11.13
+0.18 (1.64%)
as of Aug 26, 2026, 8:00:01 pm Market Open.
83 watching
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Investor Insights
star iconAug 26, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Advantage Oil & Gas Ltd (AAV-T) primarily focuses on natural gas, with about 85% of its production coming from this resource. Despite its potential, the stock is viewed as a massive underperformer in the market, especially compared to its peers, and is not seen as a compelling valuation currently. The company is under strategic review, indicating they might be exploring a sale, but this process is taking longer than anticipated. The newly appointed interim CEO raises questions about the company’s direction, and while some experts believe it could offer upside if natural gas prices rise, it is also noted that it lacks a dividend and is less safe compared to others in the sector like TOU. Overall, interest in the stock hinges heavily on the future trajectory of natural gas prices.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Overvalued
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Similar
TOU,TOU
DON'T BUY
Owns, but has lightened up significantly. Has a very high payout ratio which raises questions of sustainability. Have stuck to their external management format which runs counter to the theme of internalizing managers.
BUY
The most highly leveraged, both operationally and financially to natural gas. Have good yields.
BUY
Q: Advantage or Bona Vista trust, or wait until after the S&P/TSX Comp. includes trusts? A: Now that trusts are so popular, we might see investors chasing yield to the point that they become horribly over priced. Advantage is highly leveraged re:operating ratios and debt to equity, but great gas exposure. Would pick Bonavista 1st.
TOP PICK
Yield is currently around 15%. Have been growing through acquisitions. 65/70% natural gas. The current payout ratio doesn't reflect the current price of gas
PAST TOP PICK
(A Past Top pick Sept 23/04. Up 2%.) Very high yield.
BUY
First choices would be Peyto and Focus. This one has the most exposure to natural gas.
DON'T BUY
Has a 3 sector underperform on it. Expected return is just under 4% on a one year basis. Too expensive.
WEAK BUY
Heavily oriented to natural gas. If you have concerns on oil/gas commodities dropping, this would be a problem. If they were selling off some holdings, this and Acclaim Energy would be the first to go.
BUY
Have been very successful in exploring and replacing their reserves. Have an exciting drilling program coming on in the next 12 months. Some debt. Gas prone.
HOLD
Likes the natural gas space. Prefers trusts that have lower payouts, such as Peyto and Focus.
TOP PICK
95% exposure to natural gas. Has been doing extremely well.
BUY
Just made some aquisitions but haven't had a chance to review it. Stock has performed very well and is a long term hold. Good management.
HOLD
Production will go up, but the payout is a percent of the monies earned is declining.
BUY
Pretty solid operating Company. 14 1/4% distribution. There are some trusts that they like better but not a bad trust.
DON'T BUY
Good fundamentals. 80% gas. Getting expensive compared to some of the other royalty trust. If you own, take some profit.
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