AAV - Stock Analysis for ADVANTAGE ENERGY INCOME UNITS

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US:AAV (NYSE)
Calculate financial ratios, growth rates, sticker price and margin of safety (MOS) for Advantage Energy Income Units, get Technical Indicators Charts such as moving averages, slow and fast stochastics, MACD for AAV - Advantage Energy Income Units.

Business Summary


Advantage Energy Income Fund (Advantage) is an open-ended oil and gas royalty trust based in Calgary, Alberta. The Company�s principal business is to indirectly acquire and hold interests in petroleum and natural gas properties and related assets. Advantage�s business is carried on by its wholly owned subsidiary, Advantage Oil & Gas Ltd. (AOG). The majority of Advantage's production and reserves are concentrated within three operating/producing areas located in Alberta, northeast British Columbia and southeast Saskatchewan. The Fund�s total daily production averaged 29,962 barrels of oil equivalent per day (boe/d) for the year ended December 31, 2007. On September 5, 2007, Advantage completed the acquisition of Sound Energy Trust. The acquisition added plus probable reserves of 31.4 million barrels of oil equivalent (boe).

Growth Rates

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Debt/Free Cash Flow Ratio

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Debt/FCF ratio is 9.0727 - BAD

Zero Debt/Free Cash Flow ratio means company does not have long term debt as of latest financial statement.

Negative Debt/Free Cash Flow ratio means company has a negative Free Cash Flow and probably will not be able to pay off its long term debt. There is certainly a problem.

Debt/Free Cash Flow ratio less than 3 means company potentially can pay off its long term debt in less than 3 years, which is OK.

Debt/Free Cash Flow ratio more than 3 means company will not be able to pay off its long term debt in 3 years, which can be a problem. This is not a good sign.

Sticker and MOS Price

Read more about used computation algorithms in the Theory Section

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Technical Indicators (The Three Tools)

Read more about Technical Indicators in the Theory Section

The Three Tools are: Moving Average, Stochastics and MACD.

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