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Advantage Oil & Gas

DB:9SA
Snowflake Description

High growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9SA
DB
CA$295M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas and liquids in the Province of Alberta, Canada. The last earnings update was 41 days ago. More info.


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  • Advantage Oil & Gas has significant price volatility in the past 3 months.
9SA Share Price and Events
7 Day Returns
11%
DB:9SA
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-31.8%
DB:9SA
34.4%
DE Oil and Gas
-14.2%
DE Market
9SA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Advantage Oil & Gas (9SA) 11% 12.2% -38% -31.8% -84.3% -81.6%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • 9SA underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • 9SA underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
9SA
Industry
5yr Volatility vs Market

Value

 Is Advantage Oil & Gas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Advantage Oil & Gas. This is due to cash flow or dividend data being unavailable. The share price is €1.01.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Advantage Oil & Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Advantage Oil & Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:9SA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.13
TSX:AAV Share Price ** TSX (2020-04-08) in CAD CA$1.68
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Advantage Oil & Gas.

DB:9SA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:AAV Share Price ÷ EPS (both in CAD)

= 1.68 ÷ -0.13

-12.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advantage Oil & Gas is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Advantage Oil & Gas is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Advantage Oil & Gas's expected growth come at a high price?
Raw Data
DB:9SA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Advantage Oil & Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Advantage Oil & Gas's assets?
Raw Data
DB:9SA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$7.04
TSX:AAV Share Price * TSX (2020-04-08) in CAD CA$1.68
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:9SA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:AAV Share Price ÷ Book Value per Share (both in CAD)

= 1.68 ÷ 7.04

0.24x

* Primary Listing of Advantage Oil & Gas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Advantage Oil & Gas is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Advantage Oil & Gas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Advantage Oil & Gas has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Advantage Oil & Gas expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
141.5%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Advantage Oil & Gas expected to grow at an attractive rate?
  • Advantage Oil & Gas's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Advantage Oil & Gas's earnings growth is expected to exceed the Germany market average.
  • Advantage Oil & Gas's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:9SA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:9SA Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 141.5%
DB:9SA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 23.5%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:9SA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:9SA Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31
2021-12-31 402 207 2
2020-12-31 304 129 3
2020-04-08
DB:9SA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 247 156 -25
2019-09-30 242 169 2
2019-06-30 251 169 20
2019-03-31 243 146 2
2018-12-31 225 149 11
2018-09-30 208 137 7
2018-06-30 197 166 29
2018-03-31 217 190 63
2017-12-31 226 186 95
2017-09-30 234 214 65
2017-06-30 233 205 60
2017-03-31 197 196 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Advantage Oil & Gas's earnings are expected to grow significantly at over 20% yearly.
  • Advantage Oil & Gas's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:9SA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Advantage Oil & Gas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9SA Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 0.15 0.15 0.15 1.00
2020-12-31 -0.02 -0.02 -0.02 1.00
2020-04-08
DB:9SA Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.13
2019-09-30 0.01
2019-06-30 0.11
2019-03-31 0.01
2018-12-31 0.06
2018-09-30 0.04
2018-06-30 0.16
2018-03-31 0.34
2017-12-31 0.51
2017-09-30 0.35
2017-06-30 0.32
2017-03-31 0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Advantage Oil & Gas is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Advantage Oil & Gas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Advantage Oil & Gas has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Advantage Oil & Gas performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Advantage Oil & Gas's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Advantage Oil & Gas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Advantage Oil & Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Advantage Oil & Gas's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Advantage Oil & Gas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Advantage Oil & Gas Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9SA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 247.47 -24.65 17.20
2019-09-30 241.98 2.35 15.67
2019-06-30 250.75 20.36 15.19
2019-03-31 242.91 1.70 15.10
2018-12-31 225.02 11.12 14.04
2018-09-30 208.15 7.38 13.04
2018-06-30 196.80 29.26 11.95
2018-03-31 216.92 62.89 11.47
2017-12-31 225.70 95.04 12.45
2017-09-30 234.09 64.77 12.58
2017-06-30 233.50 59.93 12.28
2017-03-31 196.86 11.82 11.81
2016-12-31 157.03 -15.73 10.75
2016-09-30 128.60 5.52 10.81
2016-06-30 120.72 4.29 10.20
2016-03-31 121.18 32.00 10.10
2015-12-31 126.47 21.38 10.57
2015-09-30 138.96 62.65 9.86
2015-06-30 151.33 69.89 9.70
2015-03-31 180.60 96.28 9.94
2014-12-31 205.58 74.60 9.63
2014-09-30 191.62 14.64 12.27
2014-06-30 168.80 -2.75 16.07
2014-03-31 149.50 -20.53 20.07
2013-12-31 132.56 -8.30 24.43
2013-09-30 168.05 -62.24 28.37
2013-06-30 198.01 -61.82 28.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Advantage Oil & Gas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Advantage Oil & Gas has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Advantage Oil & Gas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Advantage Oil & Gas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Advantage Oil & Gas has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Advantage Oil & Gas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Advantage Oil & Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Advantage Oil & Gas's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Advantage Oil & Gas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Advantage Oil & Gas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Advantage Oil & Gas Company Filings, last reported 3 months ago.

DB:9SA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,316.10 295.62 13.10
2019-09-30 1,315.51 275.59 3.38
2019-06-30 1,340.28 270.50 7.31
2019-03-31 1,334.58 290.61 10.63
2018-12-31 1,332.20 270.92 6.36
2018-09-30 1,304.84 259.18 3.72
2018-06-30 1,309.16 250.19 3.85
2018-03-31 1,323.09 237.32 8.69
2017-12-31 1,311.68 208.98 6.92
2017-09-30 1,288.21 156.35
2017-06-30 1,272.73 134.13
2017-03-31 1,252.90 147.78
2016-12-31 1,208.27 153.10
2016-09-30 1,215.55 178.97
2016-06-30 1,205.83 194.03
2016-03-31 1,233.90 202.54
2015-12-31 1,121.95 286.52
2015-09-30 1,107.70 285.71
2015-06-30 1,099.61 277.32
2015-03-31 1,099.09 261.24
2014-12-31 1,094.33 195.91
2014-09-30 1,039.81 156.11
2014-06-30 1,024.81 155.30
2014-03-31 999.41 167.97 6.90
2013-12-31 1,204.41 353.79
2013-09-30 1,211.25 336.97
2013-06-30 1,212.30 343.22
  • Advantage Oil & Gas's level of debt (22.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (18% vs 22.5% today).
  • Debt is well covered by operating cash flow (52.8%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Advantage Oil & Gas's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Advantage Oil & Gas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Advantage Oil & Gas has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Advantage Oil & Gas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Advantage Oil & Gas dividends. Estimated to be 0% next year.
If you bought €2,000 of Advantage Oil & Gas shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Advantage Oil & Gas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Advantage Oil & Gas's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:9SA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:9SA Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 0.00 2.00
2020-04-08
DB:9SA Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2011-03-24 0.000 0.000
2011-03-23 0.000 0.000
2011-03-22 0.000 0.000
2010-11-12 0.000 0.000
2010-11-11 0.000 0.000
2010-08-12 0.000 0.000
2010-05-13 0.000 0.000
2010-03-18 0.000 0.000
2010-03-17 0.000 0.000
2009-11-13 0.000 0.000
2009-11-12 0.000 0.000
2009-08-13 0.000 0.000
2009-05-14 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Advantage Oil & Gas has not reported any payouts.
  • Unable to verify if Advantage Oil & Gas's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Advantage Oil & Gas's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Advantage Oil & Gas has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Advantage Oil & Gas's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Advantage Oil & Gas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Advantage Oil & Gas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Advantage Oil & Gas has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Advantage Oil & Gas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Andy Mah
COMPENSATION CA$2,745,944
AGE 60
TENURE AS CEO 11.3 years
CEO Bio

Mr. Andy J. Mah has been the Chief Executive Officer at Advantage Oil & Gas Ltd. (AOG) since January 27, 2009 and served as its President until November 2019. Mr. Mah has experience in the oil and gas industry. He served as the Chief Operating Officer of Longview Oil Corporation from December 15, 2010 to November 07, 2013. He served as the President of Ketch Resources Ltd., Administrator of Ketch Resources Trust since September 2005 to June 2006. He served as Vice President of Production at TAQA North, Ltd. He served as the President and Chief Operating Officer at Advantage Oil & Gas Ltd. (AOG) of Advantage Energy Incomes Fund from June 23, 2006 to January 27, 2009. Mr. Mah served as Chief Operating Officer of Ketch Resources Ltd. from January 2005 to September 2005. He served as an Executive Officer and Vice President of Engineering and Operations for TAQA North Ltd. (alternate Name Northrock Resources Ltd.) from August 1998 to January 2005. He serves as a Director of Ketch Resources Ltd. Mr. Mah has been a Director at Advantage Oil & Gas Ltd, since June 23, 2006. He served as a Director of TriOil Resources Ltd., since March 4, 2010. He serves as President at Advantage Oil & Gas Ltd. (AOG) since April 21, 2011 until November, 2019. He holds a B.Sc. degree in Chemistry from University of Saskatchewan in 1980 and also a B.Sc. Degree in Chemical Engineering from University of Saskatchewan in 1982.

CEO Compensation
  • Andy's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Andy's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Advantage Oil & Gas management team in years:

6.7
Average Tenure
55
Average Age
  • The average tenure for the Advantage Oil & Gas management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Andy Mah

TITLE
CEO & Director
COMPENSATION
CA$3M
AGE
60
TENURE
11.3 yrs

Mike Belenkie

TITLE
President & COO
COMPENSATION
CA$991K
TENURE
0.4 yrs

Craig Blackwood

TITLE
Chief Financial Officer
COMPENSATION
CA$1M
AGE
50
TENURE
6.7 yrs

Dave Sterna

TITLE
Vice President of Marketing & Commercial
COMPENSATION
CA$889K
TENURE
2 yrs

Neil Bokenfohr

TITLE
Senior Vice President
COMPENSATION
CA$2M
TENURE
6.1 yrs

Anthony Coombs

TITLE
Controller
TENURE
15.6 yrs

Jay Reid

TITLE
Corporate Secretary
AGE
55
TENURE
19 yrs
Board of Directors Tenure

Average tenure and age of the Advantage Oil & Gas board of directors in years:

8.8
Average Tenure
63.5
Average Age
  • The tenure for the Advantage Oil & Gas board of directors is about average.
Board of Directors

Ron McIntosh

TITLE
Independent Chairman
COMPENSATION
CA$190K
AGE
77
TENURE
6.2 yrs

Andy Mah

TITLE
CEO & Director
COMPENSATION
CA$3M
AGE
60
TENURE
13.8 yrs

Paul Haggis

TITLE
Independent Director
COMPENSATION
CA$138K
AGE
67
TENURE
11.4 yrs

Jill Angevine

TITLE
Independent Director
COMPENSATION
CA$125K
AGE
51
TENURE
4.9 yrs

Grant Fagerheim

TITLE
Independent Director
COMPENSATION
CA$125K
AGE
60
TENURE
5.9 yrs

Steve Balog

TITLE
Independent Director
COMPENSATION
CA$125K
AGE
68
TENURE
12.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Dec 19 Sell Ronald McIntosh Individual 23. Dec 19 23. Dec 19 -5,500 €1.85 €-10,165
X
Management checks
We assess Advantage Oil & Gas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Advantage Oil & Gas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas and liquids in the Province of Alberta, Canada. The company focuses on the development and production of its Montney natural gas and liquids resource that includes 200 net sections of land in Glacier, Wembley, and Valhalla, Alberta. It provides natural gas and natural gas liquids primarily through marketing companies. The company was founded in 2001 and is headquartered in Calgary, Canada.

Details
Name: Advantage Oil & Gas Ltd.
9SA
Exchange: DB
Founded: 2001
CA$193,972,787
186,910,848
Website: http://www.advantageog.com
Address: Advantage Oil & Gas Ltd.
Millennium Tower,
Suite 2200,
Calgary,
Alberta, T2P 5E9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX AAV Common Shares The Toronto Stock Exchange CA CAD 01. May 1992
OTCPK AAVV.F Common Shares Pink Sheets LLC US USD 01. May 1992
DB 9SA Common Shares Deutsche Boerse AG DE EUR 01. May 1992
LSE 0UG9 Common Shares London Stock Exchange GB CAD 01. May 1992
Number of employees
Current staff
Staff numbers
38
Advantage Oil & Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 22:24
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.