Advantage Energy Ltd. today announced that Michael Belenkie has stepped down as President and Chief Executive Officer and as a director of the Corporation, effective today. The Board of Directors has appointed John Festival as Interim CEO, effective immediately. John Festival, Interim CEO and Chair of the Board, commented: "Advantage's business is performing well and continues to deliver strong results. With the Progress [...]
Kimmeridge, an alternative asset manager focused on the energy sector and the beneficial owner of approximately 7% of the outstanding common shares of Advantage Energy Ltd. , today issued the following statement regarding Advantage's announced return of capital framework. Mark Viviano, Managing Partner at Kimmeridge, said: "Advantage's latest disclosure is a meaningful step toward a more disciplined, shareholder-focused [...]
/Not for distribution to US Newswire Services or for dissemination in the United States/ Advantage Energy Ltd. announced today that the Corporation is proceeding with, and the Toronto Stock Exchange has approved, the Corporation renewing its normal course issuer bid . Pursuant to the Bid, Advantage will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 14,492,909 common shares of [...]
May 7, 2026 Advantage Energy Ltd. is pleased to announce that on May 7, 2026 it held its annual general meeting of shareholders . A total of 126,540,454 common shares were represented at the Meeting in person or by proxy. At the Meeting, shareholders approved the election of ten nominees as directors of Advantage to serve until the next annual meeting of shareholders or until their successors are elected or appointed [...]
Advantage Energy Ltd. is pleased to report first quarter 2026 financial and operating results. The financial and operating highlights presented below are for Advantage Energy Ltd. only and exclude its subsidiary Entropy Inc. 2026 First Quarter Financial Highlights Cash provided by operating activities of $118.3 million. Adjusted funds flow of $121.2 million or $0.73/share, demonstrating resilience during a period of gas [...]
Investors are encouraged to register for EnerCom Denver - The Energy Investment Conference featuring a broad group of public and private energy companies Sponsorship opportunities are available for companies seeking to increase their market presence EnerCom, Inc. today announced that registration is now open for its 31st annual EnerCom Denver - The Energy Investment Conference to be held August 17-19, 2026, at the Westin [...]
EnerCom Denver - The Energy Investment Conference marks 31 years of connecting companies, investors, analysts, and leaders in the energy industry! Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness EnerCom, Inc. is pleased to announce that a robust list of companies [...]
Advantage Energy Ltd. is pleased to report 2025 year-end financial and operating results. Advantage achieved exceptional results during the year, with record production, strong reserves metrics, compelling recycle ratios and significantly enhanced adjusted funds flow per share. Our core Glacier/Valhalla assets continue to demonstrate resilience in a volatile commodities environment, with highly efficient development [...]
Advantage Energy Ltd. is pleased to provide a corporate update and announce its 2025 reserves. Operations and Commercial Update Net capital expenditures were $287.7 million for Advantage during the year ended December 31, 2025. Production for the fourth quarter of 2025 averaged 79,823 boe/d , despite minor impacts from price-driven shut-ins in early October. Production in January 2026 averaged 80,000 boe/d , which is [...]
Advantage Energy Ltd. is pleased to announce its 2026 budget and an operations update. Advantage's 2026 capital program continues our focus on growing adjusted funds flow a per share via high rate-of-return development drilling. Our exceptionally efficient, Glacier-focused program is expected to deliver production growth of approximately 6% . Following the commissioning of the Progress Gas Plant and the Glacier Gas Plant [...]
Advantage Energy is pleased to report 2025 third quarter financial and operating results. 2025 Third Quarter Financial Highlights Cash provided by operating activities of $80.1 million. Adjusted funds flow of $72.4 million or $0.43 per basic share for Advantage. Cash used in investing activities of $102.3 million. Net capital expenditures were $71.6 million for Advantage. Net debt of $572.3 million for Advantage [...]
Advantage Energy is pleased to report 2025 second quarter financial and operating results. 2025 Second Quarter Financial Highlights Cash provided by operating activities of $80.1 million. Adjusted funds flow of $88.9 million or $0.53 per share for Advantage. Cash used in investing activities of $95.2 million. Net capital expenditures were $48.8 million for Advantage. Net debt of $569.9 million for Advantage, a reduction [...]