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AAVVF - Advantage Oil & Gas: An Opportunity For The Long Term
Advantage Oil & Gas Ltd
Advantage Oil & Gas (OTC:AAVVF) released its Q1 results in line with its long-term plan. The natural gas producer increased its portion of NGL production while management confirmed the goal of NGL production reaching 22% of the total production by the end of 2021.
Over the last few weeks, several producers highlighted challenges with NGL prices. But we'll see the impact on Advantage's NGL production is limited.
In this context, the low market valuation is an opportunity to invest in the company while waiting for gas and NGL prices to improve over the