Advantage Energy Ltd
TSX:AAV
Gross Margin
Advantage Energy Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Advantage Energy Ltd
TSX:AAV
|
1.8B CAD |
76%
|
|
| US |
|
Conocophillips
NYSE:COP
|
119.8B USD |
48%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
708.5B CNY |
49%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
65.3B USD |
61%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
85.8B CAD |
50%
|
|
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD |
78%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
40.4B USD |
71%
|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
50.8B AUD |
43%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
30.8B USD |
73%
|
|
| US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
92%
|
Advantage Energy Ltd
Glance View
Advantage Energy Ltd. stands as a testament to dynamic innovation in the energy sector, evolving from a traditional natural gas producer into a multifaceted energy entity. Rooted in the rich resource plains of Alberta, Canada, Advantage has harnessed the abundant Montney formation, one of the most prolific natural gas reservoirs in North America. This strategic location has afforded it a robust portfolio, enabling the company to focus on the exploration, production, and sale of natural gas and natural gas liquids. The Montney play is known for its high-yield potential, which Advantage captures through advanced drilling techniques and cost-effective production strategies, reinforcing its competitive edge in the industry. The company operates in a space fraught with volatility, where commodity prices can be as unpredictable as the weather. Advantage Energy navigates these challenging seas with a disciplined financial approach, emphasizing long-term sustainability over short-term gains. Its business model focuses on maintaining operational efficiency, optimizing its production processes, and leveraging hedging strategies to mitigate price risks. By continuously investing in technology and infrastructure, Advantage positions itself to capitalize on energy market trends, ensuring stable returns. The emphasis on environmental sustainability and community engagement further bolsters Advantage's reputation, making it not just a viable player, but a respected leader in the evolving energy landscape.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Advantage Energy Ltd's most recent financial statements, the company has Gross Margin of 76.1%.
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