CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Advantage Energy Ltd. (AAVVF) on Thursday reported first-quarter net income of $17.2 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 10 cents.
The oil and gas company posted revenue of $103.4 million in the period.
Advantage Energy shares have risen 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.72, a rise of 39% in the last 12 months.
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