CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Advantage Energy Ltd. (AAVVF) on Wednesday reported second-quarter net income of $52.4 million, after reporting a loss in the same period a year earlier.
The Calgary, Alberta-based company said it had profit of 30 cents per share.
The oil and gas company posted revenue of $177.7 million in the period.
Advantage Energy shares have climbed 15% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.88, an increase of 21% in the last 12 months.
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