Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Advantage Energy's share price for the quarter that ended in Dec. 2023 was $6.46. Advantage Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 162.2 Mil. Therefore, Advantage Energy's market cap for the quarter that ended in Dec. 2023 was $1,048.0 Mil.
Advantage Energy's quarterly market cap
increased
from Jun. 2023 ($1,104.9 Mil) to Sep. 2023 ($1,144.7 Mil) but then
declined
from Sep. 2023 ($1,144.7 Mil) to Dec. 2023 ($1,048.0 Mil).
Advantage Energy's annual market cap
increased
from Dec. 2021 ($1,122.1 Mil) to Dec. 2022 ($1,203.3 Mil) but then
declined
from Dec. 2022 ($1,203.3 Mil) to Dec. 2023 ($1,048.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Advantage Energy's Enterprise Value for Today is $1,435.5 Mil.
Advantage Energy Market Cap Historical Data
The historical data trend for Advantage Energy's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Advantage Energy's Market Cap
For the Oil & Gas E&P subindustry, Advantage Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advantage Energy's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Advantage Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Advantage Energy's Market Cap falls into.
Advantage Energy Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Advantage Energy's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advantage Energy (OTCPK:AAVVF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Advantage Energy Market Cap Related Terms
Thank you for viewing the detailed overview of Advantage Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Advantage Energy (Advantage Energy) Business Description
Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.
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