Advantage Energy shifts focus to liquids-rich assets, boosting Q1 earnings to C$0.17/share amid rising oil prices.

Advantage Energy reported Q1 earnings of C$0.17 per share, improving from the previous year. The company is reallocating about C$25 million to liquids-rich acreage to benefit from higher oil prices, expecting liquids to generate over 50% of revenue for the rest of the fiscal year. A planned turnaround of the Glacier Plant is set for Q2. Their hedging and marketing strategies help reduce exposure to volatile AECO natural gas prices, positioning the company for improved profitability.