Advantage Energy Ltd. (AAV) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning ladies and gentlemen and welcome to Advantage Energy Ltd. Q1 twenty twenty six Results Conference Call. At this time all participants are in a listen only mode. Following the presentation, we will conduct a question and answer session. Also note that this call is being recorded on Friday, 05/01/2026. And I would like to turn the conference over to Brian Magnum, Vice President. Please go ahead, sir. Thank you, Sylvia, and welcome everybody to today's conference call to discuss Advantage's first quarter twenty twenty six results. Before we begin, I'd like to remind listeners that our remarks today will include forward looking information and references to specified financial measures. Advisories on these items are contained in our news release, MD and A and and annual information form, which are available on our website and on SEDAR. I'll also note that we posted an updated corporate presentation on our website. I'm here today with Mike Belenke, President and CEO of Advantage Craig Blackwood, our CFO and the other members of our executive team. We'll start today by speaking to some of our financial and operational highlights. Once Mike is finished speaking, we'll pass it back to the operator for questions. And as usual, I'd like to ask that if you have any detailed modeling questions that you follow-up with us individually after the call. And with that, I'll turn the call over to Mike Zelenky. Thank you, Brian. And thanks everyone for joining us today. It's my pleasure to discuss our results from the first quarter of twenty twenty six and the year is off to a great start. Advantage generated adjusted funds flow of $121,000,000 or $0.73 per share. It was a highly active quarter with capital spending of $136,000,000 which is almost 50% of our full year capit...