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Avance Gas Holding Ltd (AVANCE.OL)

AVANCE.OL on Oslo Stock Exchange

20.72NOK
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Latest Key Developments (Source: Significant Developments)

Avance Gas Holding Q3 net loss $17.8‍​ mln, in line with expectations
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - AVANCE GAS HOLDING LTD :Q3 EBITDA LOSS $1.3‍​ MILLION (REUTERS POLL LOSS $2.4 MILLION).Q3 TCE EARNINGS $ ‍9.7​ MILLION (REUTERS POLL $8.6 MILLION).Q3 NET LOSS $ 17.8‍​ MILLION (REUTERS POLL LOSS $17.7 MILLION).  Full Article

Avance Gas Q4 EBITDA at $1.2 million, above expectations
Tuesday, 14 Feb 2017 

Avance Gas Holding Ltd : Time Charter Equivalent (TCE) earnings in Q4 2016 were $12.1 million, compared with $12.9 million in Q3 2016 . Average TCE rate for fleet was $9,602/day in Q4 2016, down from $10,131/day in Q3 2016 . Net loss of $14.0 million in Q4 2016 versus adjusted net loss of $13.5 million in Q3 2016 . Q4 EBITDA $1.2 million versus $59.4 million year ago . Q4 net loss $14.0 million versus profit $45.1 million year ago .Reuters poll: Q4 EBITDA loss of $0.20 million, Q4 TCE earnings $11.7 million.  Full Article

Avance Gas Holding Q2 operating revenue down at $30.4 mln
Wednesday, 24 Aug 2016 

Avance Gas Holding Ltd : Reported a net loss of $14.5 million in Q2 2016 compared with a net profit of $21.1 million in Q1 2016 . Average time charter equivalent rate for fleet was $15,142/day in Q2 2016, down from $38,707/day in Q1 2016 . Q2 operating revenue $30.4 million versus $68.6 million year ago .Agreed not to declare a dividend for quarter.  Full Article