5. Advantage Oil & Gas engages in the exploration and production of oil and natural gas at its Glacier property in Alberta, Canada. The company reported 2011 second-quarter production of 23,719 barrel oil equivalent per day (boe/d), increasing 22%, due to better-than-expected well performance at its Glacier property. Besides, operating expenses for the second quarter decreased 17% to $6.74/boe, vs. the previous quarter. The company announced a capital budget of $216 million on July 4, 2011, to be spent over the next 12 months ending June 30, 2011, focused on the phase-4 development program at Glacier for about $200 million. Management estimates production at around 22,900 boe/d to 23,400 boe/d for the second half of 2012. The stock has 54% upside over the next year with 67% analysts recommend it as a buy, as per a Bloomberg consensus.