Canadian dollar another Tail WindNVA will essentially be a debt free company at the end of Q3.
With the Canadian dollar at .74 US, they is a tail wind for oil and gas. .
Oil touching 95 WTI makes it worth 128 Canadian.
These share prices are being held back by a lowering tide in the Economy, however these companies have never had a better balance sheet, less debt and more FCF.
OIL and gas is Capital intense in terms of drilling, but the price of oil looks like it Higher for Longer and the USA has no SPR to respond with. In fact they have an SPR that needs to be filled.
NVA is just way to cheap right now and continue to agressively grow.
This should be an 18 dollar stock, and the lowing tide is having an impact here.
Off to the races.
IMHO