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Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Comment by PabloLafortuneon Oct 02, 2023 12:26pm
68 Views
Post# 35665158

RE:RE:RE:RE:RE:Nuttal leaves NVA in the dust....

RE:RE:RE:RE:RE:Nuttal leaves NVA in the dust....MHP, you are absolutely correct about buybacks. Its often the enemy of the long term investor because it weakens companies. One of the most egregious examples recently is Intel who spent hundreds of Billions on buybacks over the years and ended up falling behind on semiconductor manufacturing and now have to sell assets and joint venture to catch up.




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