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Bullboard - Stock Discussion Forum 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... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > The Facts
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Comment by Sugaree on Sep 28, 2022 8:02pm
Would you know if the second link includes SPR? My bet is it doesn't, and the trendline down would be way more severe had they not been releasing 1m barrels a day. It is all coimg to a crashing head this winter.
Comment by Oldnagger on Sep 28, 2022 11:13pm
Yes,the second link includes the SPR . Moreover, if necessary , Biden could prevent the export of Crude by presidential decree . ( That was put into place by his mentor OBama ) Weekly U.S. Exports of Crude Oil (Thousand Barrels per Day) (eia.gov) So the Americans will not run out. though the rest of the world may get a lot tighter. The major issue today is the concentration of global production ...more  
Comment by Oldnagger on Oct 01, 2022 5:27am
Here is a graph as above , but excuding the SPR . It is easy to see why investors are getting a wrong signal https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WTESTUS1&f=W
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