Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

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.

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Nuvista Energy Ltd > Indicator

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Comment by Sugareeon Jun 13, 2022 9:56am

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Post# 34751554

RE:Indicator

Whoops, there it is BARGAIN BASEMENT DAY on the stock exchange for O&G names.

Loading up a whole lotta NVA after lessening the load a buck plus higher. More shares in the coffers!

Sugaree wrote: Dying to hear from you. I have been selling some into this rally and starting to feel sellers remorse, lol.

I just can't chase and buy back high. This rally looks to be long in the tooth and needs a healthy pullback.

What scares me most is the very low volume driving Nuvista up. RSI at a level where we usually reverse.

Thoughts?