Hammerhead 2.6 Billion < Nuvista 2.8 BillionWell Hammerhead almost sold for 2.6 billion dollars. Their lands are west of CPG so likely a little richer in terms of Liquids, but not super rich like POU Karr, and ARX Kakwa.
I would say with NVA producing 82,000 boe/day, this it just tells you the stock is worth a lot more and is trading at a huge discount.
NVA is a 100% montney company, with some of the best plays in the patch.
If this doesn't put a price target of $20 dollars on NVA, i am not sure what will.
NVA is simply to cheap, and hopefully this earning period will be the signal for a break out.
IMHO