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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

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

Post by Indicatoron Dec 07, 2023 2:52pm
141 Views
Post# 35773641

Frankly . . . I'm tempted, BUT ....

Frankly . . . I'm tempted, BUT ....
After the HUGE moves off the 2020 bottom Oily names gave us over recent Covid period, it's hard to get excited about *vaguely possible* 20% moves.  i.e.  buying at $11 and selling at $13.25, is lame in comparison. 

IMHO, it's much nicer to park money in covered call funds giving 10%, while sleeping in and not having to babysit single stocks.
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