Nuvista Energy Ltd T.NVA

Hi folks

[Marner16]

I'm a retired ex-financial analyst who likes to poke my nose around undervalued companies.   I rarely get involved with juniors, but I was introduced to NVA by someone who told me that NVA might be worth looking into.

The financials are easy to figure out, but there is more to a company than financials.

I would be grateful for any meaningful input about who is who and what has been going on.  In other words, what is good and what is bad about the company that doesn't show up in the financials.  Please don't waste my time with agendas or vendetta's or any of the other cr*p that shows up on SH. 

TIA

[Robertboblaw]

What youve see is what you get. $1b in liabilities against 50,000 BOEs of mostly dry gassy production. Management has little investment in their own shares by insiders. It is a bit undervalued but not by the jet fuel %s most of Alberta's producers are. Its a $2 company in year * maybe $3 If oil goes to $60 next year (which honestly who's willing to bet on?). Others here will know the

[fleeee]

Where do you get $1B in debt?? I get total debt at the end of 2020 expected to be approximately $590m from the November 2020 pdf presentation. $370m in the credit facility plus the $220m senior debt. Far cry from $1B.

[Robertboblaw]

I said liabilities; not debt. Liabilities include aro and other liabilities. I got ~$800 mm in debt as of September 30th. If it's changed since then, then thank you for correcting me. I'll check into it and update my post of its wrong, but I went based off their September 30 statements total liabilities.

[fleeee]

Ok Gotcha. Debt could well have been $800m end of September, I am not sure but if it was, then $590m end of December would be a darn good reduction for 1 quarter. I get the $590m from page 12 in November corporate presentation. 

[Oldnagger]

Welcome aboard , your talents couldn't come at a better time , The pot is ready to boil. but this pot feeds off cold not warmth. Do not waste your time too much .the ignore button is for that . But on the other hand give people a little time there are some real diamonds in the rough. Best of luck moving forward.

[fleeee]

At a mere $45 WTI, NVA can grow 10% within cash flow and not increase debt. WTI higher than $45 they use that cash flow to pay down debt. Sounds like a fairly decent scenario to me! NVA survive and thrive, and will NEVER get bought out anywhere near current share price, period! "Assuming a flat WTI oil price of US$45/Bbl (1) for 2021 this plan is expected to be achieved within

[Kavoli123]

Big Debt monster, lots of shares diluted little insider ownership Very highly paid executives with little to show for  disgruntled fund managersn and investors 1st GMT CAPITA NOW Eric Nuttal, retail investors.....; who is next .......... ? ONE board members sitting on the Board of director have already bankrupt another company (BONAVISTA.... ) Like Erick Nuttall said today " this

[Maxmoe]

Dude you are as big a compulsive liar as trump. Or poster VV! Nva is still his #2 holding. Go to his website and confirm it. His debt and monkey comments were not about nva, they were about aav, arx, and bte which he was embarrassed to admit he sold . Probably for half the current price. He owns so much tve and Nva that he is prohibited by securities regulators from buying any more. He can top up

[Oldnagger]

Maxmoe you should spend some time getting to know Marner16 . His  background is similar to yours  and he has been the author of some excellent posts on CNRL and ENB etc. I really think posters here should appreciate the value of a retired financial analyst. Freed from the corporate chains they become invaluable to us.