Nuvista Energy Ltd T.NVA

NVA vs BIR

[Allinontheturn1]

I see NVA and BIR are now even in share price 
so who do you think will come out on top in say 3-6 months from now?

[masfortuna]

nva

[Oldnagger]

NVA and BIR have chosen different paths to increasing shareholder value. Once debt is paid down BIR will be paying dividends and doing share buybacks. The dividends will reduce the share price and share value, but the buybacks will have the opposite effect as long as the share price remains below the share value. NVA has chosen a more direct route for now, growth by the drill bit ,until 90 kbpde

[Sugaree]

Great detailed answer. Mine more technical share price oriented, Oldnagger gets way more into the meat of things. A lot more knowledgable than me. Oldnagger, I like how you have reitterated your August call for $12-$15 based on updated 2021 reserves values which should come out in March 2022!!

[Sugaree]

Funny, i made a similar post earlier yesterday on how NVA has almost caught up to BIR. After oil & gas stocks were recovering from the 2019 downslaught NVA closed 2019 at $3.19 and BIR at $2.52. NVA was then 26% higher. NVA got way more punished from the Covid slaughter due to their high debt situation. NVA has been slowly catching back up, so I see no reason why it will not surpass BIR by at