Nuvista Energy Ltd T.NVA

Held back

[Carjack]

NVA and CR are being held back again hopefully will end soon. BIR setting a new 52 week high today. Long weekend this weekend in north america I would have to think oil demand is going higher as china opens up.

[alvarez2]

Being sold off on strength.......market jitters will be the norm for awhile I believe.

[alvarez2]

The energy companies have been holding up relatively well compared to the rest of the market although are continuing to struggle to put in new highs.......positive news or not . It's my guess that we're in the early innings of a bear market.......investors are still in the denial stage perhaps. That's usually how these start. Once the plunge begins, no matter how good you think the

[Oldnagger]

Most of the companies in this sector, no longer need market sentiment to make money for investors, as line of credit debt reachs low levels, increasing cash flow will be diverted to both share buybacks and dividends. The lack of supply for crude and natural gas are very strong. Countries must increasingly rely on coal to make up deficiencies and even coal supply is very tight. Now the Saudi's

[Aurum1983]

I wouldn't get distracted by this recession talk. Record low debt and record high savings. Wage increase and high employment rate. Covid ending along with last of the lockdown heading into summer. People complain about rate hike and prices going up but the fact is they can afford it. Might slow certain markets that have no pricing power but not O&G. With all the handouts big and small to

[Oldnagger]

I was heading out this morning with a low gas guage when I spotted a lower gasoline price on the other side of the boulevard. That reminded me of the days when people would cross over to save a penny a litre. Today ,it would probably cost them a penny a litre to cross over.  So I drove on till I found a Timmies. I'll have a large double double I said. That will be 230.9 she replied !!

[masfortuna]

? We ARE in a bear market. If you are liquid why do you keep posting more than anybody here? You do realize that retail can't really move the sp unless a large segment of the retail market sells together right?  Are you really that desperate that you need to instill fear hoping that somebody sells 1000 shares because of your "guesses"? Try posting a thesis based on facts or

[alvarez2]

Lol. What I say here will influence squat. Maybe I'm right, maybe I'm not. Who cares. Betting on companies to continue moving up in todays market is a huge gamble right now imo. It's all about risk and it's high. Some can afford that while others can't......there's no sure thing right now and hopefully anybody that's new to this understands that.

[LittleYerry]

All we need to do is watch our commodity prices and so far they are holding strong. All that really matters. 

[alvarez2]

The cure for high prices is high prices.... the reverse is true. We are in an asset bubble and the only thing the Fed cares about right now is bringing them down and attempting to curb inflation........bad timing considering a looming potential of a recession. China and Europe is already there and it's highly doubtful the US economy will decouple from that.

[alvarez2]

On another note..........if you believe so firmly in what ever company that you're invested in and time is no object, the best thing you can do is walk away from the computer ignore the noise and wait for things to play out in timelike these. Helps keep the emotions in check.

[alvarez2]

https://ca.finance.yahoo.com/news/oil-stocks-to-keep-gushing-dividends-payouts-in-2023-scotiabank-152539807.html A view from the other side.........something that supports your view.

[Oldnagger]

Hey guys, look  at pages 40 and 41 at the bottom of a recently revised Canadian Industry metrics published by Arc Financial  . For 2022 Capex is estimated at 42,2 Billion $ Cash flow is estimated at 146.8 billion. With debt mostly paid down, the industry is going to be spewing out cash  at Volcanic rates. Quit worrying and enjoy yourselves !!

[Oldnagger]

here is the link 220516-Energy-Charts.pdf (arcenergyinstitute.com)

[Oldnagger]

Same situation in the USA of course, record free cash lows, limited Capex. It will get even better going forward as many American companies locked in very costly hedges right up til the end of 2022 and in some case beyond https://oilprice.com/Energy/Energy-General/US-Shale-Drillers-Cautious-Despite-Record-Earnings.html

[Oldnagger]

A shift by investors out of very high P/E stocks, into much lower P/E stocks will create much greater cash flows and thus greater liquidity on the part of consumers !!