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Bullboard - Stock Discussion Forum 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... see more

TSX:NVA - Post Discussion

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Post by Aurum1983 on Jun 23, 2022 8:52am

NCIB

how do you check how many shares they have bought back?
Comment by Oldnagger on Jun 23, 2022 1:39pm
[/quot Some companies , when they start an NCIB program, list a summary at the end of each week of the number of shares purchased and the number remaining (assuming cancellation).  I hope that management is listening. Shareholders right now very much need to know that management has their backs !!  
Comment by Indicator on Jun 23, 2022 4:11pm
IF they really wanted to have shareholders backs, they could have easily kept the share price neutral amidst the carnage today.  Wouldn't that have sent a strong message to the Quant/Algo traders. I believe Carjack has it ...  they will support the price when insiders have more skin in the game.  Hope I'm wrong and cynicism does not prevail !
Comment by Oldnagger on Jun 23, 2022 5:46pm
I do believe that management cares about us, otherwise why have they taken so many steps not only to improve our lot, but also to explain what they hope to achieve ? However there is an irrational fear in the marketplace . Every time I see fear, I think the cure is knowledge !  There are rules for NCIB s. Those rules (and guidelines ) are really meant to protect against market manipulation ...more  
Comment by Sugaree on Jun 23, 2022 8:38pm
Oldnagger, always the voice of reason! We simply need patience now. https://seekingalpha.com/article/4520009-energy-stocks-take-a-brutal-hit-where-to-next Over the next few months, things are going to be tough for energy investors. Oil prices are going to remain high thanks to a bullish physical market and low absolute oil inventories. Energy companies are going to make a lot of cash and ...more  
Comment by masfortuna on Jun 24, 2022 8:25am
Disagree. It's a sector wide selloff. The sp would have dropped regardless as more sellers would have appeared.
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