Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

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

Nuvista Energy Ltd

Bullboard Posts

Comment by Wrywisdomon May 30, 2019 4:09pm

111 Views

Post# 29786449

RE:RE:Fundamentals

Even at a relatively high 7% dividend on 1,000 shares (for the sake of example) of a $4.50 per share stock, the total annual payout would be $315 or $26.25 per month. This is equivalent to less than .03 per month valuation. I would prefer to own a stock with a 600% stronger or perhaps 1200% stronger PE valuation myself.

Bullboard Posts

These cold weather stocks are looking to heat up for winter