Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

Energy Oil & Gas E&P

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (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. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).

TSX:NVA - Post by User

Nuvista Energy Ltd

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Comment by dblancon Oct 02, 2019 9:41pm

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Post# 30190226

RE:RE:Just had to add "Quote"

According to our data, NuVista Energy Ltd. has a market capitalization of CA$530m, and paid its CEO total annual compensation worth CA$2.3m over the year to December 2018. We think total compensation is more important but we note that the CEO salary is lower, at CA$455k. We note that more than half of the total compensation is not the salary; and performance requirements may apply to this non-salary portion. As part of our analysis we looked at companies in the same jurisdiction, with market capitalizations of CA$265m to CA$1.1b. The median total CEO compensation was CA$1.4m.

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