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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 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

Bullboard Posts
Comment by Swingzup1on May 05, 2020 6:21pm
151 Views
Post# 30990246

RE:Earning out

RE:Earning outIm thinking we look good, Net revenue has almost trippled compared to last years Q1 and the major sell off that occured a month or so ago has already compensated for low oil price and a bleak near future. Looking past that, as a company nuvista looks pretty strong. A lot of financial backing along with a business model that has near trippled net revenue when the world was operating "normal". Anyone else have an opinion or see anything that stands out to them?..........FYI i enjoyed reading that board members, staff members and ceo took a salary cut......Pls give insight people i wanna know the worlds perspective....GLTA
Bullboard Posts