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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
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Comment by Swingzup1on May 05, 2020 7:45pm
121 Views
Post# 30990539

RE:RE:RE:Earning out

RE:RE:RE:Earning outNet revenue q1 2019=$70,715                     Net revenue q1 2020=$187,609
70,715 x 3 equals $212.145
Subtract that from 2020s q1 net revenue u get a difference of $24,455

Math tells me thats almost triple.......impairment write downs dont bother me because thats the standard of these financial accross the indsutry..........GLTA 
Hope we all on the right side of this baby come tomorrow morning.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities