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 LNGStrongon Jul 08, 2020 2:17pm

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Post# 31240702

RE:RE:RE:RE:RE:RE:RE:RE:NG is up NVA is down

just to add to most of our consensus on free cash flow:

https://twitter.com/ericnuttall/status/1280915281251049473/photo/1

chart is for 2021 and based on $50 WTI and $10 differential, but NVA is showing 17% FCF. Based on 2018/2019/2020 Net Revenue's to avg $500-539MM this equals $85-92MM.

good proof of what i calculated based on $40WTI and $7.50 differential which is 11.8% FCF in 2020. Q2 results might be a bit choppier due to lower than $40WTI average during the price war but i think we could see somewhere along the $50-$65MM excess i mentioned earlier depending on how Q3/Q4 shapes up.

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