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 Aug 04, 2020 11:29pm

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Post# 31364960

RE:RE:RE:RE:Nuvista Q2 - total disaster

Crushed on EPS (-$0.36) but beat all consensus on CFPS @ $0.07 ... which of the two is a better indicator.

CFPS Estimates:
RBC - $0.04
BMO - $0.04
Scotia - $0.056
RBC - $0.04
CIBC - $0.07

Likley NVA will take a dip in the short term, but at current strip for commodities $55-60MM pay down still pushes this into the hold and wait play. Commodity pricing will show recovery with the worst of the demand destruction behind.

a reminder on CFPS vs EPS:

Since the cash flow per share takes into consideration a company's ability to generate cash, it is regarded by some as a more accurate measure of a company's financial situation than earnings per share. Cash flow per share represents the net cash a firm produces on a per-share basis

Total Q2 Adjusted Funds Flow = $15.1MM

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