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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

Comment by LittleYerryon Mar 07, 2021 12:25pm
107 Views
Post# 32738788

RE:RE:$3 dollar price targets

RE:RE:$3 dollar price targets
I would wait even much longer than that. This is only the start of an energy bull cycle I believe. I supply crunch is probably coming in the up in a few years, LNG Canada and Transmountain will be opening up in a few years. At $80 WTI this is a $5-7 stock. At $100 WTI this is a $10-12 stock but it will take time. It won't be a perfect 45 degree line up and I don't have the energy to try to buy and sell all the dips. I'm not sure if most of the people on here are day/week traders but I'm just holding for probably 2-4 more years. GL
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