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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 Oldnaggeron Jun 08, 2021 2:14pm
97 Views
Post# 33348778

RE:RE:My simple view

RE:RE:My simple viewLet's get back to basics, then you can decide if you are dreaming or not.
Normally stocks should be trading at a P/ E ratio that is the same as their long term average growth rate. For NVA that would be somewhere between 30 and 40 times.earnings (or FCF) maybe because of inherent risk or share price volatility the P/E ratio shoulld be a bit lower. OTH due to current extremely low long term interest rates th P/E should be much higher.
Analysts , sad to say have betrayed their profession and are toadies at best (and I can think of a lot worse)
At the very very minimum, NVA should be trading above its blowdown value and much more reasonably at its net asset value.
ON EVERY POSSIBLE MEASURE NVA IS SERIOUSLY UNDERVALUED
Do your homework and you will become very rich if you have patience. This is the golden age for investors, my only regrets are that I am not younger and that for some unfathomable reasons the stock has slipped below 3$ again. Nevertheless , I will get off my fat butt and fix that problem!!
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