Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (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. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).


TSX:NVA - Post by User

Comment by Sugareeon Jan 20, 2022 8:55am
60 Views
Post# 34336662

RE:RE:RE:RE:RE:RE:RE:RE:RE:Stop Loss Hunting

RE:RE:RE:RE:RE:RE:RE:RE:RE:Stop Loss HuntingWould not surprise me if we have a good finish to the week on the O&G stocks. Based on the minor pullback in them, the larger pullback in other (growth) sectors gettting ready to redploy into value sectors. All interest rate related. NASDAQ now officially 10% below recent high, so in correction territory. Even if Oil drops 2 bucks or more, it has a new solid base above $80, time for it to consolidate.

O&G stocks sometimes follow oil up, and other times ignores when oil drops if the market is moving up. i.e, they followed stocks down while oil hit new multi year highs. should be a recovery day in stocks.

NVA closes a new 52 week high today! If not today, then tomorrow to close out the week.

masfortuna wrote: From what I can see, many are expecting oil to go red. This in turn has led to many exiting their positions although oil is green and has been all week. 3 days of green and we are actually down from Friday's close.  What will happen is that oil may in fact go red and drop 3-5% but that would actually just take us back to Friday's WTI pricing ($81) if that with a lower sp for NVA.  Crazy times.


<< Previous
Bullboard Posts
Next >>