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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 > Sugaree nuttal hates you lol

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Post by Carjackon Feb 23, 2022 8:19pm

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Post# 34456096

Sugaree nuttal hates you lol

@ericnuttall

 												I always thought that one day, our large positions in well-run, Canadian small/mid cap, free cash flowing beasts would be "strategic." Today, we tried to find blocks in 2 such names...not a single offering of size from anyone in the world. The party is just getting started.

443

Eric Nuttall

@ericnuttall

 												I'm rolling my internal target prices to using 2023 estimates and even for me, watching the multiple compression from just 1 year of free cashflow at $80-$100 is simply mind-blowing. About a 0.5x EV/CF compression which when you're going from 2.0x to 1.5x, is pretty significant.