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, 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 Sugareeon Sep 27, 2022 9:18am
128 Views
Post# 34988921

RE:September presentation

RE:September presentationLooks like the last $87m still borrowed on the Credit Facility Capacity is paid off and now have all $470 MM free to borrow.

Oldnagger, I see they are starting to pay off the 2026 notes now. I thought being callable to July 2023 meant they could not be redeemed at all until then? Not my area of understanding. any idea?

Oldnagger wrote: well worth reading. Even at lower crude and nat gas prices, NVA is a once in a lifetime opportunity !!
Where else do stable growth  companies get a full payback on their capex in far under 12 months ??
There are other similar companies, yet NVA still has existing infrastructure to support another 50 % growth . Also NVA is getting unhedged which will be a good position to be in this coming winter
Biden is deliberately manipulating markets for his own political goals. That will stop by November at the latest. BUT I will buy now as major producers are surely not amused !!


<< Previous
Bullboard Posts
Next >>