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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

Post by Sugareeon Jan 28, 2023 8:01pm
329 Views
Post# 35252337

Nuttall

NuttallAfter listening to Eric from Friday's Market Call, my guess is he may be finally selling Nuvista due to its' NG weighting. The stocks lactlustre performance this month may be him putting on the selling pressure. I could be wrong, it is his longest holding. I was hoping a caller would ask, but no mention of the stock the entire show.

They are making good money, but the NG perception may keep the stock price under pressure for a while IMO. Good for the buybacks though!
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