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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

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 PabloLafortuneon Aug 09, 2023 10:58am
140 Views
Post# 35579511

Nuvista Q3 & Q4 cashflow

Nuvista Q3 & Q4 cashflowLooking at Q3 projected production, extrapolate Q4 projection (annual less first less Q3 projected), 2nd half capex projected (Year budget less 1st half), current price of oil and natural gas strip (prices are much higher in Nov/Dec than now at least in the US), it seems like the 2nd half free cashflow - before buybacks and debt repayment - is going to be a big number ($250M?).

Because according to my napkin profit  model, condensate revenue alone (after related royalties) will more than cover all costs (ops, transportation unless natgas specific, G&A, interest, SBC and last but not least, CAPEX) in the 2nd half, leaving Natural gas and NGLs (less related royalties and related transportation) revenues straight to the bottom line. 

Please do your own due diligence as your mileage may vary and I am not a professional.
<< Previous
Bullboard Posts
Next >>