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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

Comment by Sugareeon Dec 11, 2023 8:20pm
94 Views
Post# 35779050

RE:RE:RE:Frankly . . . I'm tempted, BUT ....

RE:RE:RE:Frankly . . . I'm tempted, BUT ....I am still on the sidelines on oil and honestly can't believe my luck. I basically said to myself in early November "no more, I am done with oil, just too hated by the markets" and everyday I think, well maybe buy some here, and just get too scared to pull the trigger. I will most likely miss the next run up, but what can you do.

Imagine holding BTE or JOY or TVE, holy heart attack. 


Indicator wrote:
Some funds do ROC/return of capital, and that is generally not great for long hold. Many "passive income investors" will say just buy them, hold long term, take the divvy and forget about price over long haul if their underlying stocks are solid, but my trader hat forces me to buy and hold only when/if getting them at low prices during sell off.

Speaking of  holding long, couldn't help myself and went in NVA today for a 1/4 position at the low ...  I am usually early and often buy in increments, there may be some bumps ahead, but let's see where our dearly beloved NVA takes us from here ;-)

Good luck.


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