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Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

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 > Future dividend?
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Comment by MyHoneyPoton Jan 13, 2024 7:10pm
111 Views
Post# 35825469

RE:Future dividend?

RE:Future dividend?Thats a few years into the future, my feeling is they are debt free essentially with 87,000 boe of production forecast for 2024.

Keep the cash on the balance sheet and put yourself up for sale, someone like baytex may buy you as it will improve the balance sheet in a share transaction. They could use a cash infustion.... (just kidding)

I would be glad to take a price 14-15 dollars and move on. 

IMHO
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