Post by
MyHoneyPot on Dec 05, 2023 10:03am
Investors need to take a little longer view
NVA producing over 80,000 boe a day is essentially a debt free company.
A potentially close to 100 million buyback this quarter could not be better timed.
A real positive for NVA is that its production is still growing, it has surpassed all its debt trarget and is essentially debt free, and the is no longer any solvency threats.
A great time to buy NVA, and now there is nothing in the way of a buyout, for the purpose of industry consolidation.
Buying NVA at this point is buying a company that will completely pays back the purchase in 3-4 years.
The stock is to cheap, and this is a time to buy or at very least hold.
IMHO