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Bullboard - Stock Discussion Forum 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... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Newbie in need of help
View:
Post by Systemtogo on Feb 02, 2021 3:35pm

Newbie in need of help

I'm researching NVA but can't quite pull the trigger on this one given the debt situation. Someone give me some good reasons to jump in on this thing. Thank you!
Comment by Oldnagger on Feb 02, 2021 4:49pm
Debt levels were high versus cas flow . That has changed due to a return to more normal commodity prices . There is no way the industry will return to their prior pattern of overdrilling as nearly all are busy paying down debt. The Montney reserves are among the best in the world . NVA's website provides excellent details . Google natural gas  and crude prices ,and the Canadian Energy ...more  
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