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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 > Oil and gas under pressure
View:
Post by alvarez2 on May 27, 2021 11:18am

Oil and gas under pressure

We might not like it but not wise to ignore it...........green is good.


https://ca.finance.yahoo.com/video/climate-activists-win-big-against-143629308.html
Comment by Investnowplease on May 27, 2021 12:09pm
No ignoring and not unliking green. Simple fact world needs energy. That growth in energy cannot be supplied by green supplies. The focus on oil and gas included both upstream and downstream.  its the only industry that it happens in. Totally biased. Take a look at wind and solar for just an example. If they had to answer upstream and downstream they would not survive. That on top of the ...more  
Comment by alvarez2 on May 27, 2021 12:46pm
Not disagreeing with most you've said . If the world really wants to get serious about becoming C02 neutral with their emissions, there needs to be a move towards nuclear power and put that paranoia behind us. IMO
Comment by Sugaree on May 27, 2021 1:30pm
I really think after over 3 months of consolidation now, oil prices are like a coiled spring ready to pop big time in the not too distant future in June. WTI hit $63.50 Feb 24. I can see WTI busting through $67 and Brent $70 very soon. I would suggest a $3 bust through. WTI hits $70 and Brent $73. This will inspire the next leg up for stocks to follow!! Goldman Sachs are calling for a big ...more  
Comment by LittleYerry on May 27, 2021 3:30pm
I was just thinking the same thing Sugaree, I concur.
Comment by Investnowplease on May 28, 2021 10:04am
Agreed on your price, but that will be just the start. Supply and demand issues imho will push WTI to over 70 by mid June and truly believe by Sept WTI will be 85$. Look out for fuel prices being 1.40 in AB by July. NG i think will be 3.50 by mid July and 4 by Sept simply due to storage withdrawls and a Hurricane season which is projected to be high this year. 
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