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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. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (Montney). Its core... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Where will it go!
View:
Post by ReitsRus on Nov 07, 2021 7:12am

Where will it go!

Holding NVA since 1.14 but I've been recycling frequently off the Highs and jumping back in on the lows, Targets I've seen so far $8.50 but I'll take a further 2.5 bagger but the big question is how long will we see $80 oil for, that will be the deciding factor and does anybody think a Dividend will be issued.
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Comment by Sugaree on Nov 07, 2021 8:16am
Oil should remain elevated for all 2022 and potentially beyond. Supply is simply not going to keep up with demand which is awesome and we can thank all the global warming clowns, so I salute the fools. Zero chance of a dividend for a long time. Cash flow is being allocated to growing to 90k boed and pay down debt. Once there, then a dividend will be contemplated. Timing all depends on oil and gas ...more  
Comment by CandyC on Nov 07, 2021 11:14am
Bank Of America Sees $120 Oil By June 2022   By Julianne Geiger - Nov 01, 2021, 5:30 PM CDT The Brent crude benchmark will hit $120 per barrel by the end of June 2022, Bank of America said in a research note this week, cited by Bloomberg.   The catalyst for BofA’s increased price forecast is the current global energy crisis that has seen prices for crude oil, coal, natural gas, ...more  
Comment by Sugaree on Nov 07, 2021 9:25am
Great article addressing all aspects of oil going forward. https://www.zerohedge.com/commodities/goldman-laughs-todays-oil-selloff-our-bullish-view-remains-unchanged-sees-deficits
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