Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s): NUVSF

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... see more

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TSX:NVA - Post Discussion

Nuvista Energy Ltd > Decoupling

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Post by Indicator on Apr 01, 2022 11:35am

Decoupling

weak Oil price but NVA and some others appear to be decoupling from PoO.

re-test of most recent high in sights

102

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Comment by Sugaree on Apr 01, 2022 12:49pm

Music to my ears!

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Comment by Oldnagger on Apr 01, 2022 7:43pm

I think some of the answer is that the SPR releases will tend to flatten out the backwardation in the forward curve. At the same time there will undoubtedly be further pipeline constraints . Recall that a lot of the crude pipelines that once flowed northward have been reversed over the last decade. Crude coming out of the SPR will thus crowd out any possible new production from the Permian and ...more

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