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. 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

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Nuvista Energy Ltd > hedges

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Post by Aurum1983 on May 06, 2022 10:37am

hedges

does NVA have any? Where can I find the details?

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Comment by Oldnagger on May 06, 2022 11:26am

Go here page 12 on https://www.nuvistaenergy.com/files/7316/4682/7849/2021_Q4_MDA.pdf

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Comment by Aurum1983 on May 06, 2022 12:17pm

Thanks... "We currently possess hedges which, in aggregate, cover 37% of projected 2022 liquids production (primarily front of year loaded) at an average WTI floor price of C$76.76/Bbl. We have hedged 46% of projected 2022 gas production (primarily summer season loaded) at an average floor price of C$3.43/Mcf." Is this going to be a problem for us?

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Comment by masfortuna on May 06, 2022 12:30pm

In what way? 63% of oil not hedged. and 53% of Natural gas. The sections that are hedged for gas at $3.43 appears low compared to today's price of gas. The avg price of nat gas in q1, however is not near today's price. It will become a problem if they repeat this in 2023...

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