Nuvista Energy Ltd T.NVA

Back of the Napkin, Game Changer Q2 with $102 WTI

[MyHoneyPot]

	Q2 -2022	Q1 - 2022	Q4	Q3	Q2
	68500	66599	60888	51500	51485
	2.85%
Price Boe	73.46788298	$63.71	$57.73	$47.44	$40.11
	29.88813255	$28.57	$27.31	$25.42	$24.35
Op Netback	43.57975043	35.14	$30.42	$22.02	$15.76
Corporte Netback	40.07975043	31.69	$27.08	$17.18	$11.84
	24.02%	15.52%	38.15%
Share Price	$15.93	$11.92	$7.71	$5.35	$4.01
Debt millions	$240	$413	$480.00	545.4	$547.00
5.46	7	5.79	gas
105	134.6153846	118.21	condy
55	55	49.3	ngl
	22298.83	21680	Condy	32.55%
	6948.84	6756	NGL	10.14%
	39252.32	38163	Gas	57.30%
Projected Increase
0.336415805	252.58	189	AFF
	100.00	120	Capex
	152.58	70	FCF

Assumptions

Condensate    $102 WTI + 3 dollar condy premium, .78 exchange
Gas                 $ 7 dollars canadian average
NGL's              $ 55

Production increase 2.85% from Q1
Higher royalities

Does this seem reasonable?

Back of napkin, trying to keep it simple.

IMHO

[llerrad5]

Lots of good work, thanks: ZACKS have a mean target of $15.50 and a high one of $18.00 for now. ZACKS buy rating is 4.3/5 which is also good. Refinitive have a 9/10 rating which is very good.