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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 > Nuttall
View:
Post by Sugaree on Jan 28, 2023 8:01pm

Nuttall

After listening to Eric from Friday's Market Call, my guess is he may be finally selling Nuvista due to its' NG weighting. The stocks lactlustre performance this month may be him putting on the selling pressure. I could be wrong, it is his longest holding. I was hoping a caller would ask, but no mention of the stock the entire show.

They are making good money, but the NG perception may keep the stock price under pressure for a while IMO. Good for the buybacks though!
Comment by Oldnagger on Jan 29, 2023 2:42am
If Nuttall goes around the industry getting  producers to subscribe to his way of thinking , then later sellls them off at the first bad turn of events then he will soon be burnt toast IMHO. He  just did that with Vermilion and has left a very bad taste .
Comment by Sugaree on Jan 31, 2023 3:45pm
With the large volume and no movement in share price, I really think Nuttall has worked out a deal with NVA to sell them a large chunk of stock around this $11 range for the NCIB.
Comment by Carjack on Jan 31, 2023 4:33pm
I was thinking the same thing but peters and co isn't involved for either party that I can see in trading.