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 > Future dividend?

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Post by Barnbeezeeeeee on Jan 13, 2024 2:31pm

Future dividend?

I hope these guys start paying a dividend once they reach 100k boe/d. Anyone have an opinion on when they might start ?

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Comment by MyHoneyPot on Jan 13, 2024 7:10pm

Thats a few years into the future, my feeling is they are debt free essentially with 87,000 boe of production forecast for 2024. Keep the cash on the balance sheet and put yourself up for sale, someone like baytex may buy you as it will improve the balance sheet in a share transaction. They could use a cash infustion.... (just kidding) I would be glad to take a price 14-15 dollars and move on ...more

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Comment by Barnbeezeeeeee on Jan 13, 2024 10:18pm

What about a company like ARC? Think they would have any interest or be a good fit?

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Comment by Oldnagger on Jan 13, 2024 10:22pm

Nuvista never talks about it , yet they have 152,000 non core acres of dry nat gas properties spread out over 3 locations. With the right pricing , perhaps company production could go as high as 200 kbpd on a sustainable basis. I am sure that NVA 's management are aware of all the both hidden and not hidden value and thus they will have a propensity for buy backs for a very long time ...more

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