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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 > Funny nuttal
View:
Post by Carjack on May 23, 2024 5:01pm

Funny nuttal

Doesn't like NVA because of the "overhang" on pou ownership but has no problem buying it cheap from them so they can buy there own shares back that he also owns.
Comment by Oldnagger on May 24, 2024 9:37am
Maybe Pou should sell their shares to Nuttal , then use the proceeds to buy more NVA . Pou sells at a P/E of 14 vs 9 for NVA
Comment by ztransforms173 on May 24, 2024 9:53am
- it is NOT FUNNY but an EXCELLENT INVESTMENT STRATEGY - I was RIGHT that EN WANTS to BUY NVA - I was WRONG BEFORE when he BOUGHT POU instead of my 'anticipated' NVA - NOW he WANTS to KILL TWO BIRDS with ONE STONE - EN wants the ENTIRE 10% of NVA from POU and then use THESE proceeds to to CONDUCT share buybacks (NCIB) on POU shares - remember that Ninepoint Energy Fund is also a MAJOR ...more  
Comment by ztransforms173 on May 24, 2024 3:19pm
- on further thought, Ninepoint {EN} does NOT have ENOUGH AUM to BUY 10% of NVA - they 'probably' could ONLY AFFORD to BUY ~ 14 million NVA shares (@ $ 13/s) before theu EXCEED their 10% PORTFOLIO LIMIT - Paramount Resources OWNS 31,252,142 shares of NuVista Energy z173