Post by
Sugaree on Jun 28, 2021 10:27am
What is happening here?
TVE was well above NVA a while back, like 30 cents and more at times. Nuvista now has a $1.16 on TVE.
almost every o&g in a large watchlist have gone up well in past month, TVE nowhere. Is all that dilution to buy assets coming back to haunt them?
Is this one worth jumping in down here, or will it continue to lag?
Comment by
Sugaree on Jun 30, 2021 12:05pm
Seriously, this is not even close. Something must be wrong with TVE with such a sizable discrepancy. June 8 June 30 TVE $2.61 $2.54 - 2.7% NVA $2.75 $4.00 + 45.5%
Comment by
mlcb2525 on Jun 30, 2021 12:22pm
Maybe if the price of oil goes down TVE will go up ??????
Comment by
kisstopherp on Jun 30, 2021 7:12pm
TVE is oil weighted NVA is gas weighted Natural gas prices are strong - WTI has been muted due to OPEC+ meeting. You can't compare them like this without context.
Comment by
Sugaree on Jul 01, 2021 12:14pm
2/3 of NVA revenue is generated from their 1/3 condensate production. So, yes in terms of production they may be more gas weighted, but condensate/oil is where they are valued by the market. How can you explain all the oil weighted stocks that have shot up in the same period?