
TSE:NVA
This summary was created by AI, based on 4 opinions in the last 12 months.
Nuvista Energy Ltd (NVA-T) has garnered significant attention from experts, particularly due to its robust natural gas assets and promising growth potential. Multiple reviews highlight its excellent inventory quality and shareholder-friendly practices, including organic growth and stock buybacks. Some experts express concern over its impending acquisition by OVV, debating the timing and pricing associated with the deal. Notably, there are contrasting perspectives on the acquisition; while some regard it as a missed opportunity given the company's strong fundamentals and favorable cash flow, others view it as a reasonable exit at a challenging market moment. Overall, Nuvista is positioned well in its sector, with experts acknowledging its value amidst the broader sentiment in the energy market.
(A Top Pick Aug 30/19, Down 58%) It's been lagging in the past months. He has been adding to it. They have drilled high quality wells in the property they acquired from Cenovus. There is a good potential to increase free cashflow in the next couple years.
A three-year time horizon It's a liquids-rich natural gas story, moving more into the Montney. Nice production increase of 19% in Q1. The balance sheet and debt are an issue because of the oil price plunge during the pandemic. This could fall below 70 cents if WTI falls $10 which he expects. He also expects a tightening of the natural gas market in western Canada because of the lack of drilling plus increased demand from Transalta as it goes from coal to nat gas. There are lots of good reasons to own this for the next few years, but in the meantime, buy on pullbacks. This will do well if you have a long-term horizon.
Energy sector has been preforming well the past 1-2 years (only posisitve sector this year). Well run company that is executing well in the Montney (British Columbia). Lower natural gas prices have not been reflected in share price of the company. Tremendous ability to generate cash flow. LNG expansion in Canada will be good for the business.