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The experts seem to be generally positive about Nuvista Energy Ltd, praising their strong condensate exposure, new CEO, sustainable business model, and potential for growth. They also note the company's low growth but high free cashflow, and speculation about a possible buyout. However, there are concerns about the inventory challenge and overhang from the primary shareholder, Paramount. Overall, the consensus is that Nuvista Energy Ltd is a strong company with potential for growth and solid fundamentals, but with some challenges and uncertainties in the near future.
Second largest shareholder. Owns shares in company. Condensate exposure very good. Natural gas pricing not a concern. New CEO looks great. Very strong company. Dividend looks safe. Business model is sustainable down to ~$60. Expecting $16/share @ $70 oil.
He may be early on dry gas producers. Here, you get the gas but also condensate. Condensate's needed for pipeline transport as oil sands slowly increase production. Canada's already short on condensate, so the premium's been extending. Growing production by about 50%, at which point it can keep production flat for 20-25 years. No dividend.
Shareholders are already getting 75% free cashflow. Meaningful share buybacks compress the multiple and drive the rerating. $20 target in 1 year, $26 in 2 years, so upside of 50-90%.
Some of the highest-quality Montney acreage. Oily, nat gas exposure. Growing production by about 50%. Trades at a 15% forward free cashflow yield, 75% going to investors, expected to go to 100% (making a 22% free cashflow yield). His target price is $22.50. No dividend.
(Analysts’ price target is $16.75)LNG Canada will be the next catalyst. Be patient. With Paramount as primary shareholder, concern that it could sell any day and drag share price down. He's the second-largest shareholder. 75% of free cashflow being used for buybacks. Target of $23, 78% potential upside.
Has done phenomenally since Covid. Management has done a great job buying assets. Holding it back now is a lot of natural gas in storage because less was used during this mild winter and Paramount owns a controlling block; so if Paramount does a deal, will they sell NVA? Metrics are good, though and are buying back stock. He targets $24 or 96% upside, but there's that overhang. No easy fix for managers.
Owns shares but has sold some due to strength. Free cash flow down a little. Expecting a ~$17 share price. Good for long term investors. Produce a lot of condensate. Strong company. Lots of natural gas exposure. LNG expansion will be good for company.
Owns shares in company.
Prefers names with more exposure to oil.
Expecting 75% of free cash flow returned to shareholders going forward.
Good management team and reserves.
Higher exposure to gas.
Second largest investor in company and still owns shares.
60% gas , but lots of condensate production.
20+ years of inventory.
Currently expecting 100% upside on stock.
Committed to return at least 75% of capital to shareholders.
Nuvista Energy Ltd is a Canadian stock, trading under the symbol NVA-T on the Toronto Stock Exchange (NVA-CT). It is usually referred to as TSX:NVA or NVA-T
In the last year, 5 stock analysts published opinions about NVA-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nuvista Energy Ltd.
Nuvista Energy Ltd was recommended as a Top Pick by on . Read the latest stock experts ratings for Nuvista Energy Ltd.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Nuvista Energy Ltd In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Nuvista Energy Ltd (NVA-T) stock closed at a price of $13.37.
It takes discipline to not take profits too early and let your winners ride if the thesis is still playing out. The investor did well to do that, not many can.
Believes his firm is still the second-largest shareholder. Continues to drill exceedingly great wells. Perception of an inventory challenge, but he doesn't agree. Likes the newish CEO a lot. Low growth, but lots of free cashflow. Speculation that POU will buy it out, but he never owns on M&A spec.