Nuvista Energy Ltd

NVA-T

Analysis and Opinions about NVA-T

Signal
Opinion
Expert
COMMENT
COMMENT
April 3, 2020
Natrual gas prices? The 2021 strip price for AECO is over $2. That will work for strong balance sheet producers like TOU, NVA (60% natural gas), and ARX.
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Natrual gas prices? The 2021 strip price for AECO is over $2. That will work for strong balance sheet producers like TOU, NVA (60% natural gas), and ARX.
TOP PICK
TOP PICK
April 3, 2020
A natural gas and condensate producer. They are 34% hedged at $76 CAD and 24% of their liquids production receives a premium to WTI. His biggest position in his portfolio. Yield 0% (Analysts’ price target is $1.62)
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A natural gas and condensate producer. They are 34% hedged at $76 CAD and 24% of their liquids production receives a premium to WTI. His biggest position in his portfolio. Yield 0% (Analysts’ price target is $1.62)
COMMENT
COMMENT
March 6, 2020

There is a rumour that Paramount has acquired a 9% holding in Nuvista. Paramount is outspending their cash flow and announced, if required, they may look to sell off assets and this could Nuvista. Both companies share prices have been pushed sharply lower as a result.

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There is a rumour that Paramount has acquired a 9% holding in Nuvista. Paramount is outspending their cash flow and announced, if required, they may look to sell off assets and this could Nuvista. Both companies share prices have been pushed sharply lower as a result.

BUY
BUY
February 12, 2020
It is trading at 3.2 times next year's cash flow. There are rumours that a large player in buying up stock. Asset quality and management quality create very compelling value.
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Nuvista Energy Ltd (NVA-T)
February 12, 2020
It is trading at 3.2 times next year's cash flow. There are rumours that a large player in buying up stock. Asset quality and management quality create very compelling value.
BUY
BUY
November 15, 2019
He bought near the lows when there was fear it would be removed from the index. He thinks it should be trading near $6. Their market cap is lower than the capital they raised to purchase an asset from Cenovus. They released an update on new production that validated the purchase. He continues to own it. Their operations can support a continued 15% growth on future cash flow. He sees good upside.
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Nuvista Energy Ltd (NVA-T)
November 15, 2019
He bought near the lows when there was fear it would be removed from the index. He thinks it should be trading near $6. Their market cap is lower than the capital they raised to purchase an asset from Cenovus. They released an update on new production that validated the purchase. He continues to own it. Their operations can support a continued 15% growth on future cash flow. He sees good upside.
COMMENT
COMMENT
October 11, 2019

VII-T vs CR-T? He would stay away from CR-T due to its debt level. VII-T has a good management team, but its slow down in growth highlighted their 50% decline rates in existing assets. This causes too much of their cash flow to still be required for maintenance. He would prefer NVA-T, which trades at a lower multiple of cash flow, has a better balance sheet, and lower decline rates on production.

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Nuvista Energy Ltd (NVA-T)
October 11, 2019

VII-T vs CR-T? He would stay away from CR-T due to its debt level. VII-T has a good management team, but its slow down in growth highlighted their 50% decline rates in existing assets. This causes too much of their cash flow to still be required for maintenance. He would prefer NVA-T, which trades at a lower multiple of cash flow, has a better balance sheet, and lower decline rates on production.

TOP PICK
TOP PICK
August 30, 2019
The stock has fallen from $8 to $1.60. The market cap today is below what they raised in 2018. This is heavily shorted based on fears of TSX de-listing. It's trading at 2.6x cash flow, and 27% free cash flow yield. There's such a gap between share price and fundamentals. (Analysts’ price target is $5.17)
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The stock has fallen from $8 to $1.60. The market cap today is below what they raised in 2018. This is heavily shorted based on fears of TSX de-listing. It's trading at 2.6x cash flow, and 27% free cash flow yield. There's such a gap between share price and fundamentals. (Analysts’ price target is $5.17)
COMMENT
COMMENT
August 12, 2019
If you go back 10 years. You see lows from 2012 and 2016. It depends on the top side resistance, but there is a lot of room. The company is well run with good balance sheet. The cash flow has been really good here. We could get quite a surprise here. A year from now you will be happy with these energy names.
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If you go back 10 years. You see lows from 2012 and 2016. It depends on the top side resistance, but there is a lot of room. The company is well run with good balance sheet. The cash flow has been really good here. We could get quite a surprise here. A year from now you will be happy with these energy names.
SELL STRENGTH
SELL STRENGTH
June 18, 2019
It continues to be under pressure and they believe commodities are challenged longer term. Here they saw a multi-month rally which could show upside into September. This could rally back to key resistance near $3.50 followed by a resumption of the bear trend. He would sell into this rally.
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It continues to be under pressure and they believe commodities are challenged longer term. Here they saw a multi-month rally which could show upside into September. This could rally back to key resistance near $3.50 followed by a resumption of the bear trend. He would sell into this rally.
TOP PICK
TOP PICK
April 15, 2019
It has been beaten up strongly. It is a timely pick because we are right in the seasonality. $6.40 is the next place it will have pause. It is an Alberta-only oil and gas production company. 2018 results were fantastic. (Analysts’ price target is $7.95)
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It has been beaten up strongly. It is a timely pick because we are right in the seasonality. $6.40 is the next place it will have pause. It is an Alberta-only oil and gas production company. 2018 results were fantastic. (Analysts’ price target is $7.95)
COMMENT
COMMENT
July 21, 2016

This one depends on your view on gas. He would put this up there with the half-dozen Montney focused names. Has been very impressed with the ongoing improvement of well results. Definitely top tier.

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This one depends on your view on gas. He would put this up there with the half-dozen Montney focused names. Has been very impressed with the ongoing improvement of well results. Definitely top tier.

PAST TOP PICK
PAST TOP PICK
March 21, 2016

(Top Pick Feb 05’15, Down 12.90%) He got about an 8% yield. It has performed quite well, year over year. They have most of their assets in Saskatchewan and the Canadian pension plan is a partner. It should be the end of the axe swinging.

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(Top Pick Feb 05’15, Down 12.90%) He got about an 8% yield. It has performed quite well, year over year. They have most of their assets in Saskatchewan and the Canadian pension plan is a partner. It should be the end of the axe swinging.

BUY
BUY
October 7, 2015

They have been having some great success in the field. They are a growing concern. They hit a sweet spot. Their net backs are approaching $15. Debt is no longer a concern. They also had some great hedges in place.

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They have been having some great success in the field. They are a growing concern. They hit a sweet spot. Their net backs are approaching $15. Debt is no longer a concern. They also had some great hedges in place.

TOP PICK
TOP PICK
April 8, 2015

Drilling some really interesting wells where the economics is really the condensate. This is really a play on oil prices coming back. When you look at the valuation versus a pure oil stock, it is trading at about a 2X lower multiple. Good value. Good management. Well hedged for 2015.

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Drilling some really interesting wells where the economics is really the condensate. This is really a play on oil prices coming back. When you look at the valuation versus a pure oil stock, it is trading at about a 2X lower multiple. Good value. Good management. Well hedged for 2015.

TOP PICK
TOP PICK
February 5, 2015

Likes that they hedged out a lot of their gas and condensate production for the next year. Great asset and no debt problem. A lot of other companies would strategically like to own this asset.

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Nuvista Energy Ltd (NVA-T)
February 5, 2015

Likes that they hedged out a lot of their gas and condensate production for the next year. Great asset and no debt problem. A lot of other companies would strategically like to own this asset.

Showing 1 to 15 of 73 entries

Nuvista Energy Ltd(NVA-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

Stockchase rating for Nuvista Energy Ltd is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nuvista Energy Ltd(NVA-T) Frequently Asked Questions

What is Nuvista Energy Ltd stock symbol?

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

Is Nuvista Energy Ltd a buy or a sell?

In the last year, 3 stock analysts published opinions about NVA-T. 2 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Nuvista Energy Ltd.

Is Nuvista Energy Ltd a good investment or a top pick?

Nuvista Energy Ltd was recommended as a Top Pick by Eric Nuttall on 2020-04-03. Read the latest stock experts ratings for Nuvista Energy Ltd.

Why is Nuvista Energy Ltd stock dropping?

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.

Is Nuvista Energy Ltd worth watching?

3 stock analysts on Stockchase covered Nuvista Energy Ltd In the last year. It is a trending stock that is worth watching.

What is Nuvista Energy Ltd stock price?

On 2020-04-03, Nuvista Energy Ltd (NVA-T) stock closed at a price of $0.66.