Advertising
Showing 1 to 15 of 84 entries
BUY
Has been picking away at it around $2.05. Volume has dried out. A name that will bring online 12 wells with good expectations. The name could trade at 3x next year's cashflow. With incremental production, it is trading at 1.9 2 year out cashflow. Super inexpensive. Would buy this over Arc Resources.
oil / gas
PAST TOP PICK
(A Top Pick Apr 03/20, Up 252%) An example of a name that is up but still mis priced. A small cap so there are less buyers. A high quality company. Pursuing a growth mandate. Trading at 3.1x next year and would put a 4x multiple. Could still have 50% upside.
oil / gas
DON'T BUY
The stock has been underperforming. While most revenue comes from liquids, 60% production is weighted for natural gas. There will be production growth for condensates in the near future. The gas side has pulled this stock down. There are more clear names to go to first, and this would be more second tier.
oil / gas
COMMENT
They are running at a higher than average leveraged position. Their next maturity is 2023 so there is running room. The outlook for condensate is very positive. 30% free cash flow at $50 oil, and 53% free cashflow yield at $60.
oil / gas
PAST TOP PICK

(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.

oil / gas
DON'T BUY
It took a big haircut in earnings in the last 90 days, down 57% this year and a projected 20% in 2021. Cash flow will shrink this year but expected to grown next year, but still lags its peers. NVA is a reasonable speculation, but he sees a better play in natural gas names in the next 12 months, considered The Energy Trade of the Decade.
oil / gas
BUY on WEAKNESS

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.

oil / gas
PAST TOP PICK
(A Top Pick Aug 30/19, Down 44%) It has been a roller-coaster ride and he is still one of the top three holders of the stock. When oil returns to $60, sometime next year they will be strong again. They could be a candidate for consolidation in the space. If you are bullish on condensate pricing, there could be some great upside here. He continues to hold it as a large core holding.
oil / gas
DON'T BUY
An oil and gas producer. If you believe oil prices are going higher, then you should do okay. Analysts have cut cash flow estimates on this and there are likely better opportunities out there.
oil / gas
DON'T BUY
The company is 40% condensate and 60% natural gas. They took a big $886 million impairment, which dropped their equity to debt ratio dramatically. They have debt that now exceeds equity. The debt maturity will be critical for its survival. He would pass.
oil / gas
HOLD

Trading volumes? The lower the share price, you have to trade more for a given trading position size. He thinks this will be a $4 stock down the road. Volatility in oil prices has caused investors to digest the market developments. He thinks oil prices will consolidate around here for a while. He likes management and the asset quality. They are immunized against weak cash flow. Well results in the last quarter were awesome, telling him the Cenovus assets they acquired are now validated.

oil / gas
COMMENT

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.

oil / gas
TOP PICK
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)
oil / gas
COMMENT

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.

oil / gas
BUY
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.
oil / gas
Showing 1 to 15 of 84 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 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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 2021-09-22, Nuvista Energy Ltd (NVA-T) stock closed at a price of $4.53.