Nuvista Energy Ltd

NVA-T

Analysis and Opinions about NVA-T

Signal
Opinion
Expert
Chart
BUY
BUY
April 30, 2021
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.
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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.
Eric Nuttall
Price
$2.290
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 26, 2021
(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.
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(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.
Eric Nuttall
Price
$2.330
Owned
Yes
DON'T BUY
DON'T BUY
December 11, 2020
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.
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Nuvista Energy Ltd (NVA-T)
December 11, 2020
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.
Eric Nuttall
Price
$1.000
Owned
Unknown
COMMENT
COMMENT
November 20, 2020
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.
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Nuvista Energy Ltd (NVA-T)
November 20, 2020
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.
Eric Nuttall
Price
$0.860
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 6, 2020

(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.

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(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.

Eric Nuttall
Price
$0.660
Owned
Yes
DON'T BUY
DON'T BUY
June 30, 2020
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.
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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.
Robert McWhirter
Price
$0.760
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
June 23, 2020

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.

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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.

Josef Schachter
Price
$0.860
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 19, 2020
(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.
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(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.
Eric Nuttall
Price
$0.890
Owned
Yes
DON'T BUY
DON'T BUY
May 29, 2020
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.
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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.
DON'T BUY
DON'T BUY
May 20, 2020
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.
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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.
HOLD
HOLD
May 15, 2020

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.

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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.

Eric Nuttall
Price
$0.730
Owned
Unknown
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.

Eric Nuttall
Price
$0.485
Owned
Unknown
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)
Eric Nuttall
Price
$0.485
Owned
Yes
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.

Eric Nuttall
Price
$1.740
Owned
_N/A
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.
Eric Nuttall
Price
$2.170
Owned
Unknown
Showing 1 to 15 of 84 entries

Nuvista Energy Ltd(NVA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 7

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, 7 stock analysts published opinions about NVA-T. 5 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 2021-04-30. 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?

7 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 2021-06-22, Nuvista Energy Ltd (NVA-T) stock closed at a price of $3.55.