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Nuvista Energy Ltd (NVA-T)
TSE:NVA
11.26
0.03
(0.27%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$11.240
Owned
Primarily a condensate producer.
Already hit debt target - will return 75% of free cash flow.
At strip gas, trading at 50% of fair value.
4x multiple (conservative) would imply 94% upside on share price.
This $6 billion market cap producer in the prolific Montney region is setting production records. It trades at 1.4x book value and supports a 36% ROE. Strong operating cash flow is allowing debt to be retired. We recommend placing a stop-loss at $8, looking to achieve $16 — upside potential over 50%. Yield 0%
(Analysts’ price target is $15.85)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.
Nuvista Energy Ltd(NVA-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 5
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, 5 stock analysts published opinions about NVA-T. 5 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.
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?
5 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 2023-03-28, Nuvista Energy Ltd (NVA-T) stock closed at a price of $11.26.
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.