Related posts
Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)Tuesday ends down after tech sell-offTech makes new highs as markets extend sellingThis summary was created by AI, based on 7 opinions in the last 12 months.
Nuvista Energy Ltd (NVA-T) has been reiterated as a top pick by multiple experts due to its strong financial performance, including reduced debt, record high production, and share buybacks. The company has a good management team, reserves, and is expected to return a significant portion of free cash flow to shareholders. The stock is trading at a low multiple of earnings and book value, with significant upside potential according to the analysts' price targets.
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.
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.
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 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, 3 stock analysts published opinions about NVA-T. 3 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.
3 stock analysts on Stockchase covered Nuvista Energy Ltd In the last year. It is a trending stock that is worth watching.
On 2024-03-18, Nuvista Energy Ltd (NVA-T) stock closed at a price of $11.57.
We again reiterate NVA as a TOP PICK. Recently reported earnings showed the company has reduced debt by 43% over the year, achieved record high production, and bought back shares. It trades at 6x earnings, 1.3x book and generates 21% ROE. We recommend trailing up the stop (from $10) to $12, looking to achieve $16 -- upside potential over 20%. Yield 0%
(Analysts’ price target is $15.83)