Related posts

Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)Most Anticipated Earnings: SLF-T, REAL-T and more Canadian Companies Reporting Earnings this Week (Nov 13-17)Tuesday ends down after tech sell-off
Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Nuvista Energy Ltd (NVA-T) has shown strong performance post-Covid with record high production, reduced debt, and buyback of shares. However, there is concern over natural gas overhang and the potential impact of a deal by Paramount. The company has a good management team and solid metrics, but faces challenges in managing the current situation with natural gas in storage. Despite these challenges, experts expect a potential upside of around 20-39% along with good long-term prospects.

Consensus
Positive
Valuation
Undervalued
Similar
Tourmaline Oil,TXE-T
HOLD
Nuvista Energy Ltd

LNG Canada will be the next catalyst. Be patient. With Paramount as primary shareholder, concern that it could sell any day and drag share price down. He's the second-largest shareholder. 75% of free cashflow being used for buybacks. Target of $23, 78% potential upside.

oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Nuvista Energy Ltd
Stockchase Research Editor: Michael O'Reilly

We reiterate this Western Canadian energy producer as a TOP PICK.  Management has the goal to achieve 100,000 boe/d by 2026 and sees a 10% growth in production in 2024.  Hedging activity is assisting against lower natural gas prices currently.  It trades at 8x earnings, 1.3x book and supports an 18% ROE.  We continue to recommend a stop at $12.00, looking to achieve $15.50 --18% potential upside.  Yield 0%.  

(Analysts’ price target is $15.50)
oil / gas
HOLD
Nuvista Energy Ltd

Has done phenomenally since Covid. Management has done a great job buying assets. Holding it back now is a lot of natural gas in storage because less was used during this mild winter and Paramount owns a controlling block; so if Paramount does a deal, will they sell NVA? Metrics are good, though and are buying back stock. He targets $24 or 96% upside, but there's that overhang. No easy fix for managers.

oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Nuvista Energy Ltd
Stockchase Research Editor: Michael O'Reilly

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)
oil / gas
BUY ON WEAKNESS
Nuvista Energy Ltd

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. 

oil / gas
BUY
Nuvista Energy Ltd

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.

oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Nuvista Energy Ltd
Stockchase Research Editor: Michael O'Reilly

Boasting record high production and supporting an ROE of 36%, we again reiterate NVA as a TOP PICK.  Despite recent precautionary wildfire curtailments, quarterly production increased 9%, allowing for cash flows to rise, despite lower commodity prices.  It trades at 8x earnings and 1.3x book value.  We like that cash reserves are growing, while debt is retired and shares bought back.  We continue to recommend maintaining a stop at $10, looking to achieve $15 -- upside over 20%.  Yield 0%  

(Analysts’ price target is $15.40)
oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Nuvista Energy Ltd
Stockchase Research Editor: Michael O'Reilly

This Calgary based energy producer in the Montney area is reiterated as a TOP PICK.  Receding forest fires in the province is allowing production to resume and has just achieved record highs.  It trades at 1.2x book, 7x earnings, and supports a 36% ROE.  Cash reserves are growing while debt is retired and shared bought back.  We continue to recommend a stop at $10, looking to achieve $16 -- upside potential of 39%.  Yield 0%

(Analysts’ price target is $16.00)
oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Nuvista Energy Ltd
Stockchase Research Editor: Michael O'Reilly

Trading at 7x earnings, 1.4x book and supporting a 37% ROE, we reiterate NVA as a TOP PICK.  The company aims to invest 75% of free cash flows and has been aggressively retiring debt and buying back shares, while increasing cash reserves.  We recommend trailing up the stop (from $8) to $10, looking to achieve $16 -- upside potential of 33%.  Yield 0% 

(Analysts’ price target is $15.88)
oil / gas
BUY
Nuvista Energy Ltd

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.

oil / gas
PAST TOP PICK
Nuvista Energy Ltd
(A Top Pick Mar 04/22, Up 5%)

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.

oil / gas
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Nuvista Energy Ltd
Stockchase Research Editor: Michael O’Reilly

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)
oil / gas
BUY
Nuvista Energy Ltd
Company drilling great wells and paying down large amounts of debt. Expecting 100% of cash flow returning to shareholders next year. Ability to grow production and pay dividend. Company cheaper now than 2 years ago due to valuation(strip energy price). Expecting a double on the share price.
oil / gas
Unspecified
Nuvista Energy Ltd
It is extremely profitable and is returning much of free cash flow to investors.. Has $24 target.
oil / gas
BUY
Nuvista Energy Ltd

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.

oil / gas
Showing 1 to 15 of 104 entries

Nuvista Energy Ltd(NVA-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

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, 4 stock analysts published opinions about NVA-T. 2 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?

4 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 2024-05-27, Nuvista Energy Ltd (NVA-T) stock closed at a price of $13.29.