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    NVA   CA67072Q1046

NUVISTA ENERGY LTD.

(NVA)
  Report
Delayed Toronto Stock Exchange  -  04:16 2022-06-30 pm EDT
10.32 CAD   -4.27%
06/23NUVISTA ENERGY LTD. : Helped by a technical support level
06/09NuVista Energy Starts Share-Buyback Program; Converts Credit Facility to a Sustainability-Linked Loan
MT
06/09NuVista Energy Ltd. announces an Equity Buyback for 18,190,261 shares, representing 7.88% of its issued share capital.
CI
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NuVista Energy Ltd. : Helped by a technical support level

06/23/2022 | 02:40am EDT
long trade
Live
Entry price : 10.48CAD | Target : 13.55CAD | Stop-loss : 8.4CAD | Potential : 29.29%
The selling pressure regarding NuVista Energy Ltd. shares could subside shortly. In fact, the support area that is currently being tested around 10.21 CAD has come into play and could, at least in the short term, keep the downside pressure at bay.
Investors have an opportunity to buy the stock and target the CAD 13.55.
NuVista Energy Ltd. : NuVista Energy Ltd. : Helped by a technical support level
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths
  • Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
  • The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
  • The company has a low valuation given the cash flows generated by its activity.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For several months, analysts have been revising their EPS estimates roughly upwards.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • The opinion of analysts covering the stock has improved over the past four months.
  • Over the past twelve months, analysts' opinions have been strongly revised upwards.
  • The group usually releases upbeat results with huge surprise rates.
Ratings chart
Subsector Other Oil & Gas Exploration and Production
1st jan.Capitalization (M$)Investor Rating
NUVISTA ENERGY LTD.54.89%1 929
CONOCOPHILLIPS26.71%116 067
EOG RESOURCES, INC.27.46%66 314
CNOOC LIMITED30.01%63 382
CANADIAN NATURAL RESOURCES ..31.24%62 802
OCCIDENTAL PETROLEUM CORPOR..112.87%55 388
PIONEER NATURAL RESOURCES C..24.36%54 726
WOODSIDE ENERGY GROUP LTD49.66%42 885
DEVON ENERGY CORPORATION34.98%36 865
HESS CORPORATION47.68%33 854
OIL AND NATURAL GAS CORPORA..8.25%24 555
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Financials
Sales 2022 1 470 M 1 141 M 1 141 M
Net income 2022 463 M 359 M 359 M
Net Debt 2022 112 M 87,1 M 87,1 M
P/E ratio 2022 4,77x
Yield 2022 -
Capitalization 2 381 M 1 849 M 1 849 M
EV / Sales 2022 1,70x
EV / Sales 2023 1,35x
Nbr of Employees 88
Free-Float 78,1%
Upcoming event on NUVISTA ENERGY LTD.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 10,32 CAD
Average target price 16,58 CAD
Spread / Average Target 60,6%
EPS Revisions
Managers and Directors
Jonathan A. Wright President, CEO & Non-Independent Director
Ross L. Andreachuk Chief Financial Officer & Vice President-Finance
Pentti O. Karkkainen Chairman
Michael J. Lawford Chief Operating Officer
Ronald J. Poelzer Independent Director