NuVista Energy (NVA) Stock Price, News & Analysis

Company Overview

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves. It primarily focuses on the condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$11.51 to C$11.80
• 50-Day Range: C$11.39 to C$14.42
• 52-Week Range: C$9.59 to C$14.86
• Volume: 614,227 shs
• Average Volume: 568,702 shs
• Market Capitalization: C$2.43 billion
• P/E Ratio: 7.32
• Dividend Yield: 4.42%
• Price Target: C$15.93
• Consensus Rating: Moderate Buy

NuVista Energy Stock Analysis - MarketRank™

NuVista Energy scored higher than 80% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NuVista Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NuVista Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of NuVista Energy is 7.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of NuVista Energy is 7.32, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 103.42.

Price to Earnings Growth Ratio

NuVista Energy has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

NuVista Energy has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NVA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

NuVista Energy is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

NuVista Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NVA.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.10

News Sentiment

NuVista Energy has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for NuVista Energy this week, compared to 1 article on an average week.

Search Interest

7 people have searched for NVA on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

MarketBeat Follows

1 people have added NuVista Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NuVista Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$372,849.00 in company stock.

Percentage Held by Insiders

20.25% of the stock of NuVista Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 28.44% of the stock of NuVista Energy is held by institutions.

NVA Stock Analysis - Frequently Asked Questions

How have NVA shares performed this year?

NuVista Energy's stock was trading at C$11.04 on January 1st, 2024. Since then, NVA shares have increased by 6.8% and is now trading at C$11.79.
View the best growth stocks for 2024 here.

How were NuVista Energy's earnings last quarter?

NuVista Energy Ltd. (TSE:NVA) issued its quarterly earnings results on Thursday, August, 8th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.18. The firm had revenue of $323.35 million for the quarter, compared to analysts' expectations of $312 million. NuVista Energy had a trailing twelve-month return on equity of 16.18% and a net margin of 28.29%.

How do I buy shares of NuVista Energy?

Shares of NVA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of NuVista Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NuVista Energy investors own include MEG Energy (MEG), Whitecap Resources (WCP), Baytex Energy (BTE), Surge Energy (SGY), TORC Oil & Gas Ltd. (TOG.TO) (TOG), Tamarack Valley Energy (TVE) and Crescent Point Energy (CPG).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 9/17/2024
• Next Earnings (Estimated): 11/13/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Precious Metals
• Current Symbol: TSE:NVA
• CUSIP: N/A
• CIK: N/A
• Web: www.nuvistaenergy.com
• Phone: +1-403-5388500
• Fax: N/A
• Employees: 88
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$15.93
• High Stock Price Target: C$20.00
• Low Stock Price Target: C$14.00
• Potential Upside/Downside: +38.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.61
• Trailing P/E Ratio: 7.17
• Forward P/E Ratio: 10.65
• P/E Growth: 0.59
• Net Income: C$346.58 million
• Net Margins: 28.29%
• Pretax Margin: N/A
• Return on Equity: 16.18%
• Return on Assets: 9.79%

Debt

• Debt-to-Equity Ratio: 15.03
• Current Ratio: 0.90
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: C$1.23 billion
• Price / Sales: 1.93
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$10.83 per share
• Price / Book: 1.07

Miscellaneous

• Outstanding Shares: 206,070,000
• Free Float: N/A
• Market Cap: C$2.38 billion
• Optionable: Not Optionable
• Beta: 2.61