NuVista Energy - NVA Stock Forecast, Price & News

NuVista Energy Ltd., an oil and natural gas company, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. It primarily focuses on the condensate rich Montney formation in the Wapiti area of the Alberta Deep Basin. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. National Bankshares reduced their price objective on NuVista Energy from C$19.00 to C$16.50 and set a "sector perform" rating on the stock in a research note on Monday, July 18th. Stifel Nicolaus cut their target price on NuVista Energy from C$15.50 to C$14.75 in a research report on Thursday, August 4th. CIBC lowered their price target on NuVista Energy from C$18.00 to C$15.00 in a research report on Wednesday, July 13th. Cormark boosted their price objective on shares of NuVista Energy from C$18.00 to C$19.00 and gave the company a "buy" rating in a research report on Thursday, August 4th. Finally, Scotiabank raised their target price on shares of NuVista Energy from C$14.50 to C$15.50 in a report on Thursday, May 12th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of C$13.39.

NuVista Energy Trading Down 1.0 %

NVA traded down C$0.11 on Monday, reaching C$10.81. 698,430 shares of the company traded hands, compared to its average volume of 1,307,135. The company has a market cap of C$2.47 billion and a P/E ratio of 7.56. The company has a quick ratio of 0.60, a current ratio of 0.61 and a debt-to-equity ratio of 23.86. NuVista Energy has a one year low of C$2.90 and a one year high of C$14.29. The firm has a fifty day simple moving average of C$10.70 and a two-hundred day simple moving average of C$10.72.

NuVista Energy (TSE:NVA - Get Rating) last issued its earnings results on Wednesday, August 3rd. The company reported C$0.74 EPS for the quarter, topping analysts' consensus estimates of C$0.46 by C$0.28. The company had revenue of C$463.27 million for the quarter. As a group, equities research analysts expect that NuVista Energy will post 2.7899999 earnings per share for the current year.

Insider Buying and Selling at NuVista Energy

In other NuVista Energy news, Senior Officer Michael Lawford acquired 10,000 shares of the stock in a transaction that occurred on Thursday, June 2nd. The stock was bought at an average cost of C$8.53 per share, with a total value of C$85,300.00. Following the completion of the purchase, the insider now directly owns 200,325 shares in the company, valued at C$1,708,772.25. In other news, Senior Officer Ross Lloyd Andreachuk sold 51,610 shares of NuVista Energy stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of C$12.20, for a total value of C$629,642.00. Following the transaction, the insider now directly owns 184,132 shares in the company, valued at approximately C$2,246,410.40. Also, Senior Officer Michael Lawford purchased 10,000 shares of NuVista Energy stock in a transaction dated Thursday, June 2nd. The stock was bought at an average cost of C$8.53 per share, with a total value of C$85,300.00. Following the completion of the transaction, the insider now owns 200,325 shares in the company, valued at approximately C$1,708,772.25. Insiders sold a total of 247,837 shares of company stock valued at $2,984,525 in the last ninety days.