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Last C$5.53 CAD
Change Today +0.055 / 1.01%
Volume 39.4K
As of 10:58 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

nuvista energy ltd (NVA) Snapshot

Open
C$5.31
Previous Close
C$5.47
Day High
C$5.54
Day Low
C$5.31
52 Week High
09/4/14 - C$11.32
52 Week Low
08/24/15 - C$4.01
Market Cap
846.8M
Average Volume 10 Days
1.0M
EPS TTM
C$-0.04
Shares Outstanding
153.3M
EX-Date
03/29/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NUVISTA ENERGY LTD (NVA)

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nuvista energy ltd (NVA) Details

NuVista Energy Ltd., an independent oil and natural gas company, explores for, develops, and produces oil and natural gas reserves in Canada. It primarily focuses on the condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin. The company also holds other properties located in west Central Alberta and northeast British Columbia; Oyen region located southeast of Calgary; and northwestern Alberta, as well as properties located north of Calgary. NuVista Energy Ltd. was founded in 2003 and is headquartered in Calgary, Canada.

102 Employees
Last Reported Date: 03/9/15
Founded in 2003

nuvista energy ltd (NVA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$455.0K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$244.1K
Vice President of Operations
Total Annual Compensation: C$264.8K
Vice President of Development
Total Annual Compensation: C$265.2K
Vice President of Marketing
Total Annual Compensation: C$231.5K
Compensation as of Fiscal Year 2014.

nuvista energy ltd (NVA) Key Developments

NuVista Energy Ltd. Reports Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Production Guidance for the Third Quarter, Fourth Quarter and Full Year 2015; Reaffirms Capital Expenditure Guidance for the Year 2015

NuVista Energy Ltd. reported earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported oil and natural gas revenue of $57.502 million compared to $51.734 million a year ago. Funds from operations were $30.306 million or $0.20 per basic and diluted share compared to $15.053 million or $0.11 per basic and diluted share a year ago. Net loss was $21.357 million or $0.14 per basic and diluted share compared to $11.837 million or $0.09 per basic and diluted share a year ago. Adjusted net loss was $2.755 million or $0.02 per basic and diluted share compared to $5.509 million or $0.04 per basic and diluted share a year ago. Capital expenditures were $53.759 million compared to $61.839 million a year ago. For the six months, the company reported oil and natural gas revenue of $115.429 million compared to $120.631 million a year ago. Funds from operations were $60.623 million or $0.42 per basic and diluted share compared to $45.946 million or $0.34 per basic and diluted share a year ago. Net loss was $29.016 million or $0.20 per basic and diluted share compared to $16.195 million or $0.12 per basic and diluted share a year ago. Adjusted net loss was $3.036 million or $0.02 per basic and diluted share compared to $2.842 million or $0.02 per basic and diluted share a year ago. Capital expenditures were $161.075 million compared to $188.408 million a year ago. Net debt as at June 30, 2015 was $169.417 million compared to $186.319 million a year ago. For the quarter, the company reported production of total oil equivalent of 21,448 Boe/d against 14,493 Boe/d a year ago. For the six months, the company reported production of total oil equivalent of 22,326 Boe/d against 16,148 Boe/d a year ago. The company has elected to maintain 2015 capital budget unchanged in the range of $270 to $290 million. The company anticipates production in the range of 21,250 to 22,000 Boe/d for the third quarter of 2015 inclusive of the assumption of an impact of -1,000 Boe/d due to the Alliance outage. For the fourth quarter of 2015, the company anticipates production in the range of 23,250 to 24,000 Boe/d. There is no change to 2015 annual production guidance range of 22,500 to 24,000 Boe/d despite the significant outages in downstream takeaway capacity, and the sale of assets in 2015 with associated production of approximately 350 Boe/d. However the company anticipates that as a result of the downstream issues noted, annual production will be near the lower end of the guidance range. The company re-affirms that current 2015 and 2016 production estimates in this commodity price environment are forecast to be sufficient to fulfill substantially all Take-or-Pay obligations with midstream companies due to the flexible terms which have put in place previously.

SemCAMS Announces 10-Year Term Transportation Service Agreement with NuVista Energy Inc

SemCAMS announced the startup of a new, sour gas gathering line servicing the Wapiti area. The pipeline was officially placed into service on June 27, 2015. As previously announced in May 2014, the project is supported by a 10-year term transportation service agreement with NuVista Energy Inc.

NuVista Energy Ltd. Announces Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Second Quarter and Full Year of 2015

NuVista Energy Ltd. announced earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported oil and natural gas revenue of $59,927,000 against $68,897,000 a year ago. Funds from operations were $30,317,000 against $30,893,000 a year ago. Net loss was $7,659,000 against $4,358,000 a year ago. Net loss per basic and diluted share was $0.06 against $0.03 a year ago. Funds from operations per basic and diluted share were $0.22 against $0.23 a year ago. Adjusted net loss was $83,000 against adjusted net income of $2,667,000 a year ago. Adjusted net earnings per basic and diluted share were $0.00 against $0.02 a year ago. Capital expenditures were $107,316,000 against $126,569,000 a year ago. Net debt was $260,087,000 as on March 31, 2015. For the quarter, the company reported production of total oil equivalent of 23,215 Boe/d against 17,823 Boe/d a year ago. The company announced in early 2015 that it had elected to revise 2015 capital budget to a range of $270 to $290 million, which is reduced and high-graded from the original capital budget of $340 to $380 million announced in November of 2014. Spending for the first half of 2015 will be approximately 55 to 60% of the annual total. The company elected to maintain 2015 capital spending guidance at this time at $270 - $290 million. The production guidance range for 2015 is unchanged at 22,500 to 24,000 Boe/d. The company anticipates production in the range of 21,000 to 22,000 Boe/d for the second quarter of 2015. This is a slight reduction as planned, in comparison to the first quarter of 2015, due to temporary spring breakup conditions and approximately 750 Boe/d of production interruption due to ongoing TransCanada Pipeline.

 

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Price/Sales 3.3x
Price/Book 1.1x
Price/Cash Flow 19.2x
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