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NuVista Energy

TSX:NVA
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NVA
TSX
CA$115M
Market Cap
  1. Home
  2. CA
  3. Energy
Company description

NuVista Energy Ltd., an oil and natural gas company, engages in the exploration, development, delineation, and production of condensate, and oil and natural gas reserves in the Western Canadian Sedimentary Basin in Canada. The last earnings update was 25 days ago. More info.


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  • NuVista Energy has significant price volatility in the past 3 months.
NVA Share Price and Events
7 Day Returns
30.3%
TSX:NVA
15.2%
CA Oil and Gas
11.4%
CA Market
1 Year Returns
-90%
TSX:NVA
-41.5%
CA Oil and Gas
-22%
CA Market
NVA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NuVista Energy (NVA) 30.3% -78.4% -86.5% -90% -93% -94.4%
CA Oil and Gas 15.2% -37.6% -42.4% -41.5% -49.8% -53.6%
CA Market 11.4% -22.2% -23.5% -22% -19.8% -13.3%
1 Year Return vs Industry and Market
  • NVA underperformed the Oil and Gas industry which returned -41.5% over the past year.
  • NVA underperformed the Market in Canada which returned -22% over the past year.
Price Volatility
NVA
Industry
5yr Volatility vs Market

Value

 Is NuVista Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NuVista Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NuVista Energy.

TSX:NVA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:NVA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.825 (1 + (1- 26.5%) (558.3%))
3.152
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (2 * 5.44%)
12.32%

Discounted Cash Flow Calculation for TSX:NVA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NuVista Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSX:NVA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 12.32%)
2020 -24.78 Analyst x9 -22.06
2021 -29.50 Analyst x8 -23.38
2022 28.00 Analyst x1 19.76
2023 60.00 Analyst x1 37.70
2024 88.38 Est @ 47.3% 49.44
2025 118.02 Est @ 33.54% 58.78
2026 146.24 Est @ 23.91% 64.84
2027 171.34 Est @ 17.17% 67.64
2028 192.68 Est @ 12.45% 67.72
2029 210.30 Est @ 9.15% 65.81
Present value of next 10 years cash flows CA$386.00
TSX:NVA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$210.30 × (1 + 1.44%) ÷ (12.32% – 1.44%)
CA$1,960.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$1,960.74 ÷ (1 + 12.32%)10
CA$613.55
TSX:NVA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$386.00 + CA$613.55
CA$999.55
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$999.55 / 225.60
CA$4.43
TSX:NVA Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$4.43
Current discount Discount to share price of CA$0.43
= -1 x (CA$0.43 - CA$4.43) / CA$4.43
90.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price NuVista Energy is available for.
Intrinsic value
>50%
Share price is CA$0.43 vs Future cash flow value of CA$4.43
Current Discount Checks
For NuVista Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • NuVista Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • NuVista Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NuVista Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NuVista Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:NVA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.28
TSX:NVA Share Price ** TSX (2020-03-27) in CAD CA$0.43
Canada Oil and Gas Industry PE Ratio Median Figure of 55 Publicly-Listed Oil and Gas Companies 6.35x
Canada Market PE Ratio Median Figure of 499 Publicly-Listed Companies 10.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NuVista Energy.

TSX:NVA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:NVA Share Price ÷ EPS (both in CAD)

= 0.43 ÷ -0.28

-1.52x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NuVista Energy is loss making, we can't compare its value to the CA Oil and Gas industry average.
  • NuVista Energy is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does NuVista Energy's expected growth come at a high price?
Raw Data
TSX:NVA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
113.9%per year
Canada Oil and Gas Industry PEG Ratio Median Figure of 29 Publicly-Listed Oil and Gas Companies -0.04x
Canada Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 0.69x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NuVista Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NuVista Energy's assets?
Raw Data
TSX:NVA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$5.98
TSX:NVA Share Price * TSX (2020-03-27) in CAD CA$0.43
Canada Oil and Gas Industry PB Ratio Median Figure of 198 Publicly-Listed Oil and Gas Companies 0.38x
Canada Market PB Ratio Median Figure of 2,352 Publicly-Listed Companies 1x
TSX:NVA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:NVA Share Price ÷ Book Value per Share (both in CAD)

= 0.43 ÷ 5.98

0.07x

* Primary Listing of NuVista Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NuVista Energy is good value based on assets compared to the CA Oil and Gas industry average.
X
Value checks
We assess NuVista Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. NuVista Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is NuVista Energy expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
113.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NuVista Energy expected to grow at an attractive rate?
  • NuVista Energy's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • NuVista Energy's earnings growth is expected to exceed the Canada market average.
  • NuVista Energy's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:NVA Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:NVA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 113.9%
TSX:NVA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 11.6%
Canada Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average -3.9%
Canada Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 7.7%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:NVA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:NVA Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 360
2022-12-31 278
2021-12-31 674 186 151 3
2020-12-31 597 199 83 3
2020-03-28
TSX:NVA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 533 264 -64
2019-09-30 525 254 70
2019-06-30 545 257 81
2019-03-31 546 239 78
2018-12-31 540 251 136
2018-09-30 528 290 67
2018-06-30 463 277 59
2018-03-31 407 254 78
2017-12-31 366 225 94
2017-09-30 313 168 61
2017-06-30 297 152 67
2017-03-31 280 137 34

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NuVista Energy's earnings are expected to grow significantly at over 20% yearly.
  • NuVista Energy's revenue is expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:NVA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from NuVista Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:NVA Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.29 0.29 0.29 1.00
2022-12-31 0.09 0.09 0.09 1.00
2021-12-31 -0.11 0.00 -0.18 4.00
2020-12-31 -0.06 0.09 -0.19 4.00
2020-03-28
TSX:NVA Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.28
2019-09-30 0.31
2019-06-30 0.37
2019-03-31 0.38
2018-12-31 0.71
2018-09-30 0.38
2018-06-30 0.34
2018-03-31 0.45
2017-12-31 0.54
2017-09-30 0.35
2017-06-30 0.40
2017-03-31 0.21

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if NuVista Energy will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess NuVista Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NuVista Energy has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has NuVista Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NuVista Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NuVista Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare NuVista Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NuVista Energy's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
NuVista Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NuVista Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:NVA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 533.43 -63.83 23.05
2019-09-30 524.67 69.81 21.29
2019-06-30 545.03 80.93 20.84
2019-03-31 546.14 77.95 22.47
2018-12-31 539.58 136.25 22.58
2018-09-30 527.66 66.81 24.83
2018-06-30 462.78 58.98 25.17
2018-03-31 407.00 78.42 23.97
2017-12-31 365.60 94.37 23.35
2017-09-30 312.94 60.85 21.74
2017-06-30 296.67 67.30 21.40
2017-03-31 280.26 34.21 21.51
2016-12-31 255.39 -1.65 21.71
2016-09-30 236.16 -71.86 22.09
2016-06-30 225.47 -148.78 22.85
2016-03-31 220.48 -162.81 23.78
2015-12-31 218.92 -172.93 25.06
2015-09-30 232.18 -146.33 25.21
2015-06-30 239.22 -71.70 21.09
2015-03-31 229.76 -62.18 28.57
2014-12-31 236.92 -58.88 30.21
2014-09-30 221.02 -63.81 29.52
2014-06-30 215.02 -65.90 37.18
2014-03-31 217.07 -61.44 30.17
2013-12-31 192.52 -61.14 29.84
2013-09-30 184.71 -72.78 23.04
2013-06-30 184.24 -118.09 28.57
2013-03-31 187.90 -196.11 26.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if NuVista Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if NuVista Energy has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if NuVista Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NuVista Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NuVista Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is NuVista Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NuVista Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NuVista Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • NuVista Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of NuVista Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NuVista Energy Company Filings, last reported 2 months ago.

TSX:NVA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,348.76 523.05
2019-09-30 1,376.53 573.33
2019-06-30 1,382.27 548.68
2019-03-31 1,370.99 542.91
2018-12-31 1,405.02 473.29
2018-09-30 1,298.88 493.35
2018-06-30 900.49 228.52
2018-03-31 888.77 215.21 5.45
2017-12-31 863.58 193.41
2017-09-30 823.97 216.97
2017-06-30 825.23 160.48
2017-03-31 795.89 128.24
2016-12-31 756.03 67.16 5.34
2016-09-30 653.54 146.29
2016-06-30 648.18 156.29
2016-03-31 633.35 230.62
2015-12-31 629.64 196.73
2015-09-30 697.33 172.76
2015-06-30 770.71 153.43
2015-03-31 681.96 232.54
2014-12-31 687.65 171.97
2014-09-30 726.40 169.76
2014-06-30 698.78 158.38
2014-03-31 705.30 86.95
2013-12-31 707.80 0.00 2.49
2013-09-30 646.34 99.39
2013-06-30 647.45 95.89
2013-03-31 653.36 55.75
  • NuVista Energy's level of debt (38.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (25.1% vs 38.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if NuVista Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess NuVista Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NuVista Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is NuVista Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NuVista Energy dividends. Estimated to be 0% next year.
If you bought CA$2,000 of NuVista Energy shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NuVista Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NuVista Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:NVA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Canada Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:NVA Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 2.00
2020-12-31 0.00 3.00
2020-03-28
TSX:NVA Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2012-11-07 0.000 0.000
2012-08-09 0.000 0.000
2012-05-07 0.000 0.000
2012-05-04 0.000 0.000
2012-03-05 0.000 0.000
2011-11-10 0.000 0.000
2011-08-10 0.000 0.000
2011-08-04 0.000 0.000
2011-02-15 0.000 0.000
2010-11-11 0.000 0.000
2010-08-13 0.200 1.956
2010-05-13 0.200 1.787
2010-03-31 0.200 1.662

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NuVista Energy has not reported any payouts.
  • Unable to verify if NuVista Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NuVista Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NuVista Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of NuVista Energy's dividends in 3 years as they are not expected to pay a notable one for Canada.
X
Income/ dividend checks
We assess NuVista Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NuVista Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NuVista Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of NuVista Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jonathan Wright
COMPENSATION CA$2,258,232
AGE 53
TENURE AS CEO 8.8 years
CEO Bio

Mr. Jonathan Andrew Wright, P. Eng. has been the Chief Executive Officer and President at NuVista Energy Ltd. since May 09, 2011. Mr. Wright served as Vice President at Talisman Energy Inc. He has more than 22 years' experience in the oil and gas industry. He has held various progressively more responsible roles both domestically and abroad with Talisman Energy Ltd., and served as a Senior Vice-President of Talisman's North American Conventional Production Division which produces approximately ½ of Talisman's North American production. Prior to joining Talisman in 1995, he spent six years with Shell Canada Ltd. in various operations and business development roles. He has been a Non-Independent Director of NuVista Energy Ltd. since May 12, 2011. Mr. Wright possesses both a Master and a Bachelor of Science Degree in Mechanical Engineering (with great distinction) from the University of Saskatchewan, where he earned, among other awards, the Canadian Governor General’s Gold Medal for being the Outstanding University Post-Graduate for his pursuit in hydraulics and computer controls.

CEO Compensation
  • Jonathan's compensation has increased whilst company is loss making.
  • Jonathan's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the NuVista Energy management team in years:

7.2
Average Tenure
  • The average tenure for the NuVista Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jonathan Wright

TITLE
President
COMPENSATION
CA$2M
AGE
53
TENURE
8.8 yrs

Ross Andreachuk

TITLE
VP of Finance
COMPENSATION
CA$1M
TENURE
5.5 yrs

Mike Lawford

TITLE
Chief Operating Officer
COMPENSATION
CA$1M
TENURE
2.3 yrs

Kevin Asman

TITLE
Vice President of Marketing
COMPENSATION
CA$1M
TENURE
10.2 yrs

Chris LeGrow

TITLE
Vice President of Development and Planning
Board of Directors Tenure

Average tenure and age of the NuVista Energy board of directors in years:

7.9
Average Tenure
62
Average Age
  • The tenure for the NuVista Energy board of directors is about average.
Board of Directors

Keith A. MacPhail

TITLE
Independent Chairman of the Board
COMPENSATION
CA$175K
AGE
62
TENURE
16.8 yrs

Jonathan Wright

TITLE
President
COMPENSATION
CA$2M
AGE
53
TENURE
8.8 yrs

Grant Zawalsky

TITLE
Independent Director
COMPENSATION
CA$128K
AGE
59
TENURE
16.8 yrs

Pentti Karkkainen

TITLE
Lead Director
COMPENSATION
CA$138K
AGE
64

Debbie Stein

TITLE
Independent Director
COMPENSATION
CA$136K
AGE
58
TENURE
3.6 yrs

Ron Poelzer

TITLE
Independent Director
COMPENSATION
CA$136K
AGE
57
TENURE
16.8 yrs

Ron Eckhardt

TITLE
Independent Director
COMPENSATION
CA$119K
AGE
64
TENURE
7 yrs

Sheldon Steeves

TITLE
Independent Director
COMPENSATION
CA$123K
AGE
65
TENURE
7 yrs

Brian Shaw

TITLE
Independent Director
COMPENSATION
CA$119K
AGE
65
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by NuVista Energy individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Mar 20 Buy Kevin Asman Individual 20. Mar 20 20. Mar 20 30,000 CA$0.34 CA$10,200
20. Mar 20 Buy Jonathan Wright Individual 19. Mar 20 19. Mar 20 70,000 CA$0.28 CA$19,250
20. Mar 20 Buy Ronald J. Poelzer Individual 18. Mar 20 18. Mar 20 1,500,000 CA$0.25 CA$375,001
19. Mar 20 Buy Jonathan Wright Individual 18. Mar 20 18. Mar 20 198,000 CA$0.28 CA$51,012
17. Mar 20 Buy Pentti Karkkainen Individual 17. Mar 20 17. Mar 20 50,000 CA$0.39 CA$19,375
10. Mar 20 Buy Michael Lawford Individual 09. Mar 20 09. Mar 20 10,000 CA$1.10 CA$11,000
10. Mar 20 Buy Ross Andreachuk Individual 09. Mar 20 09. Mar 20 19,500 CA$1.01 CA$19,598
10. Mar 20 Buy Pentti Karkkainen Individual 09. Mar 20 09. Mar 20 24,000 CA$1.10 CA$26,400
27. Feb 20 Sell Thomas Claugus Individual 25. Feb 20 26. Feb 20 -25,600 CA$2.12 CA$-53,196
27. Feb 20 Sell GMT Capital Corp. Company 25. Feb 20 26. Feb 20 -600,000 CA$2.12 CA$-1,246,829
06. Feb 20 Sell Thomas Claugus Individual 04. Feb 20 05. Feb 20 -8,500 CA$2.11 CA$-17,862
06. Feb 20 Sell GMT Capital Corp. Company 04. Feb 20 05. Feb 20 -200,000 CA$2.11 CA$-420,235
30. Jan 20 Buy Thomas Claugus Individual 28. Jan 20 28. Jan 20 11,600 CA$2.42 CA$28,120
30. Jan 20 Buy GMT Capital Corp. Company 27. Jan 20 28. Jan 20 300,000 CA$2.42 CA$727,232
21. Jan 20 Buy Thomas Claugus Individual 21. Jan 20 21. Jan 20 19,300 CA$2.67 CA$51,472
21. Jan 20 Buy GMT Capital Corp. Company 21. Jan 20 21. Jan 20 500,000 CA$2.67 CA$1,333,466
08. Jan 20 Buy Thomas Claugus Individual 08. Jan 20 08. Jan 20 19,400 CA$3.18 CA$61,685
08. Jan 20 Buy GMT Capital Corp. Company 08. Jan 20 08. Jan 20 502,500 CA$3.18 CA$1,597,768
26. Dec 19 Buy Keith A. MacPhail Individual 19. Dec 19 19. Dec 19 50,000 CA$3.14 CA$157,000
19. Dec 19 Buy Thomas Claugus Individual 16. Dec 19 18. Dec 19 7,000 CA$2.96 CA$20,197
19. Dec 19 Buy GMT Capital Corp. Company 16. Dec 19 18. Dec 19 179,200 CA$2.96 CA$516,967
12. Dec 19 Sell GMT Capital Corp. Company 09. Dec 19 11. Dec 19 -118,250 CA$2.75 CA$-318,334
22. Nov 19 Buy Thomas Claugus Individual 22. Nov 19 22. Nov 19 7,600 CA$2.46 CA$18,694
22. Nov 19 Buy GMT Capital Corp. Company 22. Nov 19 22. Nov 19 197,600 CA$2.46 CA$486,038
25. Oct 19 Buy Thomas Claugus Individual 23. Oct 19 24. Oct 19 19,200 CA$1.62 CA$30,504
25. Oct 19 Buy GMT Capital Corp. Company 23. Oct 19 24. Oct 19 500,000 CA$1.62 CA$794,479
03. Oct 19 Sell GMT Capital Corp. Company 02. Oct 19 02. Oct 19 -81,180 CA$1.64 CA$-133,135
18. Sep 19 Buy Thomas Claugus Individual 18. Sep 19 18. Sep 19 26,500 CA$2.48 CA$65,765
18. Sep 19 Buy GMT Capital Corp. Company 18. Sep 19 18. Sep 19 600,000 CA$2.48 CA$1,489,029
16. Sep 19 Buy Thomas Claugus Individual 16. Sep 19 16. Sep 19 26,600 CA$2.50 CA$66,613
16. Sep 19 Buy GMT Capital Corp. Company 16. Sep 19 16. Sep 19 600,030 CA$2.50 CA$1,502,625
29. Aug 19 Buy Ronald J. Poelzer Individual 28. Aug 19 28. Aug 19 400,000 CA$1.45 CA$580,000
19. Aug 19 Buy Jonathan Wright Individual 16. Aug 19 16. Aug 19 10,000 CA$1.65 CA$16,500
04. Jul 19 Buy Christopher LeGrow Individual 03. Jul 19 04. Jul 19 5,000 CA$2.51 CA$12,539
17. Jun 19 Buy Ross Andreachuk Individual 14. Jun 19 14. Jun 19 19,000 CA$2.52 CA$47,880
29. May 19 Buy Michael Lawford Individual 28. May 19 28. May 19 4,250 CA$3.18 CA$13,515
25. May 19 Buy Jonathan Wright Individual 23. May 19 23. May 19 3,150 CA$3.12 CA$9,828
21. May 19 Buy Jonathan Wright Individual 17. May 19 17. May 19 4,250 CA$3.60 CA$15,300
13. May 19 Buy Michael Lawford Individual 13. May 19 13. May 19 4,000 CA$3.51 CA$14,040
29. Mar 19 Buy Deborah Stein Individual 29. Mar 19 29. Mar 19 1,900 CA$4.25 CA$8,075
X
Management checks
We assess NuVista Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NuVista Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The Independent Director of NuVista Energy Ltd. (TSE:NVA), Ronald J. Poelzer, Just Bought 10.1% More Shares

Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. … These transactions suggest that insiders have considered the current price attractive. … Our data indicates that NuVista Energy insiders own about CA$13m worth of shares (which is 3.5% of the company).

Simply Wall St -

How Should Investors React To NuVista Energy Ltd.'s (TSE:NVA) CEO Pay?

See our latest analysis for NuVista Energy How Does Jonathan Wright's Compensation Compare With Similar Sized Companies? … pays Jonathan Wright more than the median CEO remuneration at companies of a similar size, in the same market. … We compared total CEO remuneration at NuVista Energy Ltd.

Simply Wall St -

A Sliding Share Price Has Us Looking At NuVista Energy Ltd.'s (TSE:NVA) P/E Ratio

And as that P/E ratio drops, the company will look cheap, unless its share price increases. … Most would be impressed by NuVista Energy earnings growth of 10% in the last year. … The Verdict On NuVista Energy's P/E Ratio NuVista Energy trades on a P/E ratio of 4.5, which is below the CA market average of 13.8.

Simply Wall St -

Here's What NuVista Energy Ltd.'s (TSE:NVA) P/E Ratio Is Telling Us

We'll apply a basic P/E ratio analysis to NuVista Energy Ltd.'s (TSE:NVA), to help you decide if the stock is worth further research. … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for NuVista Energy: P/E of 7.1 = CA$2.72 ÷ CA$0.38 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … TSX:NVA Price Estimation Relative to Market, August 1st 2019 Its relatively low P/E ratio indicates that NuVista Energy shareholders think it will struggle to do as well as other companies in its industry classification.

Simply Wall St -

One Thing To Remember About The NuVista Energy Ltd. (TSE:NVA) Share Price

Given that it has a beta of 1.74, we can surmise that the NuVista Energy share price has been fairly sensitive to market volatility (over the last 5 years). … If this beta value holds true in the future, NuVista Energy shares are likely to rise more than the market when the market is going up, but fall faster when the market is going down. … What this means for you: Since NuVista Energy has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Do Institutions Own NuVista Energy Ltd. (TSE:NVA) Shares?

NuVista Energy is a smaller company with a market capitalization of CA$568m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for NuVista Energy TSX:NVA Ownership Summary, July 5th 2019 What Does The Institutional Ownership Tell Us About NuVista Energy? … As you can see, institutional investors own 47% of NuVista Energy.

Simply Wall St -

Is NuVista Energy Ltd.'s (TSE:NVA) Growth Strong Enough To Justify Its June Share Price?

If you are bullish about NuVista Energy's growth potential then you are certainly not alone. … However, seeing as NuVista Energy is perceived as a high-growth stock, we must also account for its earnings growth, which is captured in the PEG ratio. … This tells us that when we include its growth in our analysis NuVista Energy's stock can be considered relatively cheap , based on the fundamentals.

Simply Wall St -

Are NuVista Energy Ltd.’s (TSE:NVA) Returns On Investment Worth Your While?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for NuVista Energy: 0.064 = CA$136m ÷ (CA$2.2b - CA$110m) (Based on the trailing twelve months to March 2019.) So, NuVista Energy has an ROCE of 6.4%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise. … NuVista Energy reports few current liabilities, which have a negligible impact on its unremarkable ROCE.

Simply Wall St -

Investors Who Bought NuVista Energy (TSE:NVA) Shares Five Years Ago Are Now Down 68%

And we doubt long term believers are the only worried holders, since the stock price has declined 64% over the last twelve months. … See our latest analysis for NuVista Energy To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

Simply Wall St -

Do You Like NuVista Energy Ltd. (TSE:NVA) At This P/E Ratio?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Looking at earnings over the last twelve months, NuVista Energy has a P/E ratio of 6.31. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

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

Details
Name: NuVista Energy Ltd.
NVA
Exchange: TSX
Founded: 2003
CA$115,055,859
225,599,725
Website: http://www.nuvistaenergy.com
Address: NuVista Energy Ltd.
525–8th Ave SW,
Suite 2500,
Calgary,
Alberta, T2P 1G1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX NVA Voting Common Shares The Toronto Stock Exchange CA CAD 07. Jul 2003
OTCPK NUVS.F Voting Common Shares Pink Sheets LLC US USD 07. Jul 2003
DB NVG Voting Common Shares Deutsche Boerse AG DE EUR 07. Jul 2003
Number of employees
Current staff
Staff numbers
84
NuVista Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/28 02:47
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2020/03/03
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.