NuVista Energy ( (TSE:NVA) ) has shared an update.
NuVista Energy Ltd. reported record reserves and strong financial results for the year ending December 31, 2024, with significant growth in production and reserves. The company achieved its highest-ever annual average production, increased capital expenditures, and maintained a strong financial position with low net debt. NuVista also expanded its natural gas portfolio by adding LNG sales and was recognized as part of the TSX30 for the third consecutive year, ranking sixth overall.
More about NuVista Energy
NuVista Energy Ltd. operates in the energy sector, focusing on the exploration and production of natural gas and condensate. The company is primarily active in the Lower Montney region and is expanding its operations in the Gold Creek area, aiming to increase production to 125,000 Boe/d.
YTD Price Performance: -20.45%
Average Trading Volume: 163,562
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.58B
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