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Nuvista Energy Ltd(NVA-T)
TSX

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GlobeNewswire
NuVista Energy Ltd. Announces Record Year End 2023 Reserves, Financial and Operating Results
GlobeNewswire
NuVista Energy Ltd. Announces Record Quarterly Production and Record Return of Capital to Shareholders

Profile

NuVista Energy Ltd engages in the exploration, delineation, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the portion of hydrocarbon production for NuVista. To improve service assets and production in this area, the firm operates compressor and dehydration stations.