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NuVista Energy Ltd (NVA.TO)

NVA.TO on Toronto Stock Exchange

6.01CAD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Nuvista Energy Q4 FFO per share C$0.24
Wednesday, 8 Mar 2017 01:35am EST 

Nuvista Energy Ltd : Q4 FFO per share C$0.24 . will continue drilling with five rigs until spring breakup and then reduce to approximately three rigs in operation for second half of 2017 . expect 2017 capital expenditures to be at higher end of our existing capital spending guidance range of $260 - $300 million . Says production for Q4 of 2016 was 24,716 BOE/D, an increase of 6% . Q1 production is expected to be at or slightly below lower end of previous guidance range . Sees annual 2017 production guidance is 28,000 - 31,000 BOE/D. .Says achieved funds from operations of $40.7 million ($0.24/share, basic and diluted) for Q4 of 2016.  Full Article

Nuvista Energy Q4 FFO per share C$17.90
Tuesday, 7 Mar 2017 08:56pm EST 

Nuvista Energy Ltd : Q4 FFO per share C$17.90 . will continue drilling with five rigs until spring breakup and then reduce to approximately three rigs in operation for second half of 2017 . expect 2017 capital expenditures to be at higher end of our existing capital spending guidance range of $260 - $300 million . Says production for Q4 of 2016 was 24,716 BOE/D, an increase of 6% . Q1 production is expected to be at or slightly below lower end of previous guidance range . Sees annual 2017 production guidance is 28,000 - 31,000 BOE/D. .Says achieved funds from operations of $40.7 million ($0.24/share, basic and diluted) for Q4 of 2016.  Full Article

Nuvista announces Q3 2016 financial and operating results
Monday, 14 Nov 2016 06:00am EST 

Nuvista Energy Ltd - : Nuvista Energy Ltd says achieved funds from operations of $31.2 million or $0.20/share, basic, for Q3 . Says achieved Q3 2016 production of 24,898 boe/d, as compared to 23,451 boe/d in prior quarter . Says exited Q3 of 2016 with credit revolver borrowings of $79.2 million on our bank facility of $200 million . Says production for Q4 of 2016 is anticipated in range of 23,500 to 24,500 boe/d . For 2017, guidance remains as previously announced with capital spending anticipated in range of $260 - $300 million , production expected in range of 28,000 - 31,000 boe/d .Announces third quarter 2016 financial and operating results.  Full Article

Nuvista Energy reports Q3 EPS $0.01
Monday, 14 Nov 2016 06:00am EST 

Nuvista Energy Ltd : Achieved Q3 2016 production of 24,898 BOE/D, as compared to 23,451 BOE/D in prior quarter and 21,622 BOE/D in Q3 of 2015 . Qtrly earnings per share $0.01 . For FY 2017 guidance remains as previously announced . FY2017 earnings per share view c$0.20, revenue view c$356.0 million -- Thomson Reuters I/B/E/S . Qtrly oil and natural gas revenues $65.2 million versus. $54.7 million . Production for Q4 of 2016 is anticipated in range of 23,500 to 24,500 BOE/D . Q4 earnings per share view c$0.04, revenue view c$74.2 million -- Thomson Reuters I/B/E/S .Nuvista energy announces third quarter 2016 financial and operating results.  Full Article

Nuvista Energy Ltd expects production for 2017 to average about 28,000 - 31,000 boe/d
Tuesday, 11 Oct 2016 04:37pm EDT 

Nuvista Energy Ltd : Nuvista Energy Ltd. Provides 5-year plan to 60,000+ boe/d, announces new gas plant agreement, accelerated growth, and $90 million bought deal equity financing . Increasing 2016 capital guidance to a range of $200 to $215 million . Nuvista Energy Ltd - capital spending for 2018 is anticipated to increase 10-15% over 2017 levels . Production is expected to average approximately 28,000 - 31,000 boe/d for 2017 . Nuvista energy -entered agreement as anchor tenant with semcams ulc for firm processing of additional 120 mmcf/d of raw gas . Nuvista energy ltd - based on preliminary 2017 capital spending plans, q4 of 2017 is targeted to average 32,500 - 35,000 boe/d in production . Nuvista energy ltd - production levels are forecast to reach 40,000 boe/d in latter half of 2018. . Nuvista energy ltd - has entered into an agreement with a syndicate of underwriters led by RBC capital markets and peters & co. Limited . Nuvista energy ltd - underwriters have agreed to purchase, on a bought deal basis, 13.1 million common shares at a price of $6.85 per common share . Nuvista energy ltd - net proceeds of offering will initially be used by nuvista to pay down bank indebtedness .Nuvista energy ltd - net proceeds of offering will be redrawn to accelerate development spending in 2016-2017 wapiti montney capital program.  Full Article

Nuvista energy Q2 ffo per share C$0.23
Tuesday, 9 Aug 2016 08:40pm EDT 

Nuvista Energy Ltd : Nuvista energy Ltd. Announces second quarter 2016 financial and operating results . Q2 FFO per share c$0.23 . Re-Affirm our projected 2016 capital spending in range of $165 - $175 million . Qtrly oil and natural gas revenues $57.8 million versus $57.5 million .2016 outlook reaffirmed.  Full Article

NuVista Energy Ltd announces $21.5 mln CDE flow through equity financing
Wednesday, 15 Jun 2016 09:09am EDT 

Nuvista Energy Ltd : Issuance of up to 3.16 million common shares on a "flow-through" basis at a price of $6.65 per share . Proceeds from offering will be used to partially finance co's increased drilling and completion expenditures during remainder of 2016 .Nuvista Energy Ltd. Announces $21.5 million CDE flow through equity financing.  Full Article

Nuvista Energy announces strategic update
Monday, 13 Jun 2016 09:24pm EDT 

Nuvista Energy Ltd : Entered into agreement for divestiture of W6 sweet cretaceous (non-montney) natural gas assets for $70 million in cash . Entered into an agreement to place five-year senior notes in amount of $70 million with Magnetar Capital . Nuvista's borrowing base will be set at $200 million effective July 1, 2016 . Anticipate 2016 production to average in range of 23,500 - 24,500 Boe/D . Guidance for funds from operations for 2016 is increased to a range of $110 - $120 million at strip pricing . 2017 production is expected to average 26,000 Boe/D - 29,000 Boe/D which represents 10% -20% growth per share over 2016 guidance . Current outlook for 2017 spending is in range of $140 - $180 million .Nuvista Energy Ltd announces strategic update.  Full Article

Nuvista Energy announces strategic update
Monday, 13 Jun 2016 06:16pm EDT 

Nuvista Energy Ltd : Entered into agreement for divestiture of W6 sweet cretaceous (non-montney) natural gas assets for $70 million in cash . Entered into an agreement to place five-year senior notes in amount of $70 million with Magnetar Capital . Nuvista's borrowing base will be set at $200 million effective July 1, 2016 . Anticipate 2016 production to average in range of 23,500 - 24,500 Boe/D . Guidance for funds from operations for 2016 is increased to a range of $110 - $120 million at strip pricing . 2017 production is expected to average 26,000 Boe/D - 29,000 Boe/D which represents 10% -20% growth per share over 2016 guidance . Current outlook for 2017 spending is in range of $140 - $180 million .Nuvista Energy Ltd announces strategic update.  Full Article

Nuvista Energy Ltd Q1 FFO per share C$0.20
Wednesday, 11 May 2016 04:21pm EDT 

Nuvista Energy Ltd : Q1 2016 production of 25,484 BOE/D, representing growth of 9% compared to prior quarter . Remain on track with 2016 spending guidance . 2016 guidance reaffirmed . Fy2016 earnings per share view c$-0.18, revenue view c$252.2 million -- Thomson Reuters I/B/E/S . Nuvista energy ltd. Announces first quarter 2016 financial and operating results .Q1 FFO per share c$0.20.  Full Article

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BRIEF-Nuvista Energy Q4 FFO per share C$0.24

* will continue drilling with five rigs until spring breakup and then reduce to approximately three rigs in operation for second half of 2017