SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (174633)8/16/2024 8:54:10 PM
From: Goose94Read Replies (1) | Respond to of 201982
 
NuVista Energy (NVA-T) top pick from Eric Nuttall on BNN.ca Market Call Friday August 16th 2024

Nuvista is growing production from 85,000boe/d to 120,000boe/d by 2027 at which point it has the inventory depth to keep production flat for 20-25 years. Trading at a 2025/2026 FCF yield of 11 per cent/16 per cent and returning 75 per cent of free cash flow back to shareholders, we see the compounding effect of meaningful share buybacks compressing its trading multiple and forcing a re-rating closer to five times. Our one and two-year target is $20.60/$26.70 = 53 per cent/99 per cent potential upside.