DB:NVG

Stock Analysis Report

NuVista Energy

Executive Summary

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.

Snowflake

Fundamentals

Good value with reasonable growth potential.

Share Price & News

How has NuVista Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.9%

NVG

0.4%

DE Oil and Gas

2.4%

DE Market


1 Year Return

-69.2%

NVG

48.6%

DE Oil and Gas

4.9%

DE Market

Return vs Industry: NVG underperformed the German Oil and Gas industry which returned 48.6% over the past year.

Return vs Market: NVG underperformed the German Market which returned 4.9% over the past year.


Shareholder returns

NVGIndustryMarket
7 Day-2.9%0.4%2.4%
30 Day-27.6%3.4%2.3%
90 Day-21.6%10.6%2.7%
1 Year-69.2%-69.2%53.5%48.6%8.2%4.9%
3 Year-73.4%-73.4%39.5%26.2%18.3%8.0%
5 Year-79.9%-79.9%161.3%120.5%44.2%24.6%

Price Volatility Vs. Market

How volatile is NuVista Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is NuVista Energy undervalued compared to its fair value and its price relative to the market?

5.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NVG (€1.32) is trading above our estimate of fair value (€0.93)

Significantly Below Fair Value: NVG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NVG is good value based on its PE Ratio (5.3x) compared to the Oil and Gas industry average (9.5x).

PE vs Market: NVG is good value based on its PE Ratio (5.3x) compared to the German market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: NVG is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: NVG is good value based on its PB Ratio (0.3x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is NuVista Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

27.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVG's forecast earnings growth (27.7% per year) is above the savings rate (0.2%).

Earnings vs Market: NVG's earnings (27.7% per year) are forecast to grow faster than the German market (12.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NVG's revenue (15% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: NVG's revenue (15% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NVG's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

How has NuVista Energy performed over the past 5 years?

57.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NVG has become profitable over the past 5 years, growing earnings by 57.5% per year.

Accelerating Growth: NVG's earnings growth over the past year (37.2%) is below its 5-year average (57.5% per year).

Earnings vs Industry: NVG earnings growth over the past year (37.2%) exceeded the Oil and Gas industry 4.1%.


Return on Equity

High ROE: NVG's Return on Equity (5.9%) is considered low.


Return on Assets

ROA vs Industry: NVG's Return on Assets is below or equal to the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: NVG's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is NuVista Energy's financial position?


Financial Position Analysis

Short Term Liabilities: NVG's short term assets (CA$92.8M) do not cover its short term liabilities (CA$108.2M)

Long Term Liabilities: NVG's short term assets (92.8M) do not cover its long term liabilities (760.9M)


Debt to Equity History and Analysis

Debt Level: NVG's debt to equity ratio (39.7%) is considered satisfactory

Reducing Debt: NVG's debt to equity ratio has increased from 22.7% to 39.7% over the past 5 years.

Debt Coverage: NVG's debt is well covered by operating cash flow (46.8%).

Interest Coverage: NVG's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet

Inventory Level: NVG has a high level of physical assets or inventory.

Debt Coverage by Assets: NVG's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate NVG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NVG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if NVG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NVG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NVG is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NVG's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

Jonathan Wright (53yo)

8.4yrs

Tenure

CA$2,258,232

Compensation

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 tha ...


CEO Compensation Analysis

Compensation vs. Market: Jonathan's total compensation ($USD1.73M) is about average for companies of similar size in the German market ($USD810.60K).

Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.


Management Age and Tenure

6.8yrs

Average Tenure

Experienced Management: NVG's management team is seasoned and experienced (6.8 years average tenure).


Board Age and Tenure

7.5yrs

Average Tenure

62yo

Average Age

Experienced Board: NVG's board of directors are considered experienced (7.5 years average tenure).


Insider Trading

Insider Buying: NVG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellCA$91,43803 Oct 19
GMT Capital Corp.
EntityCompany
Shares81,180
Max PriceCA$1.13
BuyCA$44,79318 Sep 19
Thomas Claugus
EntityIndividual
Shares26,500
Max PriceCA$1.69
BuyCA$1,014,17618 Sep 19
GMT Capital Corp.
EntityCompany
Shares600,000
Max PriceCA$1.69
BuyCA$45,71416 Sep 19
Thomas Claugus
EntityIndividual
Shares26,600
Max PriceCA$1.72
BuyCA$1,031,19816 Sep 19
GMT Capital Corp.
EntityCompany
Shares600,030
Max PriceCA$1.72
BuyCA$393,67129 Aug 19
Ronald J. Poelzer
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares400,000
Max PriceCA$0.98
BuyCA$11,18919 Aug 19
Jonathan Wright
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceCA$1.12
BuyCA$8,50904 Jul 19
Christopher LeGrow
EntityIndividual
Role
Other Key Executive
Vice President of Development and Planning
Shares5,000
Max PriceCA$1.70
BuyCA$31,87817 Jun 19
Ross Andreachuk
EntityIndividual
Role
Chief Financial Officer
VP of Finance
Shares19,000
Max PriceCA$1.68
BuyCA$8,97429 May 19
Michael Lawford
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares4,250
Max PriceCA$2.11
BuyCA$6,53525 May 19
Jonathan Wright
EntityIndividual
Role
Chief Executive Officer
President
Shares3,150
Max PriceCA$2.07
BuyCA$10,18521 May 19
Jonathan Wright
EntityIndividual
Role
Chief Executive Officer
President
Shares4,250
Max PriceCA$2.40
BuyCA$9,27913 May 19
Michael Lawford
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares4,000
Max PriceCA$2.32
BuyCA$5,38329 Mar 19
Deborah Stein
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,900
Max PriceCA$2.83
SellCA$76,62321 Mar 19
Keith A. MacPhail
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares25,000
Max PriceCA$3.19
SellCA$74,52009 Mar 19
Keith A. MacPhail
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares25,000
Max PriceCA$3.01
BuyCA$21,80110 Jan 19
Ryan Paulgaard
EntityIndividual
Shares4,804
Max PriceCA$4.54
BuyCA$27,58710 Jan 19
Michael Lawford
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares6,079
Max PriceCA$4.54
BuyCA$23,26310 Jan 19
Kevin Asman
EntityIndividual
Role
Head of Marketing
Vice President of Marketing
Shares5,119
Max PriceCA$4.54
BuyCA$43,66110 Jan 19
Jonathan Wright
EntityIndividual
Role
Chief Executive Officer
President
Shares9,621
Max PriceCA$4.54
BuyCA$25,89910 Jan 19
Ross Andreachuk
EntityIndividual
Role
Chief Financial Officer
VP of Finance
Shares5,707
Max PriceCA$4.54
BuyCA$21,81410 Jan 19
Joshua Truba
EntityIndividual
Shares4,800
Max PriceCA$4.54
BuyCA$564,48607 Dec 18
Ronald J. Poelzer
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares250,000
Max PriceCA$2.26
BuyCA$19,19306 Dec 18
Ross Andreachuk
EntityIndividual
Role
Chief Financial Officer
VP of Finance
Shares8,500
Max PriceCA$2.26
BuyCA$64,45630 Nov 18
Jonathan Wright
EntityIndividual
Role
Chief Executive Officer
President
Shares25,000
Max PriceCA$2.58
BuyCA$33,31626 Nov 18
Michael Lawford
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares12,300
Max PriceCA$2.71
BuyCA$255,09515 Nov 18
Jonathan Wright
EntityIndividual
Role
Chief Executive Officer
President
Shares85,000
Max PriceCA$3.00

Ownership Breakdown


Management Team

  • Ross Andreachuk

    VP of Finance

    • Tenure: 5.1yrs
    • Compensation: CA$1.17m
  • Jonathan Wright (53yo)

    President

    • Tenure: 8.4yrs
    • Compensation: CA$2.26m
  • Kevin Asman

    Vice President of Marketing

    • Tenure: 9.8yrs
    • Compensation: CA$1.10m
  • Chris LeGrow

    Vice President of Development and Planning

    • Tenure: 0yrs
  • Mike Lawford

    Chief Operating Officer

    • Tenure: 1.8yrs
    • Compensation: CA$1.35m

Board Members

  • Keith A. MacPhail (62yo)

    Independent Chairman of the Board

    • Tenure: 16.4yrs
    • Compensation: CA$174.58k
  • Grant Zawalsky (59yo)

    Independent Director

    • Tenure: 16.4yrs
    • Compensation: CA$128.48k
  • Brian Shaw (65yo)

    Independent Director

    • Tenure: 5.2yrs
    • Compensation: CA$119.38k
  • Ron Poelzer (57yo)

    Independent Director

    • Tenure: 16.4yrs
    • Compensation: CA$136.43k
  • Sheldon Steeves (65yo)

    Independent Director

    • Tenure: 6.6yrs
    • Compensation: CA$122.68k
  • Pentti Karkkainen (64yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: CA$137.58k
  • Ron Eckhardt (64yo)

    Independent Director

    • Tenure: 6.6yrs
    • Compensation: CA$119.38k
  • Debbie Stein (58yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: CA$135.73k
  • Jonathan Wright (53yo)

    President

    • Tenure: 8.4yrs
    • Compensation: CA$2.26m

Company Information

NuVista Energy Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NuVista Energy Ltd.
  • Ticker: NVG
  • Exchange: DB
  • Founded: 2003
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$444.181m
  • Listing Market Cap: CA$304.682m
  • Shares outstanding: 225.47m
  • Website: https://www.nuvistaenergy.com

Number of Employees


Location

  • NuVista Energy Ltd.
  • 525–8th Ave SW
  • Suite 2500
  • Calgary
  • Alberta
  • T2P 1G1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVATSX (The Toronto Stock Exchange)YesVoting Common SharesCACADJul 2003
NVGDB (Deutsche Boerse AG)YesVoting Common SharesDEEURJul 2003
NUVS.FOTCPK (Pink Sheets LLC)YesVoting Common SharesUSUSDJul 2003

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:57
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.