With the closing of the Cenovus Pipestone asset acquisition, we have updated our estimates to reflect closing price, production and cash flow adjustments. Updating for the September 6th closing date, 2018e annual production guidance was formally revised to between 38,750-40,000 boe/d. Management expectations for 3Q18e and 4Q18e have now been refined to 37,500-39,000 boe/d and 46,000-48,500 boe/d, respectively.
07 Sep 2018
Estimates updated with formal close of Cenovus Pipestone acquisition
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Estimates updated with formal close of Cenovus Pipestone acquisition
NuVista Energy Ltd. (NVA:TSE) | 0 0 -0.5% | Mkt Cap: 1,392m
- Published:
07 Sep 2018 -
Author:
Cody R. Kwong -
Pages:
6
With the closing of the Cenovus Pipestone asset acquisition, we have updated our estimates to reflect closing price, production and cash flow adjustments. Updating for the September 6th closing date, 2018e annual production guidance was formally revised to between 38,750-40,000 boe/d. Management expectations for 3Q18e and 4Q18e have now been refined to 37,500-39,000 boe/d and 46,000-48,500 boe/d, respectively.