Impact: Neutral to slightly positive. NuVista posted 4Q15 results largely in line with our estimates along with a solid reserve book. The Company's revised 2016e guidance will have our proforma production and cash flow estimates coming down slightly, but will overall improve the financial health of the Company, which is notionally positive in the current environment.
09 Mar 2016
ANNOUNCES 2015 YEAR-END RESERVES, FINANCIAL & OPERATING RESULTS
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ANNOUNCES 2015 YEAR-END RESERVES, FINANCIAL & OPERATING RESULTS
NuVista Energy Ltd. (NVA:TSE) | 0 0 -0.5% | Mkt Cap: 1,392m
- Published:
09 Mar 2016 -
Author:
Robert Fitzmartyn -
Pages:
3
Impact: Neutral to slightly positive. NuVista posted 4Q15 results largely in line with our estimates along with a solid reserve book. The Company's revised 2016e guidance will have our proforma production and cash flow estimates coming down slightly, but will overall improve the financial health of the Company, which is notionally positive in the current environment.