Keith A.J. Macphail Sells 20,000 Shares of NuVista Energy Ltd. (TSE:NVA) Stock

NuVista Energy Ltd. (TSE:NVA) Director Keith A.J. Macphail sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of C$14.20, for a total transaction of C$284,000.00.

Keith A.J. Macphail also recently made the following trade(s):

• On Tuesday, May 14th, Keith A.J. Macphail sold 50,000 shares of NuVista Energy stock. The stock was sold at an average price of C$12.77, for a total transaction of C$638,500.00.

NuVista Energy Stock Up 1.6 %

NVA stock opened at C$14.37 on Friday. NuVista Energy Ltd. has a 12-month low of C$9.59 and a 12-month high of C$14.57. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 15.87. The company has a market cap of C$2.96 billion, a price-to-earnings ratio of 9.84, a PEG ratio of 0.59 and a beta of 2.83. The company has a 50 day moving average of C$13.30 and a two-hundred day moving average of C$12.01.

NuVista Energy (TSE:NVA) last released its earnings results on Tuesday, May 7th. The company reported C$0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.31 by C($0.14). NuVista Energy had a return on equity of 15.57% and a net margin of 26.88%. The company had revenue of C$309.02 million during the quarter, compared to analysts’ expectations of C$276.00 million. On average, equities analysts anticipate that NuVista Energy Ltd. will post 1.3395253 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. BMO Capital Markets raised their target price on shares of NuVista Energy from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a report on Wednesday, June 26th. National Bankshares raised their price objective on shares of NuVista Energy from C$14.00 to C$15.00 and gave the stock a “sector perform” rating in a research note on Friday, April 19th. TD Securities raised their price objective on shares of NuVista Energy from C$15.00 to C$17.00 and gave the stock a “buy” rating in a research note on Friday, June 14th. CIBC raised their price objective on shares of NuVista Energy from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a research note on Monday, April 22nd. Finally, Desjardins decreased their price objective on shares of NuVista Energy from C$15.00 to C$14.75 and set a “buy” rating for the company in a research note on Friday, March 22nd. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, NuVista Energy presently has an average rating of “Moderate Buy” and a consensus price target of C$15.42.

NuVista Energy Company Profile

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.