Nuvista Q2 net income down 28%

NuVista Energy

06/08/2025 22:12

Overview

Nuvista Q2 petroleum and natural gas revenues falls 17% yr/yr, net income down 28%

Produced 73,595 Boe/d

Repurchased C$100 mln in shares in H1

Outlook

Company forecasts Q3 production at average 68,000 - 70,000 Boe/d

Nuvista expects Q4 production to reach average 100,000 Boe/d

Company maintains 2025 full-year production guidance at 83,000 Boe/d

Nuvista reduces 2025 capital expenditure guidance to C$425 - C$450 mln

Result Drivers

PRODUCTION CHALLENGES - Production impacted by third-party gas plant turnaround and commissioning delays of the Pipestone Gas Plant

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Petroleum & Natural Gas Revenue
C$267.32 mln
Q2 Net Income
C$80.45 mln
Q2 Capex
C$81.74 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Nuvista Energy Ltd is C$17.25, about 16.9% above its August 5 closing price of C$14.33

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nGNX6MFLxL

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)