Kevin Asman - NuVista Energy Vice President - Marketing

NVA Stock  CAD 13.50  0.01  0.07%   

President

Mr. Kevin G. Asman is Vice President Marketing of NuVista Energy Ltd. Prior thereto, Mr. Asman was Marketing Manager commencing July 2008. Prior thereto, he was Marketing Manager at TAQA North Ltd. . since 2010.
Tenure 14 years
Address 2500, 525 ? 8th Ave SW, Calgary, AB, Canada, T2P 1G1
Phone403 538 8500
Webhttps://nvaenergy.com

NuVista Energy Management Efficiency

The company has return on total asset (ROA) of 0.0829 % which means that it generated a profit of $0.0829 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1344 %, meaning that it generated $0.1344 on every $100 dollars invested by stockholders. NuVista Energy's management efficiency ratios could be used to measure how well NuVista Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.13. Also, Return On Capital Employed is likely to grow to 0.28. At this time, NuVista Energy's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Total Current Assets is likely to grow to about 209.3 M, while Non Current Assets Total are likely to drop about 1.4 B.
NuVista Energy has accumulated 305.05 M in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. NuVista Energy has a current ratio of 1.08, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist NuVista Energy until it has trouble settling it off, either with new capital or with free cash flow. So, NuVista Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NuVista Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NuVista to invest in growth at high rates of return. When we think about NuVista Energy's use of debt, we should always consider it together with cash and equity.

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NuVista Energy Ltd., a condensate and natural gas company, engages in the development, delineation, and production of condensate, oil, and natural gas reserves in the Western Canadian Sedimentary Basin. NuVista Energy Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada. NUVISTA ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 88 people. NuVista Energy (NVA) is traded on Toronto Exchange in Canada and employs 18 people. NuVista Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

NuVista Energy Leadership Team

Elected by the shareholders, the NuVista Energy's board of directors comprises two types of representatives: NuVista Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NuVista. The board's role is to monitor NuVista Energy's management team and ensure that shareholders' interests are well served. NuVista Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NuVista Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Wright, President, Chief Executive Officer, Director
Ryan Paulgaard, Vice President of Production and Facilities
Christopher LeGrow, VP Planning
Ivan CA, CFO Finance
Deborah Stein, Independent Director
Michael Lawford, Chief Operating Officer
Grant Zawalsky, Independent Director
Ross Andreachuk, Chief Financial Officer, Vice President - Finance and Corporate Secretary
Pentti Karkkainen, Independent Chairman of the Board
PEng Eng, CEO President
Tanya Dickison, Director Communications
Ronald Eckhardt, Independent Director
Keith MacPhail, Independent Chairman of the Board
Joshua Truba, Vice President - Land and Business Development
Sheldon Steeves, Independent Director
Brian Shaw, Independent Director
Ronald Poelzer, Independent Director
Kevin Asman, Vice President - Marketing

NuVista Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NuVista Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with NuVista Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NuVista Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NuVista Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to NuVista Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NuVista Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NuVista Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NuVista Energy to buy it.
The correlation of NuVista Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NuVista Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NuVista Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NuVista Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in NuVista Stock

NuVista Energy financial ratios help investors to determine whether NuVista Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NuVista with respect to the benefits of owning NuVista Energy security.