In This Article:
NuVista Energy (TSE:NVA) Full Year 2024 Results
Key Financial Results
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Revenue: CA$1.27b (flat on FY 2023).
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Net income: CA$305.7m (down 17% from FY 2023).
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Profit margin: 24% (down from 29% in FY 2023).
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EPS: CA$1.48 (down from CA$1.70 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NuVista Energy Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.3%.
Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Oil and Gas industry in Canada.
Performance of the Canadian Oil and Gas industry.
The company's shares are down 6.9% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of NuVista Energy's balance sheet and an in-depth analysis of the company's financial position.
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