Nuvista Energy Stock Net Income
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess NuVista Energy's long-term financial health and intrinsic value.
NuVista |
NuVista Energy Company Net Income Analysis
NuVista Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current NuVista Energy Net Income | 305.72 M |
Most of NuVista Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NuVista Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, NuVista Energy reported net income of 305.72 M. This is 86.54% lower than that of the Oil, Gas & Consumable Fuels sector and 11.16% lower than that of the Energy industry. The net income for all Canada stocks is 46.46% higher than that of the company.
NuVista Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NuVista Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NuVista Energy could also be used in its relative valuation, which is a method of valuing NuVista Energy by comparing valuation metrics of similar companies.NuVista Energy is currently under evaluation in net income category among its peers.
NuVista Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0826 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 3.78 B | ||||
| Shares Outstanding | 193.65 M | ||||
| Shares Owned By Insiders | 9.02 % | ||||
| Shares Owned By Institutions | 29.03 % | ||||
| Number Of Shares Shorted | 2.89 M | ||||
| Price To Earning | 6.25 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 3.20 X | ||||
| Revenue | 1.08 B | ||||
| Gross Profit | 609.42 M | ||||
| EBITDA | 721.71 M | ||||
| Net Income | 305.72 M | ||||
| Cash And Equivalents | 41.89 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1.1 B | ||||
| Debt To Equity | 1.58 % | ||||
| Current Ratio | 1.10 X | ||||
| Book Value Per Share | 12.63 X | ||||
| Cash Flow From Operations | 600.25 M | ||||
| Short Ratio | 5.13 X | ||||
| Earnings Per Share | 1.61 X | ||||
| Price To Earnings To Growth | 2.65 X | ||||
| Target Price | 17.8 | ||||
| Number Of Employees | 18 | ||||
| Beta | 1.14 | ||||
| Market Capitalization | 3.51 B | ||||
| Total Asset | 3.45 B | ||||
| Retained Earnings | 1.21 B | ||||
| Working Capital | 1.21 M | ||||
| Current Asset | 55.31 M | ||||
| Current Liabilities | 62.93 M | ||||
| Net Asset | 3.45 B |
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.Moving together with NuVista Stock
Moving against NuVista Stock
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Tools for NuVista Stock
When running NuVista Energy's price analysis, check to measure NuVista Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NuVista Energy is operating at the current time. Most of NuVista Energy's value examination focuses on studying past and present price action to predict the probability of NuVista Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuVista Energy's price. Additionally, you may evaluate how the addition of NuVista Energy to your portfolios can decrease your overall portfolio volatility.
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