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NuVista Energy Adjusts Production Amid Gas Plant Downtime

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NuVista Energy Adjusts Production Amid Gas Plant Downtime

NuVista Energy (TSE:NVA) has released an update.

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NuVista Energy has temporarily reduced its production in the Wapiti area due to unexpected downtime at a third-party gas plant, impacting its production guidance for the fourth quarter of 2024. The revised guidance estimates production at 83,000 – 84,000 Boe/d, down from the previous 89,000 – 91,000 Boe/d. As the facility restarts, NuVista expects its production levels to again surpass 90,000 Boe/d by the end of the year.

For further insights into TSE:NVA stock, check out TipRanks’ Stock Analysis page.

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