NuVista Historical Income Statement

NVA Stock

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Historical analysis of NuVista Energy income statement accounts such as Total Revenue of 1.3 B can show how well NuVista Energy performed in making a profits. Evaluating NuVista Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NuVista Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining NuVista Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NuVista Energy is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuVista Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About NuVista Income Statement Analysis

NuVista Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NuVista Energy shareholders. The income statement also shows NuVista investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NuVista Energy Income Statement Chart

At this time, NuVista Energy's Cost Of Revenue is very stable compared to the past year. As of the 25th of November 2024, Income Before Tax is likely to grow to about 500 M, while Depreciation And Amortization is likely to drop about 171.1 M.

Selling General Administrative Total Revenue Ebitda

Total Revenue

Total revenue comprises all receipts NuVista Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from NuVista Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NuVista Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuVista Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Interest Expense	48.1M	39.4M	39.0M	41.0M
Depreciation And Amortization	166.3M	214.2M	257.5M	171.1M

Interest Expense Depreciation And Amortization

NuVista Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.29	0.08	0.26	0.08	0.68	0.0	-0.04	0.22	0.47	0.32	-0.05	-0.03	-0.06	-0.01	0.1	0.09	0.14	0.15	-0.13	0.15
Interest Expense	0.29		0.66	0.77	0.64	0.7	0.54	0.65	0.71	0.56	0.46	0.57	-0.42	0.57	0.54	0.91	0.59	0.48	0.67	-0.97	0.36
Selling General Administrative	0.08	0.66		0.15	0.27	0.26	0.04	0.05	0.07	-0.09	0.54	0.01	-0.44	0.01	-0.02	0.54	0.01	-0.11	0.59	-0.67	-0.04
Total Revenue	0.26	0.77	0.15		0.84	0.71	0.89	0.94	0.99	0.69	0.33	0.91	-0.32	0.91	0.89	0.77	0.93	0.87	0.52	-0.71	0.26
Gross Profit	0.08	0.64	0.27	0.84		0.58	0.86	0.87	0.84	0.21	0.62	0.86	-0.44	0.86	0.83	0.6	0.86	0.79	0.57	-0.57	-0.04
Other Operating Expenses	0.68	0.7	0.26	0.71	0.58		0.43	0.52	0.66	0.64	0.56	0.42	-0.21	0.42	0.42	0.58	0.5	0.45	0.32	-0.57	0.54
Operating Income	0.0	0.54	0.04	0.89	0.86	0.43		0.94	0.92	0.44	0.22	0.96	-0.31	0.95	0.97	0.62	0.93	0.91	0.51	-0.53	-0.04
Ebit	-0.04	0.65	0.05	0.94	0.87	0.52	0.94		0.96	0.53	0.24	0.98	-0.29	0.98	0.95	0.72	0.96	0.89	0.46	-0.63	0.18
Ebitda	0.22	0.71	0.07	0.99	0.84	0.66	0.92	0.96		0.67	0.29	0.94	-0.28	0.94	0.92	0.73	0.95	0.91	0.49	-0.65	0.22
Cost Of Revenue	0.47	0.56	-0.09	0.69	0.21	0.64	0.44	0.53	0.67		-0.18	0.47	0.02	0.47	0.48	0.59	0.51	0.5	0.16	-0.52	0.6
Total Operating Expenses	0.32	0.46	0.54	0.33	0.62	0.56	0.22	0.24	0.29	-0.18		0.18	-0.39	0.19	0.16	0.25	0.23	0.17	0.34	-0.32	-0.01
Income Before Tax	-0.05	0.57	0.01	0.91	0.86	0.42	0.96	0.98	0.94	0.47	0.18		-0.2	1.0	0.97	0.65	0.98	0.93	0.43	-0.55	0.02
Total Other Income Expense Net	-0.03	-0.42	-0.44	-0.32	-0.44	-0.21	-0.31	-0.29	-0.28	0.02	-0.39	-0.2		-0.21	-0.16	-0.28	-0.19	-0.13	-0.82	0.45	0.09
Net Income	-0.06	0.57	0.01	0.91	0.86	0.42	0.95	0.98	0.94	0.47	0.19	1.0	-0.21		0.96	0.66	0.98	0.92	0.44	-0.55	0.02
Income Tax Expense	-0.01	0.54	-0.02	0.89	0.83	0.42	0.97	0.95	0.92	0.48	0.16	0.97	-0.16	0.96		0.6	0.94	0.96	0.38	-0.53	-0.01
Selling And Marketing Expenses	0.1	0.91	0.54	0.77	0.6	0.58	0.62	0.72	0.73	0.59	0.25	0.65	-0.28	0.66	0.6		0.64	0.48	0.63	-0.91	0.42
Net Income From Continuing Ops	0.09	0.59	0.01	0.93	0.86	0.5	0.93	0.96	0.95	0.51	0.23	0.98	-0.19	0.98	0.94	0.64		0.94	0.43	-0.53	0.0
Tax Provision	0.14	0.48	-0.11	0.87	0.79	0.45	0.91	0.89	0.91	0.5	0.17	0.93	-0.13	0.92	0.96	0.48	0.94		0.31	-0.43	-0.07
Interest Income	0.15	0.67	0.59	0.52	0.57	0.32	0.51	0.46	0.49	0.16	0.34	0.43	-0.82	0.44	0.38	0.63	0.43	0.31		-0.69	-0.13
Net Interest Income	-0.13	-0.97	-0.67	-0.71	-0.57	-0.57	-0.53	-0.63	-0.65	-0.52	-0.32	-0.55	0.45	-0.55	-0.53	-0.91	-0.53	-0.43	-0.69		-0.36
Reconciled Depreciation	0.15	0.36	-0.04	0.26	-0.04	0.54	-0.04	0.18	0.22	0.6	-0.01	0.02	0.09	0.02	-0.01	0.42	0.0	-0.07	-0.13	-0.36

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NuVista Energy Account Relationship Matchups

NuVista Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	221.5M	171.8M	166.3M	214.2M	257.5M	171.1M
Interest Expense	33.0M	43.7M	48.1M	39.4M	39.0M	41.0M
Selling General Administrative	79.4M	101.6M	133.5M	35.4M	33.2M	43.9M
Total Revenue	561.1M	424.6M	885.3M	1.7B	1.3B	1.3B
Gross Profit	314.0M	48.3M	819.3M	1.3B	537.5M	276.6M
Other Operating Expenses	510.5M	664.2M	414.1M	872.2M	749.2M	396.8M
Operating Income	50.6M	(239.5M)	471.1M	880.6M	504.3M	529.5M
Ebit	48.5M	(52.0M)	305.8M	877.6M	504.3M	529.5M
Ebitda	270.0M	119.8M	472.0M	1.1B	761.8M	799.9M
Cost Of Revenue	247.1M	376.3M	66.0M	409.8M	716.0M	751.8M
Total Operating Expenses	263.4M	287.9M	348.2M	462.4M	33.2M	31.5M
Income Before Tax	(103.1M)	(254.4M)	344.9M	814.4M	476.2M	500.0M
Total Other Income Expense Net	(153.6M)	(14.9M)	(126.3M)	(66.2M)	(28.1M)	(29.5M)
Net Income	(63.8M)	(197.9M)	264.7M	631.0M	367.7M	386.1M
Income Tax Expense	(39.2M)	(56.5M)	80.2M	183.3M	108.6M	114.0M
Net Income From Continuing Ops	(63.8M)	(197.9M)	264.7M	631.0M	367.7M	386.1M
Net Income Applicable To Common Shares	(63.8M)	(197.9M)	264.7M	631.0M	725.7M	762.0M
Tax Provision	(39.2M)	(56.5M)	80.2M	183.3M	108.6M	114.0M
Interest Income	156.8M	14.1M	159.6M	68.3M	78.5M	66.3M
Net Interest Income	(33.0M)	(43.7M)	(48.1M)	(32.6M)	(39.0M)	(41.0M)
Reconciled Depreciation	219.5M	359.4M	862K	211.1M	254.5M	210.3M

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 against NuVista Stock

0.48	PIC-A	Premium Income Split	Pair Corr
0.4	ENB-PFU	Enbridge Pref L	Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in NuVista Stock

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NuVista Historical Income Statement

About NuVista Income Statement Analysis

NuVista Energy Income Statement Chart

Total Revenue

NuVista Energy income statement Correlations

NuVista Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NuVista Energy income statement Accounts

Pair Trading with NuVista Energy

Moving against NuVista Stock

Other Information on Investing in NuVista Stock

COMMON DESTINATIONS

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COMPANY

Net Income	+ 1.0	Income Before Tax
Ebitda	+ 0.99	Total Revenue
Income Before Tax	+ 0.98	Ebit
Net Income	+ 0.98	Ebit
Net Income From Continuing Ops	+ 0.98	Income Before Tax
Net Income From Continuing Ops	+ 0.98	Net Income

Net Interest Income	- 0.97	Interest Expense
Net Interest Income	- 0.91	Selling And Marketing Expenses
Interest Income	- 0.82	Total Other Income Expense Net
Net Interest Income	- 0.71	Total Revenue
Net Interest Income	- 0.69	Interest Income
Net Interest Income	- 0.67	Selling General Administrative