Nuvista Energy (NVA) has notable insider buying

Nuvista Energy (T:NVA)

Nuvista Energy Ltd. (NVA) has a high amount of executive buying compared to its mid-cap peers over the past three months. Keith A.J. MacPhail, a Senior Officer and Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $3.140 through the public market on December 19th, 2019. This represents a $157,000 investment into the company's shares and an account share holdings change of 2.0%.

Nuvista Energy Ltd, formerly known as 1040491 Alberta Ltd, is a Canada-based exploration and production company, which is engaged in exploration, development and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The Company's primary focus is on Montney formation in the Alberta Deep Basin (Wapiti Montney). The Company's products include natural gas, and condensate and oil. The Company's natural gas liquids include butane, propane and ethane.