NuVista Energy Slides as Third-Party Maintenance Pause Hits Output

Dow Jones

2024-12-18

By Adriano Marchese

NuVista Energy shares fell Wednesday after the company said it expects lower fourth-quarter output due to an unplanned maintenance stoppage at a third-party gas plant.

Shares fell 3% to 13.08 Canadian dollars ($9.14).

The Calgary, Alberta-based energy company said Wednesday that it now expects fourth-quarter production to be between 83,000 and 84,000 barrels of oil equivalent a day, down from a previous expectation of 89,000 to 91,000 barrels a day.

According to FactSet, analysts expected production of 88,600 barrels a day for the quarter.

While the facility is currently being restarted, which is anticipated to bring production levels back above 90,000 barrels a day, full-year output is now expected to fall below the bottom end of the full-year range of 83,500 to 86,000 barrels a day.

Analysts expected production of 83,800 barrels a day for the year.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 18, 2024 10:42 ET (15:42 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4563","symbol_name":"昨日强势股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492801631","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492801631","pubTimestamp":1734536520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"NuVista Energy shares fell Wednesday after the company said it expects lower fourth-quarter output due to an unplanned maintenance stoppage at a third-party gas plant.Shares fell 3% to 13.08 Canadian dollars .The Calgary, Alberta-based energy company said Wednesday that it now expects fourth-quarter production to be between 83,000 and 84,000 barrels of oil equivalent a day, down from a previous expectation of 89,000 to 91,000 barrels a day.According to FactSet, analysts expected production of 88,600 barrels a day for the quarter.While the facility is currently being restarted, which is anticipated to bring production levels back above 90,000 barrels a day, full-year output is now expected to fall below the bottom end of the full-year range of 83,500 to 86,000 barrels a day.Analysts expected production of 83,800 barrels a day for the year.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4563":"昨日强势股","VIST":"Vista Energy","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4213":"石油与天然气的勘探与生产"},"translate_title":"由于第三方维护暂停影响产量，NuVista Energy股价下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VIST":1},"content_text":"By Adriano Marchese \n\n\n \n\n\n  NuVista Energy shares fell Wednesday after the company said it expects lower fourth-quarter output due to an unplanned maintenance stoppage at a third-party gas plant. \n\n\n  Shares fell 3% to 13.08 Canadian dollars ($9.14). \n\n\n  The Calgary, Alberta-based energy company said Wednesday that it now expects fourth-quarter production to be between 83,000 and 84,000 barrels of oil equivalent a day, down from a previous expectation of 89,000 to 91,000 barrels a day. \n\n\n  According to FactSet, analysts expected production of 88,600 barrels a day for the quarter. \n\n\n  While the facility is currently being restarted, which is anticipated to bring production levels back above 90,000 barrels a day, full-year output is now expected to fall below the bottom end of the full-year range of 83,500 to 86,000 barrels a day. \n\n\n  Analysts expected production of 83,800 barrels a day for the year. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 18, 2024 10:42 ET (15:42 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}