10:30 AM EDT, 07/02/2024 (MT Newswires) -- NuVista Energy ( NUVSF ) 's management delivered an "upbeat" technical presentation during its Investor Session, focusing on drilling inventory including the Lower Montney asset, RBC Capital Markets said in a Tuesday note.

During the session, NuVisa also outlined its long-term outlook, which includes a volume target of 120,000 to 125,000 barrels of oil equivalent per day by 2028.

The company also announced various cost/completion optimizations across the portfolio, RBC said.

NuVista was trading up $0.01 at $14.23 per share at last look in TSX.