NuVista Energy (TSX:NVA) Accounts Payable & Accrued Expense : C$158 Mil (As of Dec. 2023)

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What is NuVista Energy Accounts Payable & Accrued Expense?

NuVista Energy's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$155 Mil) to Sep. 2023 (C$159 Mil) but then declined from Sep. 2023 (C$159 Mil) to Dec. 2023 (C$158 Mil).

NuVista Energy's annual accounts payable & accrued expense increased from Dec. 2021 (C$140 Mil) to Dec. 2022 (C$185 Mil) but then declined from Dec. 2022 (C$185 Mil) to Dec. 2023 (C$158 Mil).

NuVista Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for NuVista Energy's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NuVista Energy Accounts Payable & Accrued Expense Chart

NuVista Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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110.14

75.14

140.00

185.13

157.71

NuVista Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															185.13	193.29	154.57	159.19	157.71

NuVista Energy Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

NuVista Energy (TSX:NVA) Business Description

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NUVSF:USA

Address

525 - 8th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 1G1

Website

https://nvaenergy.com

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen. It creates the viscosity needed for pipeline transportation. The Wapiti Montney area delivers the largest portion of hydrocarbon production for NuVista. To better service assets and production in this area, the firm operates compressor and dehydration stations.

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