Strategic Transformation Complete, Driving Increased Shareholder Returns Highlights: Full Year 2025 Generated cash from operating activities of $3.7 billion, Non-GAAP Cash Flow of $3.8 billion and Non-GAAP Free Cash Flow of $1.6 billion after capital expenditures of $2.1 billion Produced average total volumes of 615 thousand barrels of oil equivalent per day , including 209 thousand barrels per day of oil and condensate [...]
Ovintiv Inc. announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. The sale includes approximately 360 thousand net acres, which represents substantially all of the company's acreage in the play. Month to date production in February is approximately 90 thousand barrels of oil equivalent per day including [...]
Ovintiv announced today that it has completed its acquisition of all of the common shares of NuVista Energy in a cash and stock transaction valued at $2.7 billion. The acquisition is expected to add approximately 930 net 10,000-foot equivalent well locations, and approximately 140,000 net acres in the core of the oil-rich Alberta Montney. Full year 2026 production from the acquired assets is expected to average [...]
Ovintiv Inc. today announced that Gregory P. Hill has been appointed as an independent member of its board of directors, effective January 30, 2026. Hill, 64, retired in 2025 as President, Worldwide Exploration & Production and Executive Vice President of Hess Corp.. During more than four decades in the energy industry, he held senior leadership roles at Hess, Shell, Aera Energy, and other organizations, leading major [...]
NuVista and Ovintiv are pleased to announce that the Government of Canada has approved the previously announced proposed acquisition of NuVista by Ovintiv, through its wholly owned subsidiary Ovintiv Canada, in accordance with the terms of the Investment Canada Act. The Transaction previously received clearance under the Competition Act and the Court of King's Bench of Alberta has granted the Final Order in respect of the [...]
NuVista Energy and Ovintiv are pleased to announce that today at NuVista's special meeting of holders of common shares of NuVista, NuVista Shareholders voted in favour of the previously announced plan of arrangement involving NuVista, NuVista Shareholders, Ovintiv Canada ULC and Ovintiv Inc. At the Meeting, the special resolution approving the Transaction was approved by approximately 99% of the votes cast by NuVista [...]
Ovintiv Inc. today announced plans to hold its 2025 fourth quarter and year-end results conference call at 8:00 a.m. MT, on Tuesday February 24, 2026. The Company plans to release its financial and operating results after market close, Monday February 23, 2026. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the [...]
Ovintiv Inc. and a subsidiary of Pembina Pipeline Corporation today announced the signing of a 12-year agreement for 0.5 million tonnes per annum of Pembina's liquefaction capacity at the Cedar LNG facility . The Agreement enables the export of 0.5 mtpa of LNG, under which Pembina will provide transportation and liquefaction capacity to Ovintiv over a 12-year term, commencing with commercial operations at Cedar LNG [...]
Steven Nance to Succeed Dea as Board Chairman Ovintiv Inc. today announced that Peter Dea will retire from its Board of Directors effective May 6, 2026. Steven Nance has been unanimously elected by the Board to replace Dea as Board Chairman. Mr. Dea joined the Board in 2010 and has served as Chairman since 2020. With over 40 years of leadership and value creation expertise in the E&P industry, successfully leading both [...]
Full Year Production Guidance Increased, Capital Investment Unchanged Highlights: Generated cash from operating activities of $812 million, Non-GAAP Cash Flow of $895 million and Non-GAAP Free Cash Flow of $351 million after capital expenditures of $544 million Third quarter production was at or above the high end of the guidance range on every product with average total production volumes of 630 thousand barrels of oil [...]
Transaction Adds Scale and High-Quality Oil Inventory to Ovintiv's Premier Montney Position Highlights: Agreement reached to acquire NuVista Energy Ltd. at an average price of approximately C$17.80 per share, or total consideration of approximately $2.7 billion Acquisition is expected to add approximately 140,000 net acres and approximately 100 thousand barrels of oil equivalent per day in the core of the oil-rich Alberta [...]
Ovintiv Inc. today announced plans to hold its third quarter 2025 results conference call at 8:00 a.m. MT, on Wednesday November 5, 2025. The Company plans to release its financial and operating results after market close, Tuesday November 4, 2025. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com. To join the conference call [...]