Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Ovintiv completes $2.7B deal to acquire NuVista, gaining key assets in Alberta’s Montney region.
Ovintiv has completed its $2.7 billion acquisition of NuVista Energy, adding 140,000 net acres and 100,000 barrels of oil equivalent per day in Alberta’s Montney region, along with 930 drilling locations.
The deal, valued at C$17.80 per share, is expected to boost non-GAAP free cash flow by 10% and generate $100 million in annual synergies.
NuVista shareholders will own about 10.6% of the combined company.
Ovintiv plans to divest its Anadarko assets in early 2026 to reduce debt and aim for a non-GAAP net debt below $4 billion by year-end 2026, supporting future share buybacks.
9 Articles
Ovintiv completa un acuerdo de $2.7B para adquirir NuVista, obteniendo activos clave en la región de Montney de Alberta.