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flag Ovintiv completes $2.7B deal to acquire NuVista, gaining key assets in Alberta’s Montney region.

flag 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. flag 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. flag NuVista shareholders will own about 10.6% of the combined company. flag 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.

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