Ovintiv closes $2B sale of Uinta assets to FourPoint Resources; Montney acquisition on track

Ovintiv Inc.

Closed sale of substantially all Uinta assets (Utah) to FourPoint Resources for ~$2 billion in cash.
Montney acquisition from Paramount Resources expected to close before end of Q1 2025.
Asset-sale credit agreement terminated upon closing of Uinta divestiture.
CEO McCracken says sale unlocks value, extends inventory runway in core areas.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.