---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-257943"
form_type: "8-K"
ticker: "OVV"
cik: "0001792580"
company_name: "Ovintiv Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:34:15.147723+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ovintiv to acquire Montney assets for C$3.325B, sell Uinta for $2.0B, boosting cash flow

## Summary
- Acquisition adds ~109,000 net acres, ~70 MBOE/d production, ~900 well locations (~600 premium) in Alberta Montney for C$3.325B cash.
- Divestiture of Uinta assets (126,000 net acres) to FourPoint Resources for $2.0B cash, expected to close Jan 22, 2025.
- Combined deals expected to increase 2025 Non-GAAP Free Cash Flow by ~$300M and generate ~$125M annual cost synergies.
- Share buyback paused until ~$377M net cash recovered; base dividend unchanged; investment grade balance sheet maintained.
- Pro forma Montney oil+condensate production ~55 Mbbls/d, total ~620 MBOE/d, capital budget ~$2.2B (down $100M).

## SEC filing metadata
- accession: 0001193125-24-257943
- form_type: 8-K
- ticker: OVV
- cik: 0001792580
- company_name: Ovintiv Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792580/000119312524257943/0001193125-24-257943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792580/000119312524257943/d799577d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-257943
- JSON: https://secwatch.observer/filing/0001193125-24-257943.json
- Plain text: https://secwatch.observer/filing/0001193125-24-257943.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.