M&A
confidence high
sentiment positive
materiality 0.75
Ovintiv provides pro forma reserves and production for NuVista acquisition; expects Q1 2026 close
Ovintiv Inc.
- Pro forma total proved reserves of 2,452 Mboe (Ovintiv 2,057 + NuVista 395) as of Dec 31, 2024.
- Pro forma avg daily production: 659.1 BOE/d (2024) and 683.5 BOE/d (9M 2025).
- Consideration: 29.98M Ovintiv shares + ~US$1.13B cash for NuVista; close expected by end Q1 2026.
- NuVista circular mailed Dec 22, 2025; shareholder vote required.
- Pro forma total net capitalization US$18.3B, up from US$15.4B actual.