---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-034504"
form_type: "8-K"
ticker: "OVV"
cik: "0001792580"
company_name: "Ovintiv Inc."
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:22:56.515416+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ovintiv closes $2.7B acquisition of NuVista Energy; adds Montney assets, expects $100M annual synergies

## Summary
- Closed acquisition of NuVista for total consideration ~$2.7B, comprising C$1.57B cash and ~30.1M Ovintiv shares.
- Acquired Alberta Montney assets: ~930 net well locations, ~140K net acres, expected production ~100 MBOE/d (25 Mbbls/d oil & condensate).
- Expects ~$100M annual cost synergies and ~$1M per well cost savings; CEO highlights portfolio high-grading with planned Anadarko divestiture.
- Repaid NuVista's debt: C$219M credit facility and C$166M 7.875% senior notes due 2026; equity awards settled for C$72M.
- NuVista shares to be delisted from TSX; Ovintiv plans full 2026 guidance on Feb 23, 2026 with Q4 2025 results.

## SEC filing metadata
- accession: 0001193125-26-034504
- form_type: 8-K
- ticker: OVV
- cik: 0001792580
- company_name: Ovintiv Inc.
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792580/000119312526034504/0001193125-26-034504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792580/000119312526034504/ovv-20260203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-034504
- JSON: https://secwatch.observer/filing/0001193125-26-034504.json
- Plain text: https://secwatch.observer/filing/0001193125-26-034504.txt

## Source-grounded claims
- claim_id: ff17c28dad531ad7d345a2b5b8e3c33e4a0e583a
  claim: Ovintiv Inc. completed an acquisition involving NuVista Energy Ltd. for aggregate consideration of C$1.57 billion in cash and 30,076,903 shares of Ovintiv Common Stock (closed 2026-02-03).
  evidence_excerpt: set forth in the Arrangement Agreement. After giving effect to the elections made by NuVista shareholders and closing adjustments, Ovintiv paid aggregate consideration of C$1.57 billion in cash and 30,076,903 shares of Ovintiv Common Stock. The cash consideration was funded by borrowings under Ovintiv Canada’s previously announced Two-Year Term Credit Agreement,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1792580/000119312526034504/0001193125-26-034504-index.htm

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