Ovintiv completes NuVista acquisition; NuVista reports 2025 net earnings C$299M, revenue C$1.26B

Ovintiv Inc.

Acquisition of NuVista Energy Ltd. closed Feb 3, 2026; NuVista amalgamated into Ovintiv Canada ULC.
NuVista's audited 2025 financials: net revenue C$1.177B (after royalties), net earnings C$299M, EPS C$1.51.
NuVista total assets C$3.68B, shareholders' equity C$2.50B, long-term debt C$64M as of Dec 31, 2025.
NuVista 2025 operating cash flow C$578M, capex C$435M; reserves and pro forma info filed.
Pro forma combined balance sheet and income statement filed as Exhibit 99.2 reflecting acquisition.

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