Highest-materiality recent filing
Ovintiv Q1 net loss $630M on $1.2B impairment; Non-GAAP FCF $634M; net debt <$3.3B
Closed NuVista acquisition for ~$2.8B (~100 MBOE/d added) and Anadarko sale for ~$2.85B.
Ovintiv completes NuVista acquisition; NuVista reports 2025 net earnings C$299M, revenue C$1.26B
Acquisition of NuVista Energy Ltd. closed Feb 3, 2026; NuVista amalgamated into Ovintiv Canada ULC.
Ovintiv closes $2.9B Anadarko sale, repays C$1.57B credit facility, redeems $700M notes
Closed sale of ~360,000 net acres in Oklahoma for $2.9B cash after preliminary closing adjustments; effective Jan 1, 2026.
Ovintiv sells Oklahoma oil and gas assets for $3.0B cash to MidCon II BuyerCo
Purchase price $3.0B in cash; economic effective date January 1, 2026.
Ovintiv FY2025 cash flow $3.8B; launches 75% FCF return, closes $2.7B NuVista deal
FY2025 net earnings $1.2B ($4.78 diluted); Non-GAAP Cash Flow $3.8B, Free Cash Flow $1.6B after $2.1B capex.
Ovintiv agrees to sell Anadarko assets for $3.0B cash, expects Q2 2026 close
Cash proceeds of $3.0 billion from sale of ~360K net acres in Oklahoma.
Closed acquisition of NuVista for total consideration ~$2.7B, comprising C$1.57B cash and ~30.1M Ovintiv shares.
Ovintiv receives Canadian gov't approval for NuVista acquisition; closing Feb 3
Government of Canada approved the acquisition under the Investment Canada Act.
Ovintiv's NuVista acquisition gets 99% shareholder approval and court final order
NuVista shareholders approved arrangement with ~99% of votes cast at special meeting.
Ovintiv provides pro forma reserves and production for NuVista acquisition; expects Q1 2026 close
Pro forma total proved reserves of 2,452 Mboe (Ovintiv 2,057 + NuVista 395) as of Dec 31, 2024.
Ovintiv enters $1.2B term credit agreement to finance NuVista acquisition
Two-year term loan facility of up to $1.2 billion entered on Nov 25, 2025.
Ovintiv to acquire NuVista for C$18.00/share cash or 0.344 OVV shares; C$130M termination fees
NuVista shareholders can elect C$18.00 cash or 0.344 Ovintiv shares per NuVista share, subject to pro-ration.
Ovintiv to acquire NuVista Energy for ~$2.7B (C$3.8B) in cash/stock deal
Acquisition price ~C$17.80/sh, 50% cash/50% stock; adds ~140K net acres, ~100 MBOE/d production.
Ovintiv Q3 prod 630 MBOE/d, raises FY guidance to 610-620 MBOE/d, capex unchanged
Net earnings $148M ($0.57 diluted EPS) incl $108M after-tax impairment; Non-GAAP CF $895M.
Ovintiv Q2 net earnings $307M; production beat; raises FY guidance, lowers capex $50M
Q2 net earnings $307M ($1.18 diluted EPS); Non-GAAP Cash Flow $913M; FCF $392M after capex $521M.
Ovintiv Q1 net loss $159M on $557M impairment; closed Montney and Uinta deals
Q1 net loss of $159M ($0.61/diluted share) includes non-cash ceiling test impairment of $557M after tax.
Ovintiv FY2024 net earnings $1.1B, Q4 net loss $60M; Montney/Uinta deals close
Full-year 2024 net earnings $1.1B ($4.21 diluted EPS); Q4 net loss $60M ($0.23 loss per share) includes $350M after-tax impairment.
Ovintiv closes $2.307B Montney acquisition; pro forma EPS rises to $8.65 (FY2023)
Acquisition adds ~109,000 net acres and ~900 net well locations in Montney formation from Paramount Resources.
Ovintiv closes $2.307B Montney asset acquisition from Paramount, adds 70 MBOE/d
Acquired ~109,000 net acres in Montney for C$3.325B cash plus Horn River assets.
Ovintiv closes $2B sale of Uinta assets to FourPoint Resources; Montney acquisition on track
Closed sale of substantially all Uinta assets (Utah) to FourPoint Resources for ~$2 billion in cash.
Ovintiv enters $2.5B in term loans to partly fund Montney acquisition from Paramount Resources
$1.5B 364-day asset-sale term loan and $1.0B two-year term loan entered on Dec 10, 2024.
Ovintiv to acquire Montney assets for C$3.325B, sell Uinta for $2.0B, boosting cash flow
Acquisition adds ~109,000 net acres, ~70 MBOE/d production, ~900 well locations (~600 premium) in Alberta Montney for C$3.325B cash.
Ovintiv Q3 net earnings $507M, production beats high-end guidance; raises full-year outlook
Net earnings $507M ($1.92 diluted EPS); Non-GAAP cash flow $978M, free cash flow $440M after $538M capex.
Ovintiv Q2 net earnings $340M; raises full-year production guidance to 570-580 MBOE/d
Net earnings $340M ($1.27 diluted EPS); Non-GAAP Free Cash Flow $403M after capex of $622M.
Ovintiv posts Q1 net earnings $338M, raises full-year production guidance, FCF outlook to $1.9B
Net earnings $338M ($1.24 diluted EPS); Non-GAAP Cash Flow $1,035M; Free Cash Flow $444M.
Ovintiv Q4 net earnings $856M, FY free cash flow $1.155B; 2024 outlook higher oil with less capital
Full year 2023 net earnings $2.085B; cash from operations $4.167B; non-GAAP free cash flow $1.155B.
Selling stockholder NMB Stock Trust offered 9,400,000 shares of common stock received as consideration for Permian Basin assets acquired from EnCap.
On February 19, 2025, Suzanne P. Nimocks notified the Board of Directors (the “Board”) of Ovintiv Inc. (the “Corporation”) that she will not stand for re-election as a director of the Corporation at the Corporation’s 2025 Annual Meeting of Shareholders.
On January 27, 2025, Ovintiv Inc. (the "Corporation") issued a news release announcing the appointment of Terri G. King to the Board of Directors of the Corporation (the "Board"), effective January 31, 2025.
On March 7, 2024, Ovintiv Inc. (the “Company”) announced that it will eliminate the role of Executive Vice-President, Midstream, Marketing & Fundamentals of the Company, and as a result, Renee E. Zemljak will no longer serve in the role effective as of April 1, 2024.
On February 20, 2024, Lee A. McIntire notified the Board of Directors (the “Board”) of Ovintiv Inc. (the “Corporation”) that he will retire as a director at the end of his current term and will not stand for re-election as a director of the Corporation at the Corporation’s 2024 Annual Meeting of Stockholders.
On January 11, 2024, Ovintiv Inc. (the “Corporation”) issued a news release announcing the appointment of Sippy Chhina to the Board of Directors of the Corporation (the “Board”), effective January 15, 2024.
On December 12, 2023, Katherine L. Minyard notified the Board of Directors (the “Board”) of Ovintiv Inc. (the “Corporation”) that she will retire as a director of the Corporation effective December 31, 2023.
In its September 6, 2022 news release, the Corporation also announced that Bruce G. Waterman will retire as a director of the Corporation effective December 31, 2022.
On September 6, 2022, Ovintiv Inc. (the “Corporation”) issued a news release announcing the appointment of Ralph Izzo to the Board of Directors of the Corporation (the “Board”), effective September 6, 2022.
Max materiality 0.85 · Median 0.60 · Most common event m_and_a