Browsing Tag
Montney
11 posts
Advantage Energy (TSX: AAV) closes C$316m Wembley sale and resumes buybacks
Advantage Energy has completed the C$316 million sale of its Wembley assets ahead of schedule, using the proceeds to reduce bank debt before restarting significant share repurchases.
ARC Resources exits TSX after Shell completes one of Canada’s biggest energy deals
Shell has completed its acquisition of ARC Resources at an updated US$16.5 billion enterprise value, immediately adding roughly 370,000 boe/d of Canadian production. About three-quarters of the equity consideration is being paid in Shell shares, while management expects the transaction to become accretive to free cash flow per share from 2027.
Advantage Energy could lift production per share 8% even after selling Wembley
Advantage Energy Ltd. will lose 5,730 boe/d with the Wembley sale, but completing its planned 2026 and 2027 buybacks could reduce the share count by roughly 14.5%. If retained production holds near guidance, output per share could actually rise about 8%.
Advantage Energy to sell Wembley Montney assets for C$316m and targets major buybacks
Advantage Energy is selling its Wembley assets for C$316 million, sacrificing 5,730 boe/d of production to push net debt toward C$245 million and accelerate share repurchases.
Why Ovintiv is spending $460m on acreage instead of buying another producer
Ovintiv has struck more than 60 transactions worth about $460 million to add 41,000 net acres and 240 drilling locations, using smaller deals to extend its highest-value Permian and Montney inventory.
Ovintiv (OVV) Q2 2026: Net debt cut 42%, buybacks lift to 63% of free cash flow
Ovintiv's $2.82B Anadarko sale cut leverage to 0.6x and lifted Q2 buybacks to 63% of FCF, but the divestiture booked a $337M loss and EPS missed Street.
Shell (NYSE: SHEL) to acquire ARC Resources in $16.4bn Montney bet
Shell just abandoned its 1% production growth promise. The Montney is now its growth engine, and 228 million new shares are the price.
NuVista shareholders back Ovintiv’s $2.7bn bid, final order granted by Alberta court
Ovintiv wins NuVista shareholder approval and court clearance for $2.7B deal. Find out what this means for Montney growth, debt targets, and investors.
Ovintiv (NYSE: OVV) signs 12-year Cedar LNG deal to diversify Montney gas exports to Asia
Ovintiv signs 12-year Cedar LNG deal with Pembina and Haisla Nation, unlocking clean export access to Asia for Montney gas. Find out why this matters now.
Pembina Gas Infrastructure to acquire key midstream assets from Veren for C$400m
Pembina Pipeline Corporation has announced a landmark deal through its joint venture, Pembina Gas Infrastructure Inc., to acquire…