Browsing Tag
Ovintiv Inc.
6 posts
Ovintiv to buy Logan Energy for $890m as Montney oil production expands
Ovintiv's proposed acquisition adds approximately 20,000 barrels of daily production, extensive Canadian drilling inventory and processing infrastructure, while a separate Logan Oil spinout makes the transaction more complex than its headline cash price.
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.
Devon Energy (DVN) stock in focus after $8bn Marcellus offer from Stone Ridge Asset Management
Devon Energy’s $8B Marcellus offer tests shale portfolio discipline after Coterra. See why asset sales may reshape its strategy.
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.