Ovintiv Inc. acquires NuVista Energy Ltd.
Type: Acquisition · Technology: Oil Gas, Industrial · Country: Canada · Capacity: 100 MW · Value: CAD 2.7B · Announced: 2025-11-04
Ovintiv Inc. agreed to acquire all outstanding shares of NuVista Energy Ltd. in a cash-and-stock transaction valued at approximately $2.7 billion (C$3.8 billion), adding ~140,000 net acres and ~100 MBOE/d of production in the Alberta Montney and access to processing and downstream infrastructure.
Counterparties
- Ovintiv Inc (Buyer)
- NuVista Energy Ltd (Seller)
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