OVV - Public offerings

DENVER, April 9, 2026 /CNW/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) ("Ovintiv" or the "Company") today closed the previously announced all cash sale of its Anadarko assets, located in Oklahoma, for $3.0 billion. After customary closing adjustments, proceeds from the sale are expected to total approximately $2.85 billion. "The Anadarko sale completes the transformation of our portfolio and our balance sheet," said Ovintiv President and CEO, Brendan McCracken. "Proceeds from the sale will go to debt reduction, marking the achievement of our debt target and unlocking returns for our shareholders."In addition, the Company today announced that it has issued a notice to

DENVER, Feb. 3, 2026 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) ("Ovintiv" or the "Company") announced today that it has completed its acquisition of all of the common shares ("NuVista Shares") of NuVista Energy Ltd. (TSX:NVA) ("NuVista") in a cash and stock transaction valued at $2.7 billion. The acquisition is expected to add approximately 930 net 10,000-foot equivalent well locations, and approximately 140,000 net acres (approximately 70% undeveloped) in the core of the oil-rich Alberta Montney. Full year 2026 production from the acquired assets is expected to average approximately 100 MBOE/d (approximately 25 thousand barrels per day ("Mbbls/d") of oil and condensate). The assets

DENVER, Jan. 31, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) ("Ovintiv" or the "Company") today closed the previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day ("MBOE/d") of production, 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acres of land, strategically located near the Company's current Montney operations with ample access to midstream infrastructure capacity. "We are set to rapidly integrate the new Montney asset into our portfolio," said Ovintiv President and CEO, Brendan McCracken. "We consider it to be one of the highest q

DENVER, Jan. 22, 2025 /PRNewswire/ - Ovintiv Inc. ((NYSE, TSX:OVV) ("Ovintiv" or the "Company") today closed the previously announced all cash sale of substantially all its Uinta assets, located in Utah, to FourPoint Resources, LLC, for approximately $2 billion. "The Uinta sale builds on our track record of unlocking significant value from our non-core assets while focusing our portfolio and extending inventory runway in our core areas," said Ovintiv President and CEO, Brendan McCracken. Ovintiv's previously announced acquisition of Alberta Montney assets from Paramount Resources Ltd. is expected to close before the end of the first quarter. Important informationOvintiv reports in U.S. dol

DENVER, Nov. 20, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) (the "Company") today announced the upsize and pricing of a previously announced underwritten public offering of its common stock (the "Offering") by NMB Stock Trust, a Delaware statutory trust (the "Selling Stockholder"). The size of the Offering increased from the previously announced 8,400,000 shares to an aggregate of 9,400,000 shares of the Company's common stock at a price to the public of US$44.35 per share, for gross proceeds of approximately US$416.9 million, before underwriting discount and estimated offering expenses. The Company will not sell any shares of its common stock in the Offering and will not receive

DENVER, Sept. 11, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) (the "Company") today announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock by NMB Stock Trust, a Delaware statutory trust (the "Selling Stockholder"), for gross proceeds of approximately US$684.8 million (the "Offering"). The Company will not sell any shares of its common stock in the Offering and will not receive any proceeds from the sale of the shares in the Offering. The Offering is expected to close on September 13, 2023, subject to customary closing conditions. J.P. Morgan is acting as underwriter for this Offering. The shares will be sold in a registered offering pursua

Company Updates 2023 Guidance for Early Close DENVER, June 12, 2023 /CNW/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) ("Ovintiv" or the "Company") today closed the previously announced acquisition of core Midland Basin assets, adding approximately 1,050 net 10,000 foot well locations and approximately 65,000 net acres of largely undeveloped land adjacent to Ovintiv's existing Permian operations. The Company has acquired substantially all the leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, which are portfolio companies of funds managed by EnCap Investments L.P. ("EnCap"), in a cash and stock transaction valued at $4.275 billion.

Company Updates 2023 Guidance for Early Close DENVER, June 12, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) ("Ovintiv" or the "Company") today closed the previously announced acquisition of core Midland Basin assets, adding approximately 1,050 net 10,000 foot well locations and approximately 65,000 net acres of largely undeveloped land adjacent to Ovintiv's existing Permian operations. The Company has acquired substantially all the leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, which are portfolio companies of funds managed by EnCap Investments L.P. ("EnCap"), in a cash and stock transaction valued at $4.275 billion. The Com