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    11/5/2025

    Ovintiv Expands Montney Footprint with $2.7 Billion NuVista Acquisition

    Ovintiv Inc. (NYSE: OVV) announced a major portfolio transformation on Tuesday, unveiling an agreement to acquire Canadian producer NuVista Energy Ltd. for approximately $2.7 billion (C$3.8 billion) while simultaneously preparing to divest its Anadarko assets in 2026. The twin moves signal a renewed strategic focus on high-return oil and gas production in North America’s Montney region.

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