Earnings summaries and quarterly performance for Ovintiv.
Executive leadership at Ovintiv.
Brendan McCracken
Chief Executive Officer
Corey Code
Executive Vice-President & Chief Financial Officer
Greg Givens
Executive Vice-President & Chief Operating Officer
Meghan Eilers
Executive Vice-President, Midstream & Marketing and General Counsel
Rachel Moore
Executive Vice-President, Corporate Services
Board of directors at Ovintiv.
Research analysts who have asked questions during Ovintiv earnings calls.
Arun Jayaram
JPMorgan Chase & Co.
4 questions for OVV
Neil Mehta
Goldman Sachs
4 questions for OVV
Gabriel Daoud
Cowen
3 questions for OVV
Kaleinoheaokealaula Akamine
Bank of America
3 questions for OVV
Douglas George Blyth Leggate
Wolfe Research
2 questions for OVV
Doug Leggate
Wolfe Research
2 questions for OVV
Geoff Jay
Daniel Energy Partners
2 questions for OVV
Kevin MacCurdy
Pickering Energy Partners
2 questions for OVV
Neal Dingmann
Truist Securities
2 questions for OVV
Phillips Johnston
Capital One Securities, Inc.
2 questions for OVV
David Deckelbaum
TD Cowen
1 question for OVV
Dennis Fong
CIBC World Markets
1 question for OVV
Greg Pardy
RBC Capital Markets
1 question for OVV
John Daniel
Daniel Energy Partners
1 question for OVV
Josh Silverstein
UBS Group
1 question for OVV
Joshua Silverstein
UBS Group AG
1 question for OVV
Kalei Akamine
Bank of America
1 question for OVV
Phillip Jungwirth
BMO Capital Markets
1 question for OVV
Recent press releases and 8-K filings for OVV.
- Ovintiv Inc. and NuVista Energy Ltd. have received approval under the Investment Canada Act for Ovintiv's acquisition of NuVista.
- This approval, along with prior clearance under the Competition Act (Canada) and a Final Order from the Court of King's Bench of Alberta, clears the way for the stock-and-cash transaction.
- NuVista shareholders approved the acquisition on January 23, 2026.
- The transaction is anticipated to close on or about February 3, 2026.
- Ovintiv Inc. and NuVista Energy Ltd. announced that the Government of Canada has approved Ovintiv's acquisition of NuVista under the Investment Canada Act.
- This approval follows previous clearance under the Competition Act (Canada) and a Final Order granted by the Court of King's Bench of Alberta.
- NuVista shareholders approved the Transaction on January 23, 2026.
- The acquisition is expected to close on or about February 3, 2026.
- NuVista Energy Ltd. shareholders approved the plan of arrangement with Ovintiv Inc. on January 23, 2026, with approximately 99% of votes cast in favor.
- The Court of King's Bench of Alberta has granted the Final Order for the stock-and-cash acquisition of NuVista by Ovintiv.
- Preliminary results for the consideration elections show that NuVista shareholders who elected to receive all cash will receive 100% cash, while those who elected all stock will receive approximately 58% stock and 42% cash.
- Shareholders who did not make a valid election or elected a 50/50 split will receive approximately 71% cash and 29% stock.
- The transaction, which includes a maximum aggregate Cash Consideration of approximately $1.57 billion (CAD) and a maximum aggregate Share Consideration of approximately 30.1 million Ovintiv Shares, is expected to close shortly after receiving approval under the Investment Canada Act.
- NuVista shareholders approved the plan of arrangement with Ovintiv, with approximately 99% of votes cast in favor.
- The Court of King's Bench of Alberta granted the Final Order for the transaction, which is expected to close shortly after receipt of approval under the Investment Canada Act.
- Preliminary results of consideration elections for NuVista shareholders indicate varying proportions of cash and share consideration, subject to a maximum aggregate Cash Consideration of approximately $1.57 billion (CAD) and Share Consideration of approximately 30.1 million Ovintiv Shares. For example, shareholders electing all shares will receive approximately 58% of their total consideration as Share Consideration and 42% as Cash Consideration.
- Independent proxy advisory firms, including Institutional Shareholder Services (ISS), have recommended NuVista shareholders vote "FOR" the special resolution approving the plan of arrangement with Ovintiv Inc..
- The special meeting for NuVista shareholders to approve the Arrangement will be held on January 23, 2026, at 8:00 a.m. (Calgary time), with a proxy voting deadline of January 21, 2026, at 8:00 a.m. (Calgary time).
- NuVista Shareholders can elect to receive $18.00 in cash per NuVista Share, 0.344 of an Ovintiv Share per NuVista Share, or a combination, with the election deadline set for January 21, 2026, at 4:30 p.m. (Calgary Time).
- Shareholders who do not submit an election by the deadline will be deemed to have elected a 50/50 split between Cash Consideration and Share Consideration for their NuVista Shares.
- Ovintiv Inc. entered into an Arrangement Agreement on November 4, 2025, to acquire NuVista Energy Ltd. in a stock-and-cash transaction, with closing expected by the end of the first quarter of 2026.
- The document provides unaudited pro forma operational information, showing the combined company's Total Proved Reserves of 2,452.0 Mboe for the year ended December 31, 2024, and Total Average Daily Production of 683.5 BOE/d for the nine months ended September 30, 2025.
- The pro forma consolidated capitalization as of September 30, 2025, indicates an Ovintiv Adjusted Total Net Capitalization of $18,278 million.
- The acquisition consideration includes the issuance of 29,977,258 Ovintiv Shares and US$1,126,709,167 in cash, with Ovintiv intending to draw funds from its lending arrangements for the cash portion and to repay NuVista's debt.
- Ovintiv Inc. signed a 12-year agreement with a subsidiary of Pembina Pipeline Corporation for 0.5 million tonnes per annum (mtpa) of liquefaction capacity at the Cedar LNG facility.
- The agreement, announced on December 15, 2025, is anticipated to commence with commercial operations in late 2028.
- This strategic move provides Ovintiv, one of Canada's largest natural gas producers, with access to additional export markets to maximize the profitability of its Montney gas resource.
- Ovintiv Inc. has entered into a 12-year agreement with a subsidiary of Pembina Pipeline Corporation for 0.5 million tonnes per annum (mtpa) of liquefaction capacity at the Cedar LNG facility.
- This agreement, anticipated to commence in late 2028, will enable Ovintiv to export 0.5 mtpa of LNG, providing access to additional export markets.
- The partnership aims to expand market access and maximize the profitability of Ovintiv's Montney gas resource by supplying low-cost Canadian natural gas to overseas markets.
- Ovintiv Inc., through its subsidiary Ovintiv Canada ULC, entered into a Two-Year Term Credit Agreement on November 25, 2025, establishing a term loan facility of up to $1.2 billion.
- The Term Loan Facility is designated to finance the acquisition by Ovintiv Canada of all outstanding common shares of NuVista Energy Ltd. not already owned by Ovintiv Canada.
- The facility is set to mature on the second anniversary of the Funding Date and features interest rates based on either Base Rate/Canadian Prime Rate (plus 0.0 to 100.0 basis points) or Term SOFR/Adjusted Term CORRA (plus 100.0 to 200.0 basis points), varying with Ovintiv's credit ratings.
- A key financial covenant in the agreement stipulates that Ovintiv's ratio of consolidated debt to consolidated capitalization must not exceed 60% as of the last day of each fiscal quarter.
- Ovintiv Inc. entered into an Arrangement Agreement with NuVista Energy Ltd. on November 4, 2025, for an acquisition.
- The Aggregate Consideration for the arrangement is $3,137,154,858, plus additional amounts for NuVista Shares issued from incentive exercises.
- The agreement includes a potential C$130 million termination fee payable by NuVista in certain circumstances, and a C$130 million reverse termination fee payable by Ovintiv Canada if regulatory approvals are not received.
- The transaction's Arrangement Outside Date is May 4, 2026, with a possible three-month extension if regulatory approvals are not obtained, and requires 66 2/3% approval from NuVista shareholders.
Quarterly earnings call transcripts for Ovintiv.
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