"Today's announcement marks a significant advancement in our strategy to expand market access and maximize the profitability of our Montney gas resource through participation in global LNG markets," said Meghan Eilers, EVP of Midstream and Marketing at Ovintiv. "We are excited to partner with Pembina to supply low- cost Canadian natural gas to overseas markets, supporting energy security and global emissions reductions." Important information DENVER, Dec. 15, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TS ...

Steven Nance to Succeed Dea as Board ChairmanDENVER, Dec. 12, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") today announced that Peter Dea will retire from its Board of Directors (the "Board") effective May 6, 2026. Steven Nance has been unanimously elected by the Board to replace Dea as Board Chairman. Continue Reading View PDF Ovintiv Announces Retirement of Peter Dea from its Board of Directors (CNW Group/Ovintiv Inc.) Mr. Dea joined the B ...

Ovintiv Inc. (NYSE:OVV) ranks among the best energy stocks with huge upside potential. William Blair started tracking Ovintiv Inc. (NYSE:OVV) on November 26 with an Outperform rating and a $50 price target. The firm highlighted the company’s recent acquisition of NuVista as a positive driver, pointing out that it “accretively adds core liquids inventory with potential for incremental synergies.” Pixabay/Public Domain The acquisition will add around 930 net well placements, each equivalent to 10,000 feet ...

Core Insights - Ovintiv Inc. (NYSE:OVV) is highlighted as one of the top energy stocks to buy, with UBS raising its price target from $52 to $54 while maintaining a Buy rating [1] - The acquisition of NVA and the upcoming Anadarko disposal are seen as strategic moves that align with Ovintiv's business goals and set a path for outperformance through 2026 [1][3] Acquisition Details - The NVA acquisition is expected to add approximately 140,000 net acres and 100,000 barrels of oil equivalent per day in Alberta's Montney region, enhancing Ovintiv's existing assets [2] - This acquisition is anticipated to significantly improve Ovintiv's balance sheet and increase its capacity for shareholder returns and resource enhancements, which UBS considers the most substantial benefit [2] Strategic Catalysts - UBS identifies the Anadarko acquisition as a key catalyst for Ovintiv, suggesting that its successful completion could justify the higher price target [3] - Ovintiv operates primarily in natural gas, oil, and natural gas liquids across the United States and Canada, positioning it well within the energy sector [3]

Group 1: Apache Corporation (APA.US) - Analyst Neal Dingmann from William Blair initiates coverage on Apache Corporation, highlighting its unique investment value despite previous concerns about asset quality in the Permian Basin [1] - The report emphasizes significant growth potential in the Egyptian gas sector due to prior underdevelopment and improved pricing structures [1] - Apache is projected to generate nearly $1.4 billion in free cash flow by 2026, increasing to $1.7 billion by 2027 [1] Group 2: Coterra Energy (CTRA.US) - Coterra Energy demonstrates operational efficiency through the Windham Row project, which includes a total of 73 wells across six drilling units [2] - The company is expected to produce approximately $2.9 billion in free cash flow in 2026, with an increase to $3.9 billion in 2027, assuming stable oil and gas prices [2] Group 3: Ovintiv (OVV.US) - Ovintiv has established a high-quality asset portfolio centered around the Permian Basin and Montney formation, focusing on internal growth and external acquisitions [2] - The company aims to optimize its balance sheet, with net debt potentially falling below $4 billion if land block assets are successfully sold [2] - Free cash flow projections for Ovintiv are estimated at $1.7 billion in 2026, rising to $2.4 billion in 2027 [2]

Core Insights - Ovintiv Inc. is focused on the exploration, extraction, and production of oil, LNG, and natural gas in North America, with operations in Canada and the United States [1] Company Overview - The company operates primarily in the Montney Basin in Canada and has significant holdings in the United States [1] - Ovintiv is characterized by a strong commitment to shareholder value through sustained buyback programs and dividend distributions [1] Investment Focus - The company is appealing to investors looking for value in sectors like oil and gas, particularly those that demonstrate sustained free cash flows, low leverage, and potential for recovery [1] - Ovintiv is positioned in emerging markets, which may offer high margins and attractive medium to long-term investment opportunities [1]

Company Overview - Ovintiv (OVV) is focused on the exploration, extraction, and production of oil, LNG, and natural gas in North America, with operations in Canada (Montney Basin) and the United States (Permian Basin) [1] Investment Focus - The company is appealing to investors looking for value in commodity production, particularly those that demonstrate sustained free cash flows, low leverage, and sustainable debt levels [1] - Ovintiv is positioned as a potential investment opportunity due to its operations in less widely covered sectors like oil and gas, as well as in emerging markets, which may offer high margins and medium to long-term investment potential [1] Shareholder Value - The company maintains a pro-shareholder attitude, exemplified by solid and sustained buyback programs and dividend distributions over time [1]

Core Insights - Ovintiv Inc. is considered one of the most undervalued stocks on the NYSE, with a price target raised to $42 from $38 by Wells Fargo analyst Hanwen Chang, who maintains an Equal Weight rating on the shares [1][3] Acquisition Details - Ovintiv signed a definitive agreement to acquire NuVista Energy for approximately $2.7 billion (CAD 3.8 billion) in a cash-and-stock transaction, with a total acquisition price of about CAD 17.8 per share [2] - The acquisition includes a blend of 50% cash and 50% Ovintiv common stock, and Ovintiv already owns 9.6% of NuVista's outstanding shares [2] Asset Quality and Production Potential - The acquisition focuses on high-quality assets in the Alberta Montney region, providing Ovintiv with around 930 net 10,000-foot equivalent well locations and approximately 140,000 net acres, with about 70% of the acreage undeveloped [3] - The NuVista assets are projected to produce an average of 100,000 barrels of oil equivalent per day next year, including about 25,000 barrels per day of oil and condensate, allowing for over 5% annual growth in Montney oil and condensate volumes for the next 3-5 years [3]

Core Viewpoint - Ovintiv Inc. is positioned for future growth through strategic expansions and acquisitions, with positive financial performance reported in Q3 2025 [3][4][5]. Financial Performance - Ovintiv reported Q3 2025 results with $351 million in free cash flow and production at the high end of guidance, despite a significant drop in WTI oil prices [4]. - The company achieved adjusted earnings of $267 million and non-GAAP free cash flow of $351 million after capital expenditures of $544 million [5]. Strategic Initiatives - The strategic Montney expansion is identified as a key catalyst for future growth, with total Montney production expected to average about 400,000 BOE per day [3][6]. - The acquisition of NuVista Energy is anticipated to add approximately 100,000 BOE/day in 2026 and streamline the portfolio [5]. Analyst Ratings and Price Targets - Citi reduced its price target for Ovintiv from $54 to $52 while maintaining a "Buy" rating [2]. - Evercore ISI increased its price target from $43 to $47, citing the company's strong Q3 results and strategic initiatives [3].

Core Insights - The article discusses the investment analysis of oil and gas companies, particularly focusing on Ovintiv, highlighting its long-term performance issues and cyclical nature of the industry [2]. Group 1: Company Analysis - Ovintiv has a history characterized by buying, selling, and spinoffs, which suggests a lack of significant progress over time [2]. - The company is viewed as having a "miserable long-term track record," indicating potential undervaluation in the market [2]. Group 2: Industry Perspective - The oil and gas sector is described as a boom-bust, cyclical industry, requiring patience and experience for successful investment [2]. - The focus is on identifying under-followed oil companies and out-of-favor midstream companies that present compelling investment opportunities [2].