Ovintiv Inc. Q4 2025 Earnings Call Summary

Management declared the multi-year portfolio transformation complete following the NuVista acquisition and the agreement to divest Anadarko assets, focusing capital on the Permian and Montney basins. The company achieved a significant inventory expansion, adding over 3,200 locations since 2023 at an average cost of $1.4 million per net 10,000-foot location without equity dilution. Performance in the Permian was attributed to 'stacked innovation,' specifically the use of surfactants in completions whic ...