Key Takeaways PBA targets 2026 adjusted EBITDA of C$4.1B-C$4.4B, with fee-based growth due to higher volumes across assets.PBA plans C$1.6B in 2026 capital spending, with pipeline, facilities and Peace Pipeline system expansions.PBA plans C$1.6B in 2026 capital spending, with pipeline, facilities and Peace Pipeline system expansions.Pembina Pipeline Corporation (PBA) , a leader in North America's energy infrastructure, has outlined an ambitious growth strategy for 2026. This includes an increase in fee-base ...

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today its 2026 financial guidance, a commercial agreement for Cedar LNG capacity, and an expansion of the Peace Pipeline System to support growing customer demand. Highlights CEO Comment As we exit 2025, we are experiencing record throughput on the Peace Pipeline System and high utilization across our entire asset base. Moving forward into 2026, Pembina stands at the heart of one of t ...

J P M O R G A N North America Equity Research 08 December 2025 2026 E&P and Natural Gas Outlook Oil and NGL Fundamentals Stuck Between a Rock and a Hard Place While Tailwinds Continue for U.S. Gas; Upgrade CNX and DVN, Downgrade AR, OXY, and RRC JPM View: The 2026 E&P Outlook continues to be framed by supply side risks for oil and liquids, but the long-awaited demand inflection for natural gas has finally arrived. While there may be some temptation to take the other side of the "awash in oil" trade, the mag ...

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 ...

Third, Canada’s Oil Sands have a significantly lower breakeven point, and can still eke out a profit at oil prices that would make the majority of U.S. Shale Patch companies print red. The average breakeven oil price for Canada's oil sands is approximately $40–$57 per barrel of crude, with recent estimates suggesting even lower costs for some large producers. Half-cycle breakeven prices can go even lower, ranging from about $18 to $45 per barrel. Recent cost reductions are due to technological improvements ...

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]

Accessibility StatementSkip Navigation NEW YORK, Nov. 27, 2025 /PRNewswire/ -- We wish you a Happy Thanksgiving and Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), who has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report, is investigating: Gulf Island Fabrication, Inc. (NASDAQ: GIFI) related to its sale to IES Holdings, Inc. Under the terms of the proposed transact ...

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 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].