Ovintiv to Acquire NuVista Energy in a Cash and Stock Deal Valued at $3.8B

Investor Outlook: Ovintiv to buy NuVista Energy in $3.8B deal, marking return to Canadian oil patch

Ovintiv to acquire NuVista Energy in $3.8B deal, expanding in Alberta’s Montney as energy M&A accelerates and U.S. investment returns to Canada.

Ovintiv to acquire NuVista Energy in a cash and stock deal valued at $3.8B

U.S.-based Ovintiv Inc. has agreed to acquire NuVista Energy Ltd. in a cash and stock deal valued at $3.8 billion.

NuVista Energy Enters Into Agreement to be Acquired by Ovintiv

$18.00 per NuVista Share Purchase Price, payable 50% in cash and 50% in Ovintiv Shares, represents a 21% premium to NuVista’s unaffected 20 day...

Ovintiv Completes Portfolio Transformation with Agreement to Acquire NuVista Energy Ltd. and Planned Divestiture of Anadarko Assets

Transaction Adds Scale and High-Quality Oil Inventory to Ovintiv's Premier Montney Position Highlights: Agreement reached to acquire NuVista Energy Ltd. at an...

Ovintiv Acquires Canada's NuVista Energy for $2.7B

Gibson Dunn, Paul Weiss and Vinson & Elkins were among the firms advising on the deal that complements Ovintiv's assets on both sides of the border; in the Permian as well as Canada's Montney Basin in northwestern Alberta and beyond. The post Ovintiv Acquires Canada’s NuVista Energy for $2.7B appeared first on The Texas Lawbook.

Ovintiv Completes Portfolio Transformation with Agreement to Acquire NuVista Energy Ltd. and Planned Divestiture of Anadarko Assets - Energy News, Top Headlines, Commentaries, Features & Events

Transaction Adds Scale and High-Quality Oil Inventory to Ovintiv’s Premier Montney Position Highlights: Agreement reached to acquire NuVista Energy Ltd. at an average price of approximately C$17.80 per share, or total consideration of approximately $2.7 billion (C$3.8 billion) Acquisition is expected to add approximately 140,000 net acres and approximately 100 thousand barrels of oil equivalent per day (“MBOE/d”) in the core of ...