Ovintiv Completes Acquisition of NuVista Energy for $2.7 Billion

February 3, 2026

Ovintiv completed its acquisition of all common shares of NuVista Energy Ltd. in a cash-and-stock transaction valued at about $2.7 billion. The deal adds roughly 140,000 net acres and about 930 net 10,000-foot equivalent well locations in the oil-rich Alberta Montney, with expected 2026 production averaging about 100 MBOE/d.

Buyers
Ovintiv Inc., Ovintiv Canada ULC
Targets
NuVista Energy Ltd.
Industry
Energy
Location
Alberta, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.