Ovintiv

OVV

Market cap $10.2B

CALGARY, Alberta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. (TSX: NVA) ("NuVista") is pleased to announce that it has filed its management information circular (the "Circular") and accompanying materials for the upcoming special meeting (the "Meeting") of the holders (the "Shareholders") of common shares of NuVista ("NuVista Shares") in connection with the previously announced plan of arrangement (the "Arrangement") involving NuVista, the Shareholders, Ovintiv Inc. ("Ovintiv") and a wholly-owned subsidiary of Ovintiv, Ovintiv Canada ULC ("Ovintiv Canada").

OVV stock holds up better than peers, backed by an accretive NuVista deal, but impairments and falling 2025 earnings estimates keep the outlook steady.

DENVER , Dec. 15, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") and a subsidiary of Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) today announced the signing of a 12-year agreement (the "Agreement") for 0.5 million tonnes per annum ("mtpa") of Pembina's liquefaction capacity at the Cedar LNG facility ("Cedar LNG"). The Agreement enables the export of 0.5 mtpa of LNG, under which Pembina will provide transportation and liquefaction capacity to Ovintiv over a 12-year term, commencing with commercial operations at Cedar LNG, anticipated in late 2028.

Steven Nance to Succeed Dea as Board Chairman DENVER , 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.

Ovintiv (OVV) reported earnings 30 days ago. What's next for the stock?

OVV maintains a presence in Canada in the Montney Basin and in the US in the Permina Basin, taking advantage of the different royalty structure in each of the countries. The acquisition of NuVista Energy for $2.7 billion would allow the company to add 100 MBOE/D to production. OVV's EBITDA for Q3 2025 was $966 million, which, if annualized, yields an EV/EBITDA of 4.21x.

Ovintiv continues its pattern of frequent acquisitions, divestitures, and spinoffs. Operational excellence is a hallmark of this management. Recent guidance revisions merely restore production forecasts to previous levels.

OVV's strong production, strategic acquisitions and firm liquidity support the stock even as commodity prices and leverage pressure its outlook.

OVV tops Q3 profit estimates as stronger gas prices and output offset weaker oil revenues and margins.

Ovintiv Inc. ( OVV ) Q3 2025 Earnings Call November 5, 2025 10:00 AM EST Company Participants Jason Verhaest Brendan McCracken - President, CEO & Director Corey Code - Executive VP & CFO Gregory Givens - Executive VP & COO Conference Call Participants Kaleinoheaokealaula Akamine - BofA Securities, Research Division Phillip Jungwirth - BMO Capital Markets Equity Research Scott Gruber - Citigroup Inc., Research Division Wei Jiang - Barclays Bank PLC, Research Division Francis Lloyd Byrne - Jefferies LLC, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Margaret Drefke - Goldman Sachs Group, Inc., Research Division Kevin MacCurdy - Pickering Energy Partners Insights David Deckelbaum - TD Cowen, Research Division Christopher Baker - Evercore ISI Institutional Equities, Research Division Geoff Jay - Daniel Energy Partners, LLC Presentation Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to Ovintiv's 2025 Third Quarter Results Conference Call.