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Ovintiv Announces Acquisition Agreement with NuVista Energy

Story Highlights
  • Ovintiv Inc. plans to acquire NuVista Energy Ltd. in a stock-and-cash deal.
  • The acquisition requires shareholder and regulatory approvals and includes termination fee clauses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ovintiv Announces Acquisition Agreement with NuVista Energy

Meet Your ETF AI Analyst

Ovintiv ( (OVV) ) has issued an announcement.

On November 4, 2025, Ovintiv Inc., along with its subsidiary Ovintiv Canada ULC, entered into an Arrangement Agreement to acquire NuVista Energy Ltd. in a stock-and-cash transaction. The acquisition, approved by both companies’ boards, involves Ovintiv Canada acquiring all NuVista’s common shares with options for shareholders to receive cash, Ovintiv stock, or a combination of both. The transaction is subject to customary closing conditions, including shareholder and regulatory approvals, and includes provisions for termination fees under certain circumstances.

The most recent analyst rating on (OVV) stock is a Hold with a $50.00 price target. To see the full list of analyst forecasts on Ovintiv stock, see the OVV Stock Forecast page.

Spark’s Take on OVV Stock

According to Spark, TipRanks’ AI Analyst, OVV is a Neutral.

Ovintiv’s overall stock score reflects a balance of strengths and challenges. The strategic growth initiatives and strong financial performance highlighted in the earnings call are significant positives. However, the mixed financial performance, technical indicators, and high valuation present challenges that temper the overall outlook.

To see Spark’s full report on OVV stock, click here.

More about Ovintiv

Average Trading Volume: 3,144,928

Technical Sentiment Signal: Sell

Current Market Cap: $9.28B

For a thorough assessment of OVV stock, go to TipRanks’ Stock Analysis page.

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