공시 • Feb 03
Ovintiv Canada ULC completed the acquisition of remaining 90.4% stake in NuVista Energy Ltd. (TSX:NVA). Ovintiv Canada ULC signed a definitive arrangement agreement to acquire remaining 90.4% stake in NuVista Energy Ltd. (TSX:NVA) for CAD 3.4 billion on November 4, 2025. Under the terms of the Agreement, NuVista Shareholders will have the option to choose from the following for each NuVista Share: (i) a cash payment of $18.00; (ii) 0.344 shares of Ovintiv common stock (iii) a combination of cash and Ovintiv Shares. This combination will be subject to pro-ration based on specified maximum amounts for both cash and Ovintiv Shares, as outlined in the Agreement. Notably, the maximum amounts for cash and Ovintiv Shares each represent 50% of the total consideration payable to NuVista Shareholders. As part of consideration, CAD 24.74 million is paid towards Performance share awards common equity, CAD 9.66 million is paid towards Restricted share awards common equity, CAD 42.19 million is paid towards Stock options common equity and CAD 1.79 billion is paid towards common equity of NuVista Energy Ltd. The transaction is expected to be immediately and long-term accretive across key operational and financial metrics. The cash portion of the transaction is expected to be funded through a combination of the Company’s cash on hand, borrowings under the Company's credit facility and/or proceeds from a term loan.
The transaction is subject to approval by regulatory board, approval of offer by target shareholders, subject to antitrust regulations and subject to court approval. The transaction was Unanimously approved by NuVista’s and Ovintiv Board of Directors. As of January 23, 2026, the transaction has been approved by the shareholders of NuVista. The transaction is expected to close in the first quarter of 2026. As of January 28, 2026, the Government of Canada has approved the transaction. The transaction previously received clearance under the Competition Act (Canada) and the Court of King's Bench of Alberta has granted the Final order in respect of the transaction. The expected completion of the transaction is on February 3, 2026.
Peters & Co., Limited acted as financial advisor for NuVista Energy Ltd. RBC Capital Markets, LLC and CIBC World Markets, Inc. acted as financial advisor for NuVista Energy Ltd. Peters & Co., Limited acted as fairness opinion provider for NuVista Energy Ltd. Grant Zawalsky and Bronwyn Inkster of Burnet, Duckworth & Palmer LLP acted as legal advisor for NuVista Energy Ltd. Vinson & Elkins LLP acted as legal advisor for NuVista Energy Ltd. Morgan Stanley (NYSE:MS) acted as a financial advisor to Ovintiv Canada. J.P. Morgan Securities LLC acted as a financial advisor to Ovintiv Canada. Gibson, Dunn & Crutcher LLP acted as a legal advisor to Ovintiv Canada. Laura Turano, Scott Barshay and Cristina Amodeo of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as a legal advisor to Ovintiv Canada. Jeff Bakker and Michael Barrett of Blake, Cassels & Graydon LLP acted as a legal advisor to Ovintiv Canada.
Ovintiv Canada ULC completed the acquisition of remaining 90.4% stake in NuVista Energy Ltd. (TSX:NVA) on February 3, 2026. 공시 • Nov 12
Nuvista Energy Ltd. Maintains Production Guidance for the Fourth Quarter and Full Year 2025 NuVista Energy Ltd. maintained production guidance for the fourth quarter and full year 2025. The company maintains previous fourth quarter production guidance of approximately 100,000 Boe/d and 2025 average production guidance of approximately 83,000 Boe/d. 공시 • Nov 05
Ovintiv Canada ULC signed a definitive arrangement agreement to acquire remaining 90.4% stake in NuVista Energy Ltd. (TSX:NVA) for CAD 3.4 billion. Ovintiv Canada ULC signed a definitive arrangement agreement to acquire remaining 90.4% stake in NuVista Energy Ltd. (TSX:NVA) for CAD 3.4 billion on November 4, 2025. Under the terms of the Agreement, NuVista Shareholders will have the option to choose from the following for each NuVista Share: (i) a cash payment of $18.00; (ii) 0.344 shares of Ovintiv common stock (iii) a combination of cash and Ovintiv Shares. This combination will be subject to pro-ration based on specified maximum amounts for both cash and Ovintiv Shares, as outlined in the Agreement. Notably, the maximum amounts for cash and Ovintiv Shares each represent 50% of the total consideration payable to NuVista Shareholders. As part of consideration, CAD 24.74 million is paid towards Performance share awards common equity, CAD 9.66 million is paid towards Restricted share awards common equity, CAD 42.19 million is paid towards Stock options common equity and CAD 1.79 billion is paid towards common equity of NuVista Energy Ltd. The transaction is expected to be immediately and long-term accretive ac
he cash portion of the transaction is expected to be funded through a combination of the Company’s cash on hand, borrowings under the Company's credit facility and/or proceeds from a term loan.
The transaction is subject to approval by regulatory board, approval of offer by target shareholders, subject to antitrust regulations and subject to court approval. The transaction was Unanimously approved by NuVista’s and Ovintiv Board of Directors. The transaction is expected to close in the first quarter of 2026.
Peters & Co., Limited acted as financial advisor for NuVista Energy Ltd. RBC Capital Markets, LLC acted as financial advisor for NuVista Energy Ltd. Peters & Co., Limited acted as fairness opinion provider for NuVista Energy Ltd. Burnet, Duckworth & Palmer LLP acted as legal advisor for NuVista Energy Ltd. Vinson & Elkins LLP acted as legal advisor for NuVista Energy Ltd. Morgan Stanley (NYSE:MS) acted as a financial advisor to Ovintiv Canada. J.P. Morgan Securities LLC acted as a financial advisor to Ovintiv Canada. Gibson, Dunn & Crutcher LLP acted as a legal advisor to Ovintiv Canada. Laura Turano and Cristina Amodeo of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as a legal advisor to Ovintiv Canada. Blake, Cassels & Graydon LLP acted as a legal advisor to Ovintiv Canada. 공시 • Oct 02
An undisclosed buyer completed the acquisition of 9.50% stake in NuVista Energy Ltd. (TSX:NVA) from Paramount Resources Ltd. (TSX:POU). An undisclosed buyer agreed to acquire 9.50% stake in NuVista Energy Ltd. (TSX:NVA) from Paramount Resources Ltd. (TSX:POU) for approximately CAD 300 million on September 21, 2025. A cash consideration valued at CAD 16 per share will be paid by the buyer. Following the Transaction, Paramount will have direct ownership and control over 12,752,142 NuVista Shares, representing 6.55% of the outstanding NuVista Shares.
The expected completion of the transaction is October 1, 2025.
An undisclosed buyer completed the acquisition of 9.50% stake in NuVista Energy Ltd. (TSX:NVA) from Paramount Resources Ltd. (TSX:POU) on October 1, 2025. 공시 • Aug 11
NuVista Energy Ltd. to Report Fiscal Year 2025 Results on Mar 03, 2026 NuVista Energy Ltd. announced that they will report fiscal year 2025 results on Mar 03, 2026 공시 • Aug 07
NuVista Energy Ltd. Provides Production Guidance for the Third Quarter 2025, Fourth Quarter 2025, FY2025 and FY2026 NuVista Energy Ltd. provided production guidance for the third quarter 2025, fourth quarter 2025, FY2025 and FY2026. For the third quarter, the company expects total production of 68,000 - 70,000 Boe/d.
For the fourth quarter, the company expects total production of ~100,000 Boe/d.
For FY2025, the company now expects total production of ~83,000 Boe/d against previous guidance of ~90,000.
For the Fiscal Year 2026, the company expects total production of ~100,000 Boe/d.