BRIEF-Ovintiv Strengthens Portfolio With Core Oil-Rich Montney Asset Acquisition

Reuters
14 Nov 2024
BRIEF-Ovintiv Strengthens Portfolio With Core Oil-Rich Montney Asset Acquisition

Nov 14 (Reuters) - Ovintiv Inc OVV.N:

  • OVINTIV STRENGTHENS PORTFOLIO WITH CORE OIL-RICH MONTNEY ASSET ACQUISITION

  • OVINTIV INC - TO ACQUIRE MONTNEY ASSETS FOR $2.377 BILLION

  • OVINTIV INC - TO SELL UINTA BASIN ASSETS FOR $2 BILLION

  • OVINTIV INC - COMBINED TRANSACTIONS TO INCREASE 2025 FREE CASH FLOW BY $300 MILLION

  • OVINTIV INC: TEMPORARILY PAUSED ITS SHARE BUYBACK PROGRAM

  • OVINTIV INC: BASE DIVIDEND IS EXPECTED TO REMAIN UNCHANGED

  • OVINTIV INC OUTLOOK 2025 TOTAL VOLUMES OF APPROXIMATELY 620 MBOE/D

Source text: nPn4nl2KWa

Further company coverage: OVV.N

((Reuters.Briefs@thomsonreuters.com;))

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