On the Record · Ovintiv
Ovintiv acquisitions, on the record
The businesses Ovintiv bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Midland basin assets (Permian Acquisition)Word for word“On June 12, 2023, the Company closed the purchase agreement to acquire substantially all leasehold interest and related assets from Black Swan Oil & Gas, LLC, PetroLegacy II Holdings, LLC, Piedra Energy III Holdings, LLC and Piedra Energy IV Holdings, LLC, which were portfolio companies of funds managed by EnCap Investments L.P. (“Permian Acquisition”).” 10-K for 2023 | acquisition | On June 12, 2023, the Company closed the purchase agreement | — |
Bakken assetsWord for word“On June 12, 2023, the Company closed the agreement to sell the entirety of its Bakken assets, comprising approximately 46,000 net acres in the Williston Basin of North Dakota, to Grayson Mill Bakken, LLC, a portfolio company managed by EnCap Investments L.P., for proceeds of approximately $734 million after customary closing adjustments of approximately $91 million.” 10-K for 2023 | divestiture | On June 12, 2023, the Company closed the agreement to sell the entirety of its Bakken assets | proceeds of approximately $734 million after customary closing adjustments of approximately $91 million |
Uinta assets (to FourPoint Resources, LLC)Word for word“On January 22, 2025, the Company closed the divestiture of substantially all of its Uinta assets to FourPoint Resources, LLC, for approximately $2.0 billion, before closing adjustments.” 10-K for 2024 | divestiture | On January 22, 2025, the Company closed | approximately $2.0 billion, before closing adjustments |
NuVista Energy Ltd.Word for word“On February 3, 2026, the Company closed its previously announced acquisition of all the issued and outstanding common shares of NuVista Energy Ltd. (“NuVista”) in a cash and stock transaction valued at approximately $2.8 billion (C$3.8 billion) (“NuVista Acquisition”), including Ovintiv’s previous purchase of 18.5 million common shares of NuVista.” 10-K for 2025 | acquisition | February 3, 2026 | approximately $2.8 billion (C$3.8 billion) |
Uinta assets (sold to FourPoint Resources, LLC)Word for word“On January 22, 2025, the Company closed its previously announced divestiture of substantially all of its Uinta assets, comprising approximately 126,000 net acres in the Uinta Basin of Utah, to FourPoint Resources, LLC, for approximately $1.9 billion, after closing and other adjustments.” 10-K for 2025 | divestiture | January 22, 2025 | approximately $1.9 billion |
Anadarko assetsWord for word“This includes our recent announcement to divest our Anadarko assets.” 10-K for 2025 | agreed divestiture | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-12-31 | $0 | — |
| 2018-12-31 | $0 | $0 |
| 2019-12-31 | −$94 million | — |
| 2020-12-31 | $0 | $0 |
| 2021-12-31 | $0 | $0 |
| 2022-12-31 | $0 | $0 |
| 2023-12-31 | $3.23 billion | $0 |
| 2024-12-31 | −$12 million | $0 |
| 2025-12-31 | $0 | $0 |
Deal filings since 2016
- 2026-04-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-02-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-04-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Ovintiv’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.