NuVista Energy Acquired by Ovintiv in $3.8 Billion Deal

NuVista Energy has agreed to be acquired by Ovintiv in a cash and share transaction worth approximately $3.8 billion. Ovintiv will pay $18.00 per NuVista share, with 50% in cash and 50% in Ovintiv shares. This represents a 21% premium to NuVista's unaffected share price and is expected to close in Q1 2026. NuVista's Board of Directors has unanimously approved the transaction.