Ovintiv Inc. 8-K

What Happened

• Ovintiv Inc. announced that, pursuant to an Arrangement Agreement dated November 4, 2025, its wholly owned subsidiary Ovintiv Canada ULC has agreed to acquire NuVista Energy Ltd. (NuVista) in a stock-and-cash transaction to be effected by an Alberta plan of arrangement. The companies expect the Arrangement to close by the end of the first quarter of 2026. On December 22, 2025, NuVista began mailing its management information circular and proxy statement related to the Arrangement.

Key Details

• Arrangement Agreement dated: November 4, 2025.
• Transaction form: stock-and-cash acquisition via an arrangement under the Business Corporations Act (Alberta).
• Expected closing: by the end of Q1 2026 (subject to closing conditions).
• Dec 22, 2025: NuVista commenced mailing its management information circular and proxy statement; Ovintiv furnished unaudited pro forma operational and consolidated capitalization information as an exhibit.

Why It Matters

• This is a material merger-and-acquisition event for Ovintiv: it will combine NuVista’s assets and operations with Ovintiv’s Canadian subsidiary pending customary approvals and conditions. The company provided pro forma operational and capitalization information to help investors assess the likely financial impact. Investors should review NuVista’s circular/proxy and the pro forma exhibit for details on consideration, financing, shareholder votes, and any potential effects on Ovintiv’s capital structure and future results.