Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from NuVista Energy ( (TSE:NVA) ) is now available.
NuVista Energy and Ovintiv have secured approval from the Government of Canada under the Investment Canada Act for Ovintiv’s previously announced acquisition of NuVista through its subsidiary Ovintiv Canada ULC. With this final regulatory consent following earlier clearance under the Competition Act, a court order from the Court of King’s Bench of Alberta, and shareholder approval from NuVista investors on January 23, 2026, the transaction is now on track to close around February 3, 2026, pending remaining customary closing conditions, marking a significant step toward consolidating Ovintiv’s position in the Canadian energy sector and providing NuVista shareholders with deal certainty.
The most recent analyst rating on (TSE:NVA) stock is a Hold with a C$18.50 price target. To see the full list of analyst forecasts on NuVista Energy stock, see the TSE:NVA Stock Forecast page.
Spark’s Take on TSE:NVA Stock
According to Spark, TipRanks’ AI Analyst, TSE:NVA is a Outperform.
The score is driven primarily by strong profitability and a conservative balance sheet, partially offset by weaker free-cash-flow generation. Valuation is reasonable (P/E ~10.9), and the proposed Ovintiv acquisition with a stated premium is a supportive corporate catalyst, while technical signals are neutral-to-mixed.
To see Spark’s full report on TSE:NVA stock, click here.
More about NuVista Energy
NuVista Energy Ltd. is a Canadian oil and gas producer focused on the exploration and development of natural gas and condensate-rich resource plays, while Ovintiv Inc. is a North American energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids across key resource basins in Canada and the United States.
Average Trading Volume: 1,424,873
Technical Sentiment Signal: Buy
Current Market Cap: C$3.56B
For detailed information about NVA stock, go to TipRanks’ Stock Analysis page.