Claim 70% Off TipRanks This Holiday Season
- 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
Ovintiv ( (OVV) ) just unveiled an announcement.
On November 4, 2025, Ovintiv Inc., through its wholly owned subsidiary Ovintiv Canada ULC, entered into an Arrangement Agreement to acquire Alberta-based NuVista Energy Ltd. in a stock-and-cash deal to be implemented under the Business Corporations Act (Alberta), with closing targeted by the end of the first quarter of 2026. On December 22, 2025, NuVista began mailing its management information circular and proxy materials, which include unaudited pro forma operational data for Ovintiv as of and for the year ended December 31, 2024 and for the nine months ended September 30, 2025, as well as pro forma consolidated capitalization as of September 30, 2025, illustrating the reserves, production and capital structure of the combined company; Ovintiv also detailed how NuVista’s reserves have been adjusted to U.S. standards and highlighted that these pro forma figures are illustrative, subject to customary closing conditions and regulatory approvals, and carry material execution and integration risks that could affect the transaction’s realization and the anticipated benefits for stakeholders.
The most recent analyst rating on (OVV) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Ovintiv stock, see the OVV Stock Forecast page.
Spark’s Take on OVV Stock
According to Spark, TipRanks’ AI Analyst, OVV is a Neutral.
Ovintiv’s overall stock score reflects a balance between strong strategic initiatives and current financial challenges. The positive impact of the NuVista acquisition and efficiency improvements is tempered by bearish technical indicators and high valuation concerns.
To see Spark’s full report on OVV stock, click here.
More about Ovintiv
Ovintiv Inc. is a North American oil and natural gas producer with operations governed by U.S. reporting standards and listings in both U.S. and Canadian markets. The company focuses on exploration and production of crude oil, natural gas and related liquids, reports reserves under U.S. GAAP and SEC rules, and has obtained Canadian regulatory relief allowing it to use U.S. disclosure standards instead of National Instrument 51‑101 for its oil and gas reporting.
Average Trading Volume: 3,329,180
Technical Sentiment Signal: Sell
Current Market Cap: $9.47B
For a thorough assessment of OVV stock, go to TipRanks’ Stock Analysis page.