Asset QualityThe Paramount Montney is considered one of the best assets in E&P, with better capital efficiency and extended condensate duration projected through 2030.
Financial PerformanceA combination of improved CAD gas marketing, production guidance bumps, capex cuts, and improved taxes result in ~$110m of FCF uplift to our '25 model, a compelling 8% bump.
Strategic FocusOvintiv made a strategic decision to refocus on its Canadian E&P heritage, refining its identity with operational leadership in the Midland and Montney plays.