Debt ManagementThe transaction is leverage neutral, while an Anadarko sale will achieve long-held debt targets and further streamline the portfolio.
Free Cash FlowFree cash flow generation is expected to support multiple avenues of shareholder return, including dividends, share repurchases, and debt repayment.
Strategic AcquisitionOvintiv's $2.7Bn NuVista acquisition is viewed as positive, with oily Montney inventory deepened, while bringing meaningful synergies.