Brief: Ovintiv Strengthens Portfolio With Core Oil-Rich Montney Asset Acquisition

Ovintiv

14/11/2024 11:43

Nov 14 (Reuters) - Ovintiv Inc  OVV.N :
    * OVINTIV STRENGTHENS PORTFOLIO WITH CORE OIL-RICH MONTNEY
ASSET
ACQUISITION
    * OVINTIV INC - TO ACQUIRE MONTNEY ASSETS FOR $2.377 BILLION
    * OVINTIV INC - TO SELL UINTA BASIN ASSETS FOR $2 BILLION
    * OVINTIV INC - COMBINED TRANSACTIONS TO INCREASE 2025 FREE
CASH
FLOW BY $300 MILLION
    * OVINTIV INC: TEMPORARILY PAUSED ITS SHARE BUYBACK PROGRAM
    * OVINTIV INC: BASE DIVIDEND IS EXPECTED TO REMAIN UNCHANGED
    * OVINTIV INC OUTLOOK 2025 TOTAL VOLUMES OF APPROXIMATELY
620
MBOE/D

Source text:  urn:newsml:reuters.com:*:nPn4nl2KWa
Further company coverage:  OVV.N 

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