Ovintiv Inc. Form 8-K Filing

This filing reports on Ovintiv Inc.'s agreement to acquire NuVista Energy Ltd. in a stock-and-cash transaction, expected to close by the end of Q1 2026. NuVista has begun distributing its management information circular regarding the arrangement. The report includes unaudited pro forma operational information and capitalization details for Ovintiv as of and for the periods ending December 31, 2024, September 30, 2025, and nine months ended September 30, 2025. These details are presented to reflect the combined entity post-acquisition, with adjustments made to NuVista's historical reserves data to comply with U.S. Standards. The pro forma information indicates a significant combined reserve and production capacity. The filing also details changes in Ovintiv's capitalization, including increased short-term borrowings and total net capitalization, to reflect the transaction financing, which involves drawing on credit facilities and commercial paper programs to fund the acquisition and repay NuVista's existing debt. Ovintiv has also announced a divestiture of its Anadarko assets, with proceeds intended for debt reduction.