Ovintiv Inc. has agreed to sell its Oil & Gas assets in the Anadarko Basin for $3 billion in cash to streamline its portfolio ...
The agreement includes around 360,000 net acres, representing nearly all of the company's holdings in Oklahoma, US.
The company CEO said the sale positions the company to deliver 'superior' returns to shareholders, pointing to the operator's positions in the Permian basin and Montney.
Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed ...
Investing.com -- Ovintiv Inc (NYSE:OVV) stock rose 2% in after-hours trading Tuesday following the company’s announcement of a definitive agreement to sell its Anadarko assets in Oklahoma for $3 ...
This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target and unlocking ...
Ovintiv ( OVV) +4.2% post-market Tuesday after saying it agreed to sell its Anadarko assets, located in Oklahoma, to an unnamed buyer for $3B in cash, as it seeks to focus on its holdings in the ...
During a time when many small Oklahoma towns are struggling to make ends meet, one community is celebrating a big purchase. The City of Anadarko welcomed a new state-of-the-art fire truck to its fleet ...
Feb 17 (Reuters) - Ovintiv said on Tuesday it agreed to sell its Anadarko assets in Oklahoma to an undisclosed buyer for $3 billion, as the company sharpens its focus on higher-margin plays in the ...
North American producers are increasingly concentrating capital in core, higher-return basins while shedding non-core assets ...