Divestiture/carve-outFeb 17, 2026Pending
🇺🇸 United States
OAOvintiv Anadarko AssetsBuyer not yet identified
Energy › Oil & Gas Production
Deal valueUndisclosed
AnnouncedFeb 17, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderUnknown
Contingent paymentNo
Overview
Ovintiv entered into a definitive agreement to sell its Anadarko assets in Oklahoma (about 360 thousand net acres, ~90 Mboe/d) to an undisclosed buyer for $3.0 billion in cash proceeds.
Deal rationale
The sale focuses Ovintiv's portfolio on the Permian and Montney, helps it reach its debt target, and supports increased shareholder returns.
AI-generated from the SEC filingPendingEnergy › Oil & Gas ProductionUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
WFWells Fargo
Parties
Acquirer
Not identified in the filing.
Seller
OOvintiv Inc.
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- Ticker
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