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12:00-14:00Today2 Stories
Ovintiv's Montney Buying Spree Continues With $890 Million Logan Deal
U.S.-based oil and gas producer Ovintiv (NYSE: OVV) has agreed to acquire Canadian energy company Logan Energy in an all-cash transaction valued at approximately $890 million
Ovintiv (OVV) Agreed $890 Million Acquisition To Expand Its Montney Oil Position
Ovintiv (NYSE:OVV) agreed a definitive deal to acquire Logan Energy Corp., expanding its position in the Montney oil play. The transaction adds new Montney acreage and production capacity in one of Ovintiv's core operating areas. Management expects the Logan Energy acquisition to be immediately accretive and to deliver cost synergies across Ovintiv's existing Montney footprint. The Logan Energy acquisition reshapes Ovintiv's Montney profile, but the headline terms only tell part of the...
09:00-11:00Today2 Stories
Ovintiv Expands Montney Operations Through Logan Acquisition
OVV's $890 million Logan Energy proposed acquisition adds 266,000 net acres and 20,000 BOE/d, with projected synergies and stronger cash flow growth.
Ovintiv (OVV) Earnings Expected to Grow: Should You Buy?
Ovintiv (OVV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
05:00-07:00Today2 Stories
Ovintiv to buy Canadian upstream company Logan Energy for $890m
The transaction will add 266,000 net acres to Ovintiv’s Montney footprint, including 200,000 core acres of largely undeveloped inventory.
Ovintiv To Strengthen Canadian Footprint With Logan Deal, I Prefer Logan Oil
Ovintiv is acquiring most of Logan Energy for C$1.40 per share in an all-cash deal. Find out why OVV stock is a hold.