Ovintiv to Sell Anadarko Land Holdings to Undisclosed Buyer for $3B

Dow Jones

Feb 18

By Elias Schisgall

Ovintiv agreed to sell about 360,000 net acres of land in the Anadarko Basin in Oklahoma for $3 billion.

The natural-gas company said Tuesday that the land has produced about 90,000 barrels of oil equivalent per day so far in February.

It didn't disclose the buyer.

The sale encompasses nearly all of the company's acreage in the Anadarko Basin, it said.

"This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target, and unlocking increased returns to our shareholders," Chief Executive Brendan McCracken said.

"We have built one of the deepest premium inventory positions in our industry in the two most valuable plays in North America, the Permian and the Montney," McCracken added. "This positions us to deliver superior returns for our shareholders for many years to come."

The transaction is expected to close in the second quarter with an effective date of Jan. 1.

Wells Fargo served as financial adviser for the transaction.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 17, 2026 17:41 ET (22:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2612640496"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612640496\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612640496?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-18 06:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612640496","market":"sg","top_or_hot":-1,"title":"Ovintiv to Sell Anadarko Land Holdings to Undisclosed Buyer for $3B","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Elias Schisgall \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Ovintiv agreed to sell about 360,000 net acres of land in the Anadarko Basin in Oklahoma for $3 billion. \n</p>\n<p>\n  The natural-gas company said Tuesday that the land has produced about 90,000 barrels of oil equivalent per day so far in February. \n</p>\n<p>\n  It didn't disclose the buyer. \n</p>\n<p>\n  The sale encompasses nearly all of the company's acreage in the Anadarko Basin, it said. \n</p>\n<p>\n  \"This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target, and unlocking increased returns to our shareholders,\" Chief Executive Brendan McCracken said. \n</p>\n<p>\n  \"We have built one of the deepest premium inventory positions in our industry in the two most valuable plays in North America, the Permian and the Montney,\" McCracken added. \"This positions us to deliver superior returns for our shareholders for many years to come.\" \n</p>\n<p>\n  The transaction is expected to close in the second quarter with an effective date of Jan. 1. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> served as financial adviser for the transaction. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 17, 2026 17:41 ET (22:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ovintiv to Sell Anadarko Land Holdings to Undisclosed Buyer for $3B</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOvintiv to Sell Anadarko Land Holdings to Undisclosed Buyer for $3B\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-18 06:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Elias Schisgall \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Ovintiv agreed to sell about 360,000 net acres of land in the Anadarko Basin in Oklahoma for $3 billion. \n</p>\n<p>\n  The natural-gas company said Tuesday that the land has produced about 90,000 barrels of oil equivalent per day so far in February. \n</p>\n<p>\n  It didn't disclose the buyer. \n</p>\n<p>\n  The sale encompasses nearly all of the company's acreage in the Anadarko Basin, it said. \n</p>\n<p>\n  \"This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target, and unlocking increased returns to our shareholders,\" Chief Executive Brendan McCracken said. \n</p>\n<p>\n  \"We have built one of the deepest premium inventory positions in our industry in the two most valuable plays in North America, the Permian and the Montney,\" McCracken added. \"This positions us to deliver superior returns for our shareholders for many years to come.\" \n</p>\n<p>\n  The transaction is expected to close in the second quarter with an effective date of Jan. 1. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> served as financial adviser for the transaction. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 17, 2026 17:41 ET (22:41 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612640496","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612640496","pubTimestamp":1771368060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ovintiv agreed to sell about 360,000 net acres of land in the Anadarko Basin in Oklahoma for $3 billion.The natural-gas company said Tuesday that the land has produced about 90,000 barrels of oil equivalent per day so far in February.The sale encompasses nearly all of the company's acreage in the Anadarko Basin, it said.\"This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target, and unlocking increased returns to our shareholders,\" Chief Executive Brendan McCracken said.\"We have built one of the deepest premium inventory positions in our industry in the two most valuable plays in North America, the Permian and the Montney,\" McCracken added. \"This positions us to deliver superior returns for our shareholders for many years to come.\". The transaction is expected to close in the second quarter with an effective date of Jan. 1.Wells Fargo served as financial adviser for the transaction.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4213":"石油与天然气的勘探与生产","BK4588":"碎股","BK4559":"巴菲特持仓","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","OVV":"Ovintiv Inc.","BK4201":"综合性石油与天然气企业"},"translate_title":"Ovintiv将以30亿美元的价格将阿纳达科土地控股公司出售给未透露姓名的买家","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OVV":0.9},"content_text":"By Elias Schisgall \n\n\n \n\n\n  Ovintiv agreed to sell about 360,000 net acres of land in the Anadarko Basin in Oklahoma for $3 billion. \n\n\n  The natural-gas company said Tuesday that the land has produced about 90,000 barrels of oil equivalent per day so far in February. \n\n\n  It didn't disclose the buyer. \n\n\n  The sale encompasses nearly all of the company's acreage in the Anadarko Basin, it said. \n\n\n  \"This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target, and unlocking increased returns to our shareholders,\" Chief Executive Brendan McCracken said. \n\n\n  \"We have built one of the deepest premium inventory positions in our industry in the two most valuable plays in North America, the Permian and the Montney,\" McCracken added. \"This positions us to deliver superior returns for our shareholders for many years to come.\" \n\n\n  The transaction is expected to close in the second quarter with an effective date of Jan. 1. \n\n\nWells Fargo served as financial adviser for the transaction. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 17, 2026 17:41 ET (22:41 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}