Each branch is a paragraph in Risk Factors with nothing like it in the 10-K filed Feb 26, 2025. A box jumps to the paragraph as filed, below.
5 paragraphs in Risk Factors of the 10-K filed Feb 23, 2026 with nothing like them in the 10-K filed Feb 26, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Additionally, we utilize proprietary AI in our business. As with many developing technologies, AI presents risks and challenges and may result in unintended consequences that could affect its further development and use, and therefore our business. If our proprietary AI fails to operate as anticipated our competitive position may be harmed and our business and reputation may be adversely impacted.
for GHG emissions from power plants, refineries, and oil and gas suppliers; and a number of prior initiatives regarding reporting and clean air standards have either been rescinded, withdrawn, or are pending review. Finally, via executive order on January 7, 2026, President Trump withdrew the United States from the United Nations Framework Convention on Climate Change (UNFCCC), which the U.S. joined in 1992, and the Intergovernmental Panel on Climate Change, which produces climate reports. There may continue to be further regulatory changes related to climate change during the remainder of the Trump presidency.
In November 2025, the Government of Canada and the Government of Alberta signed a Memorandum of Understanding (“MOU”) addressing, among other things, that while Canada and Alberta remain committed to achieving net zero greenhouse gas emissions by 2050, the Government of Canada will not implement the Oil and Gas Emissions Cap, which has not yet been put into effect. Further, Canada and Alberta agreed to enter into a methane equivalency agreement by April 1, 2026, with a 2035 target date and a 75 percent reduction target relative to 2014 emissions levels. In December 2025, the Government of Canada announced final methane regulations for the onshore oil and gas sector under the Canadian Environmental Protection Act. The rules strengthen leak detection and repair requirements, prohibit or significantly limit routine venting and flaring, and establish prescribed work practices and inspection schedules and facility‑level methane intensity thresholds. Amendments will come into force on January 1, 2028, and target methane reduction by 2040. The Government of British Columbia also has equivalency agreements in place with the Government of Canada, such that the current federal methane regulations generally do not apply in the province; however, regulatory changes may be issued to maintain the equivalency with the newly issued Federal regulations.
natural gas companies and/or bring shareholder proposals demanding that oil and natural gas companies increase climate disclosure; change business practices or operations; or appoint new board representation.
based upon liability under the laws of such Foreign Jurisdiction, including the securities laws of any province within Canada.
New in the latest 10-Q
19 paragraphs in the 10-Q filed Nov 3, 2026 with nothing like them in the 10-Q filed Jul 23, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
The NuVista Acquisition has been accounted for under the acquisition method of accounting, which requires that the assets and liabilities assumed be recognized at their fair values as of the acquisition date, with any excess of the purchase price over the estimated fair value of identified net assets acquired recorded as goodwill. The preliminary purchase price allocation represents the consideration paid and the fair values of the assets acquired and liabilities assumed as of the acquisition date.
Read in the 10-Q
The preliminary purchase price allocation was based on the initial valuation from estimates and assumptions that management believes are reasonable. These will be subject to change based on the determination of the final closing adjustments and when the remaining information necessary to complete the valuation is obtained. The Company expects the purchase price allocation to be completed within 12 months following the acquisition date, during which time the value of net assets and liabilities acquired may be revised as appropriate.
Read in the 10-Q
Based on approximately 30.1 million Ovintiv shares of common stock at $42.47 per share (C$58.08 per share using the closing price as of February 2, 2026, on the TSX).
Read in the 10-Q
Includes approximately $53 million paid to NuVista employees in respect of liability awards held.
Read in the 10-Q
On October 1, 2025, Ovintiv purchased 18.5 million NuVista common shares for $212 million (C$296 million). As at December 31, 2025, these shares were remeasured at fair value and presented as investment in marketable securities in the Consolidated Balance Sheet. On February 2, 2026, the NuVista shares were remeasured at fair value using Ovintiv common stock at $42.47 per share (C$58.08 per share using the closing price on February 2, 2026, on the TSX).
Read in the 10-Q
Since the completion of the business combination on February 3, 2026, additional information related to pre-acquisition assets and liabilities was obtained resulting in measurement period adjustments. Changes to the purchase price allocation comprised an increase in accounts receivable and accrued revenues of $5 million, a decrease in income tax receivable of $2 million, a decrease in goodwill of $7 million, and a decrease in accounts payable and accrued liabilities of $4 million.
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The Company used the income approach valuation technique for the fair value of assets acquired and liabilities assumed. The carrying amounts of cash and cash equivalents, accounts receivable and accrued revenues, income tax receivable, risk management assets, net, accounts payable and accrued liabilities, and debt approximate their fair values due to their nature and/or short-term maturity of the instruments. The fair values of operating lease assets and liabilities, and other long-term liabilities were classified within Level 2 of the fair value hierarchy and were determined using quoted prices and rates from an available pricing source. The fair values of proved properties, unproved properties, other property, plant and equipment, and
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As at September 30, 2026 Level 1 Level 2 Level 3 Total Fair Netting (1) Carrying
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23. Subsequent Event Agreement to Acquire Logan Energy Corp. On October 26, 2026, Ovintiv announced it has entered into a definitive agreement to acquire all of the issued and outstanding common shares of Logan Energy Corp. (“Logan”) in an all-cash transaction valued at approximately $890 million (C$1.26 billion), inclusive of assumed debt. Under the terms of the arrangement agreement, Ovintiv will acquire all of the issued and outstanding common shares of Logan for C$1.40 per share. The transaction has been unanimously approved by the Boards of Directors of both Ovintiv and Logan, and is expected to close early in the first quarter of 2027 subject to Logan shareholder, court, regulatory and other customary approvals.
Read in the 10-Q
• On October 26, 2026, Ovintiv announced it has entered into a definitive agreement to acquire all of the issued and outstanding common shares of Logan Energy Corp. (“Logan”) in an all-cash transaction valued at approximately $890 million (C$1.26 billion), inclusive of assumed debt (“Logan Acquisition”). Under the terms of the arrangement agreement, Ovintiv will acquire all of the issued and outstanding common shares of Logan for C$1.40 per share. The acquisition will add approximately 420 net well locations to Ovintiv’s existing Montney inventory and approximately 266,000 net acres. The transaction has been unanimously approved by the Boards of Directors of both Ovintiv and Logan, and is expected to close early in the first quarter of 2027 subject to Logan shareholder, court, regulatory and other customary approvals.
Read in the 10-Q
• As at September 30, 2026, the Company had closed its previously announced acreage acquisitions, comprising $241 million and $237 million in Montney and Permian, respectively. The acquisitions added approximately 20,000 net acres and 120 net well locations in Montney, and approximately 21,000 net acres and 120 net well locations in Permian.
Read in the 10-Q
• Repurchased in the open market approximately $109 million in principal amount of the Company’s senior notes.
Read in the 10-Q
• Repurchased in the open market approximately $109 million in principal amount of the Company’s senior notes.
Read in the 10-Q
Average per-unit prices, excluding the impact of risk management activities. Realized prices for natural gas and total production include by-product revenues.
Read in the 10-Q
Completion of the Logan Acquisition is subject to conditions that may not be satisfied or completed on a timely basis or at all, and, if completed, we may be unable to achieve the anticipated benefits of the Logan Acquisition.
Read in the 10-Q
Our obligations and the obligations of Logan to consummate the Logan Acquisition are subject to the satisfaction (or waiver by all parties, to the extent permissible under applicable laws) of a number of conditions described in the arrangement agreement (the “Arrangement Agreement”). These include, among other things, the approval of the arrangement (the “Arrangement”) by the Logan shareholders, the approval of the Arrangement by the Court of King’s Bench of Alberta and the receipt of approval under the Competition Act (Canada). Such conditions, some of which are beyond our control, may not be satisfied or waived in a timely manner or at all. If any of these conditions are not satisfied or waived prior to the Outside Date (as such term is defined in the Arrangement Agreement), it is possible that the Arrangement Agreement may be terminated. If the Logan Acquisition is not completed, we will be required to pay our costs relating to the Logan Acquisition, such as legal, accounting and financial advisory expenses, and we will have committed management time and resources to the transaction, in each case without realizing any of the benefits of having completed the Logan Acquisition. In addition, the market price of Ovintiv’s common stock could decline to the extent that the current market price reflects a market assumption that the Logan Acquisition will be completed.
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If the Logan Acquisition is completed, our ability to achieve its anticipated benefits will depend in part upon whether we can integrate the assets and their operations into our existing business in an efficient and effective manner. Our assessment of the assets, including recoverable reserves, future commodity prices, development and operating costs and potential environmental and other liabilities, is inherently uncertain. Our review of the assets may not reveal all existing or potential problems. The integration process may be subject to delays or changed circumstances. We can give no assurance that the assets will perform in accordance with our expectations, or that there will not be unknown liabilities and unforeseen expenses associated with the Logan Acquisition.
Read in the 10-Q
2.1* Arrangement Agreement, dated as of October 26, 2026, by and among Ovintiv Inc., Ovintiv Canada ULC, Logan Energy Corp. and Logan Oil Corp. (incorporated by reference to Exhibit 2.1 to Ovintiv’s Current Report on Form 8-K filed on October 26, 2026, SEC File No. 001-39191).
Read in the 10-Q
* Certain annexes, schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. Ovintiv Inc. hereby undertakes to furnish supplemental copies of any of the omitted annexes, schedules and exhibits upon request by the SEC.
Read in the 10-Q
Item 1A of the 10-Q filed Nov 3, 2026 against Item 1A of the 10-K filed Feb 23, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:Except as set forth below, there have been no material changes to the risk factors previously disclosed in Item 1A., “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2025.
Read in the 10-Q
Two-word phrases in Risk Factors of the 10-K filed Feb 23, 2026 that are in none of the 1 earlier 10-Ks stored, back to Feb 26, 2025
Used at least twice, small words left out. Counted, not picked: a phrase can be new because the company renamed something.
10 paragraphs of last year's Risk Factors with nothing like them now. The longest are quoted.
Item 1A of each 10-K and 10-Q on EDGAR, quoted exactly. Each paragraph links to the filing at sec.gov.
10-K change: what was reworded or cut, section by section.
Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/OVV/export.csv") into a cell.
