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Ovintiv's stock performance is mixed as analysts forecast a 25.4% decline in 2025 earnings, overshadowing the company's strategic acquisitions.
Pembina Pipeline Corporation forecasts 2026 adjusted EBITDA between C$4.1 billion and C$4.4 billion, supported by a C$1.6 billion capital plan and a new 12-year LNG agreement with Ovintiv.
Ovintiv has entered into a 12-year agreement with Pembina Pipeline Corporation to secure 0.5 million tonnes per annum of liquefaction capacity at the Cedar LNG facility. The deal provides Ovintiv with long-term access to higher-priced global LNG markets.
Ovintiv has affirmed its quarterly dividend of $0.30 per share, yielding 3.0%, reinforcing a broader market trend of capital returns to shareholders. The move is seen as a signal of operational stability amid similar actions by peers in the energy sector and other industries.