Ovintiv Exploration Overview
- Year Founded
-
1988
- Status
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Acquired/Merged
- Employees
-
1,010
- Latest Deal Type
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M&A
- Financing Rounds
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16
- Investments
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12
Ovintiv Exploration General Information
Description
Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.
Contact Information
Website
www.newfield.comCorporate Office
- 4 Waterway Square Place
- Suite 100
- The Woodlands, TX 77380
- United States
Corporate Office
- 4 Waterway Square Place
- Suite 100
- The Woodlands, TX 77380
- United States
Ovintiv Exploration Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ovintiv Exploration Comparisons
Industry
Financing
Details
Ovintiv Exploration Competitors (36)
One of Ovintiv Exploration’s 36 competitors is EXCO Resources, a Formerly PE-Backed company based in Dallas, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| EXCO Resources | Formerly PE-Backed | Dallas, TX | ||||
| XTO Energy | Corporate Backed or Acquired | Spring, TX | ||||
| Amplify Energy | Corporation | Houston, TX | ||||
| Abraxas Petroleum | Corporate Backed or Acquired | San Antonio, TX | ||||
| Battalion Oil | Corporation | Houston, TX |
Ovintiv Exploration Signals
Growth Rate
Growth
Size Multiple
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Similarweb Unique Visitors
Majestic Referring Domains
Ovintiv Exploration Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Ovintiv Exploration Investments & Acquisitions (12)
Ovintiv Exploration’s most recent deal was a Corporate Asset Purchase with Bank of Montreal (E&P assets) for . The deal was made on 01-Feb-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Bank of Montreal (E&P assets) | 01-Feb-2019 | Corporate Asset Purchase | Buildings and Property | ||
| Chesapeake Energy (Oklahoma Assets) | 30-Jun-2016 | Corporate Asset Purchase | Buildings and Property | ||
| Harvest Natural Resources (Oil and Gas Assets) | 17-May-2011 | Corporate Asset Purchase | Buildings and Property | ||
| Branta (Texas) | 01-Mar-2011 | Secondary Transaction - Private | Energy Exploration | ||
| Newfield Exploration (Eagle Ford shale) | 12-Jan-2010 | Corporate Asset Purchase | Other Energy |
Ovintiv Exploration Exits (2)
Ovintiv Exploration’s most recent exit was on 12-Jan-2010 from Newfield Exploration (Eagle Ford shale). The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Newfield Exploration (Eagle Ford shale) | 12-Jan-2010 | Completed |
|
||
| Primary Natural Resources IV | 05-Sep-2008 | Merger/Acquisition | Completed |
Ovintiv Exploration FAQs
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When was Ovintiv Exploration founded?
Ovintiv Exploration was founded in 1988.
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Where is Ovintiv Exploration headquartered?
Ovintiv Exploration is headquartered in The Woodlands, TX.
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What is the size of Ovintiv Exploration?
Ovintiv Exploration has 1,010 total employees.
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What industry is Ovintiv Exploration in?
Ovintiv Exploration’s primary industry is Energy Exploration.
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Is Ovintiv Exploration a private or public company?
Ovintiv Exploration is a Private company.
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What is the current valuation of Ovintiv Exploration?
The current valuation of Ovintiv Exploration is .
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What is Ovintiv Exploration’s current revenue?
The current revenue for Ovintiv Exploration is .
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How much funding has Ovintiv Exploration raised over time?
Ovintiv Exploration has raised $3.65B.
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Who are Ovintiv Exploration’s investors?
, Citadel Enterprise Americas, Dartmouth College Endowment, Duke University Endowment, and Millennium Management are 5 of 9 investors who have invested in Ovintiv Exploration.
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Who are Ovintiv Exploration’s competitors?
EXCO Resources, XTO Energy, Amplify Energy, Abraxas Petroleum, and Battalion Oil are some of the 36 competitors of Ovintiv Exploration.
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When was Ovintiv Exploration acquired?
Ovintiv Exploration was acquired on 12-Feb-2019.
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Who acquired Ovintiv Exploration?
Ovintiv Exploration was acquired by Ovintiv.
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