EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy
ReutersMay 30, 2025 12:49 PM
May 30 (Reuters) - EOG Resources Inc EOG.N:
EOG RESOURCES TO ACQUIRE ENCINO ACQUISITION PARTNERS FROM CPP INVESTMENTS AND ENCINO ENERGY, STRENGTHENING PREMIER UTICA ASSET; INCREASES REGULAR DIVIDEND 5%
EOG RESOURCES INC - TO BUY ENCINO ACQUISITION PARTNERS FOR $5.6 BILLION
EOG RESOURCES INC - EXPECTS $150 MILLION OF SYNERGIES IN FIRST YEAR
EOG RESOURCES INC - ACQUISITION TO BE FUNDED THROUGH $3.5 BILLION DEBT AND $2.1 BILLION CASH
EOG RESOURCES INC - DEAL IMMEDIATELY ACCRETIVE TO EOG'S NET ASSET VALUE AS WELL AS ALL PER-SHARE FINANCIAL METRICS
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